SCOTTSDALE, Ariz: Top-tier TV service providers across geographic regions are expected to purchase multiformat transcoding equipment for their multiscreen delivery services, says In-Stat (www.in-stat.com). Transcoder technology is vital to Internet and mobile video distribution, contributing to the market that will grow to nearly $300 million by 2014. In-Stat believes the market growth is likely to drive acquisitions among the competitive vendors.

“The transcoder market is mostly comprised of small vendors that were formed to serve a particular segment,” says Michelle Abraham, Principal Analyst. “In-Stat expects that some small vendors will be acquired by larger companies in the next few years in order to round out a company’s product portfolio.”

Recent research by In-Stat found the following:

While North America will be the largest region for live transcoders in the future, EMEA and Asia will experience growth as well.

Worldwide revenues from enterprise-class multiformat transcoders will grow to US$297 million in 2014.

Multiformat transcoders must adapt the content to accommodate multiple different codecs, network bandwidth characteristics, and device screen sizes and resolutions.