Report : Asia Pacific Video Capture Cards Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Platform (PC and Laptops, Gaming Consoles, and Others), Type (Analog and Digital), and Input Interface (HDMI, SDI, DP, and Others)
HDMI Segment to Dominate APAC Video Capture Cards Market during 2021–2028
According to a new market research study on “APAC Video Capture Cards Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Platform, Type, and Input Interface” is expected to reach US$ 297.61 million by 2028 from US$ 177.86 million in 2021. The market is estimated to grow at a CAGR of 7.6% from 2021 to 2028. The report provides trends prevailing in the APAC video capture cards market along with the drivers and restraints pertaining to the market growth. Mobile phones as a gaming console is the major factor driving the growth of the APAC video capture cards market. However, issues associated with the video with a high price and low quality hinder the growth of APAC video capture cards market.
The market for APAC video capture cards market is segmented into platform, type, input interface, and country. Based on platform, the market is segmented into gaming consoles, PC and laptops, and others. The gaming consoles segment dominated the market in 2020 and others segment is expected to be the fastest growing during the forecast period. Based on type, the market is segmented into digital and analog. The digital segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on input interphase, the market is segmented into HDMI, DP, SDI, and others. The HDMI segment dominated the market in 2020 and others segment is expected to be the fastest growing during the forecast period.
The APAC region is greatly affected by COVID-19, the country also homes the largest population across the world, thereby imposing greater risk of a large number of individuals; it is also a world leader of many global brands. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has also affected other major economies outside China, such as the large India, Australia, and Japan, and is experiencing downward inflation. The sudden closedown of all economic activities across all countries in the region has highly impacted the entertainment industry thereby not allowing them to telecast new episodes. This has influenced the huge population of the developing countries like India and China to adopt OTT platforms for fresh entertainment and on-demand videos and online gaming for refreshments. For instance, during the first quarter, Asian gaming giants Nintendo and Tencent both saw increases in revenue. The former sold almost half of its games digitally, a record that helped raise profits by 41%, while Tencent's revenue from online games year-on-year rose by 31%. Even games published during the pandemic are doing well, both breaking sales records after releasing with titles as varied as Doom Eternal (a first-person shooter) and Animal Crossing (a world-building simulation). The gaming industry experienced a boom during the outbreak of the corona virus, thereby, increasing demand for video capture cards among the gamers. However, the sudden close down of all economic activities including manufacturing across major countries like China, India, Japan, and Australia amongst others have impacted negatively impacted he production and supply chain of the video capture cards market.
ADLINK Technology Inc.; Advantech Co. Ltd.; AverMedia Technologies, Inc.; Datapath Limited; EURESYS S.A.; IMPERX, Inc; Matrox; Nanjing Magewell Electronics Co., Ltd.; SINTRONES TECHNOLOGY CORP; YUAN High-Tech Development Co., Ltd. are among the leading companies in the APAC video capture cards market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, ADLINK’s Edge AI computing platforms will enhance PNY’s portfolio of AI capable GPU offerings enabling customers to automate and innovate by being closer to their data. ADLINK’s Edge AI platforms integrate hardware acceleration for deep learning workloads and provides end-to-end connectivity to generate the actionable intelligence required to achieve operational improvements, boost performance, and improve efficiency.
The report segments the APAC Video Capture Cards market as follows:
APAC Video Capture Cards Market – By Platform
- Gaming Consoles
- PC and Laptops
APAC Video Capture Cards Market – By Type
APAC Video Capture Cards Market – By Input Interface
APAC Video Capture Cards Market – By Country
- South Korea
- Rest of Asia Pacific
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