Number of Pages: 78
Market Introduction
The US, Canada, and Mexico are the major economies in North America. The US is a developed country in terms of modern technology and developed IT infrastructure. Technological advancements have led to highly competitive markets across North America. The region hosts several technological giants that invest significant amounts in the development of robust technologies. The US has clearly past the phase of early adoption video capture cards. Rapid increase in the number of corporate offices and their collaborations have boosted the adoption of video capture cards. Huge numbers of enterprises are showing interest in video capture cards to interchange their data accurately, efficiently, and safely. In the US, the organizations and government are showing interest in opting and promoting the video capture cards and its features. The adoption of video capture cards has resulted into increased efficiency as well as cost savings across the US government and motivates other organizations to follow the same. The deployment of video capture cards is rising in the region at a sustainable pace owing to emerging technologies and investment in on-the-cloud systems by organizations. Also, Increase in demand due to popularity of online video content across social media platforms is the major factor driving the growth of the North America video capture cards market.
Favourable government policies to boost innovation and reinforce infrastructure capabilities, North America have the highest acceptance and development rate of emerging technologies. Any impact on industries is therefore projected to have a negative influence on the region's economic development. Currently, due to the COVID-19 outbreak, the US is the world's worst affected country, thus affecting the sudden stands still across all the industries present in the region. (US 46%). For much of the U.S. population, with stay-at-home orders in place, people are searching for ways to pass the time. Many have switched to video games, which in March 2020 saw an unprecedented 75 percent increase in use, according to Verizon. Additionally, United States also recorded the highest rise in adoption of video games during the pandemic, with an estimated increase in gamers by 46% across the country. The games industry across the region has thus experienced great changes due to the pandemic. Companies are pushing towards free-to-play models, while in games played over the cloud, tech giants are making progress. This has influenced the rise in demand for video capture cards across the region. However, the demand for the same couldn’t be catered by the country due to the temporary shutdown of transportation facilities across the region
Market Overview and Dynamics
The video capture cards market in North America is expected to grow from US$ 124.86 million in 2021 to US$ 145.86 million by 2028; it is estimated to grow at a CAGR of 2.2% from 2021 to 2028. 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 smartphone’s camera for recording videos in Instagram Reels, live streaming, and tik-tok videos is also boosting the adoption of video capture card, to make it easy for the user to transfer data efficiently to their PC and laptops. Further, gaming is becoming a prime focus for line phones, which is attracting attention of gamers. The video capture cards are easily being connected with different gaming consoles such as XBOX One, PS3, and PS4. It helps in recording some stunning graphics and impressive resolution of the gameplay. This is bolstering the growth of the video capture cards market.
Key Market Segments
The market for North America 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.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the video capture cards market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ADLINK Technology Inc.; Advantech Co. Ltd.; AverMedia Technologies, Inc.; Datapath Limited; EURESYS S.A.; IMPERX, Inc; Matrox; SINTRONES TECHNOLOGY CORP; YUAN High-Tech Development Co., Ltd. among others.
Reasons to buy report
North America Video Capture Cards Market Segmentation
North America Video Capture Cards Market -By Platform
North America Video Capture Cards Market -By Type
North America Video Capture Cards Market -By Input Interface
North America Video Capture Cards Market -By Country
North America Video Capture Cards Market -Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 124.86 Million |
| Market Size by 2028 | US$ 145.86 Million |
| CAGR (2021 - 2028) | 2.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Platform
|
|
Regions and Countries Covered
|
|
| North America | US, Canada, Mexico |
| Market leaders and key company profiles |
|
The North America Video Capture Cards Market is valued at US$ 124.86 Million in 2021, it is projected to reach US$ 145.86 Million by 2028.
As per our report North America Video Capture Cards Market, the market size is valued at US$ 124.86 Million in 2021, projecting it to reach US$ 145.86 Million by 2028. This translates to a CAGR of approximately 2.2% during the forecast period.
The North America Video Capture Cards Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Video Capture Cards Market report:
The North America Video Capture Cards Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Video Capture Cards Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Video Capture Cards Market value chain can benefit from the information contained in a comprehensive market report.
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