Video encoding is the process of converting an input analog video into digital format for playback on various multimedia devices or for streaming over a network. A video encoder is a hardware device dedicated to the video encoding process. It can accept input from a single-camera setup or a multi-camera setup and can be connected to a public or private network for video broadcast. Video encoder is an ideal solution for upgrading an analog camera to Internet Protocol (IP) camera in a cost-effective manner.

Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, global presence, and adoption of growth strategies. The video encoder market comprises several companies that have strong financial capabilities and well-established brand equity. The visionary leaders are characterized by their broad product offerings and global distribution network to fulfill customer requirements in the video encoder market.

Most of the dynamic players are classified as companies which focus on specifically one or two technologies, however, hold a fair position in the market along with a presence in various regions globally. These players have low product offerings with stronger business strategies. The vibration monitoring market has many companies operating since the past decade, which are largely dependent on their competitive R&D activities.

The need for innovative technologies to modernize access control offerings has resulted in innovations in the access control market. Innovators demonstrate substantial product innovations compared with their competitors. These players have wide product portfolios. However, they lack effective growth strategies for their overall business.

Emerging quadrant includes the players which have a relatively moderate position in the market, along with comparatively weaker business strategies and geographic presence. However, these players are expected to hold a significant position in the near future. As the market poses a moderate threat to new entrants in establishing their footprint.