Publication Month: Jun 2021 | Report Code: TIPRE00022628 | No. of Pages: 152 | Category: Electronics and Semiconductor | Status: Published
The growth of the video capture card market can be attributed to the rising popularity of online video content across social media platforms. A rise in popularity of various social media platforms and a subsequent transition of several advertisement and market spending converging on these platforms achieved unprecedented traction, particularly in the past few years. Additionally, the mounting trend of social media influencers and professional video bloggers, along with noteworthy rise in number of online video content-based sellers, is boosting the demand for creative video content. Thus, the enhanced quality video content has subsequently facilitated the penetration of video capture card and software application, which, in turn, is fueling the growth of the video capture card market. Moreover, several market players have launched numerous smartphone specific software targeted for this fast-growing customer base with the procurement of video capture card. Hence, the rise in popularity of online video content-based customer base such as content sellers, advertisers, and influencers is expected to provide numerous lucrative growth opportunities for the Video Capture Cards market players in the coming years. However, the professional media production houses such as entertainment industries, gaming, media, and educational institutes continue to be one of the major end users of the video capture card globally. Additionally, the emergence of several regional cinema and online content for OTT platforms across various demographics in Asian and African countries is witnessing a demand for video capture cards, which, in turn, will drive the video capture card in emerging economies.
The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. In order to protect their citizens from the virus, the European governments have made tremendous investments in incorporating technologies in their healthcare systems to help identify signs of the virus.
Due the sudden outbreak of the COVID-19 virus and lockdowns across almost all major countries in Europe, the region has observed a rise in TV viewing, making reels for social media, and adoption of video games among the population. During the pandemic, Internet gaming has seen record numbers of players as a common activity to combat physical distance for society with the regional population at home and unable to function, a strategy advocated by the World Health Organization that has helped many gaming companies increase profits. Since March 23, 2020, there is an increase in number of people playing video games because of the COVID-19 pandemic and subsequent social distancing. The rise was largest, in France (41%), followed by the UK (28%) and Germany (23%). This has created the demand for video capture cards across the market. However, owing to the temporary closure of manufacturing and supply chain activities by the local governments, the distribution of the gaming accessories was highly impacted, thereby negatively impacting the overall video capture cards market in the region.
The increasing use of smartphone for video recording and recoding games are getting capable of competing with gaming console, which can be done either by bringing mobile games to TV or streaming the console games in smartphones. Also, using a smartphone’s camera for recording videos in Instagram Reels, live streaming, and TikTok videos is also boosting the adoption of video capture card, to make it easy for the user to transfer data efficiently to PC and laptops. Further, gaming is becoming a prime focus for line phones, which is attracting attention of gamers. The video capture cards can be easily connected with different gaming consoles such as XBOX One, PS3, and PS4. It helps in recording stunning graphics and impressive resolution of the gameplay. The market players are focusing on developing new high tier Snapdragon processors, which has a potential to give sufficient performance in audio, video, and graphics for console with quality games. Nevertheless, high-end games are likely to be on consoles, whereas majority of games are available for mobile phones. Therefore, the gaming video capture card manufacturers have an opportunity to develop advanced video capture cards, which are compatible for smartphones for recording video and playing games.
Based on platform, the video capture card market is categorized into gaming consoles, PC and laptops, and others. The gaming consoles segment held the largest market share in 2020.
Based on type, the video capture card market is segmented into digital and analog. The digital segment is projected to register higher CAGR during the forecast period.
Based on input interface, the video capture card market is segmented into HDMI, DP, SDI, and others. The others segment is projected to register the highest CAGR during the forecast period.
|Market Size Value in||US$ 467.1 Million in 2021|
|Market Size Value by||US$ 685.4 Million by 2028|
|Growth rate||CAGR of 5.6% from 2021-2028|
|No. of Pages||152|
|No. of Tables||88|
|No. of Charts & Figures||81|
|Historical data available||Yes|
|Segments covered||Platform , Type , and Input Interface|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
Players operating in the video capture card market are mainly focused on the development of advanced and efficient products.
The List of companies - Video Capture Card Market