Based on its recent analysis of the multi-screen software transcoding market, Frost & Sullivan have recognised Harmonic, the leader in video delivery infrastructure for emerging television and video services, with the 2013 Global Frost & Sullivan Market Share Leadership Award for capturing the highest market share within its industry. Harmonic’s share in 2012 was slightly more than 9 percent, and in 2013, it outgrew the market to reach a market share of more than 10 percent, thereby rising to the top spot in a very fragmented market.
Frost & Sullivan estimates that the market for pure multi-screen transcoding–both file and live–earned nearly $140 million in 2012, growing by more than 14 percent to nearly $160 million in 2013 as broadcasters, pay TV service operators and online video providers expanded their on-demand and live streaming offerings. In this environment, Harmonic established competency in file as well as live applications through its ProMedia Carbon and ProMedia Live products, respectively.
ProMedia Xpress is a high-throughput audio video communication (AVC) file transcoder developed to fulfill the growing market need for high-throughput, video-on-demand (VOD) transcoding. Similarly, the company’s ProStream products provide both re-encoding and multi-screen transcoding functionality for all key use cases.
“Frost & Sullivan notes that Harmonic also offers the benefit of serving as a one-stop shop for customers that have varied needs, but are overwhelmed by the technological complexity in deploying the numerous form factors and individual technologies needed to make TV-everywhere a reality,” says Frost & Sullivan Industry Manager Avni Rambhia.