The video capture cards market in APAC is expected to grow from US$ 177.86 million in 2021 to US$ 297.61 million by 2028; it is estimated to grow at a CAGR of 7.6% from 2021 to 2028. Thunderbolt is the hardware interface, which permits the connection between the external peripherals to a computer; it was developed by Apple and Intel. The Thunderbolt 1 and 2 make use of the same connector as Mini DisplayPort (MDP), whereas Thunderbolt 3 can be used as USB Type-C. These are initially developed and marketed with the name: Light Peak. These Thunderbolt combines DisplayPort (DP) and PCI Express (PCIe) with the two serial signals and offers DC power across cable. Subsequently, the Thunderbolt makes use of DisplayPort protocol to be used as video display, and relate to any VGA, DVI, DisplayPort, or HDMI, display using current applicable adapters. With the constant development of Thunderbolt video interface for the systems which comprises Thunderbolt™ 2, the users easily take advantage of data transferring speeds of up to 20Gbps, along with DisplayPort 1.2 support. The integration of Thunderbolt 2 workstations and laptops behave as a backwards, that are compatible as a unique Thunderbolt video interface devices and Thunderbolt 2 utilizes the same connectors and cables. Similarly, Thunderbolt 3 doubles the transferring speed of the data up to 40Gbps and employs the USB-C connection for simplified and broad device connectivity. The acceptance of different Thunderbolt version by the user for enhanced speed of data transfer and as an efficient video interface is the on-going trend, which is boosting the growth of the APAC video capture cards market.
The HDMI segment led the APAC video capture cards market based on input interphase in 2020.The video capture cards is used to capture HDMI video for sending video signals to computers, laptops, and smartphones for recording live preview and storing them efficiently.
The HDMI input interface is suitable for high definition acquisition, medical imaging, teaching recording, game entertainment live broadcasting, and many more. The HDMI when connected with USB 2.0 offers Full HD 1080p video quality, live recording, streaming and live broadcasting capture. For instance, the Cable Matters offers a HD Video Capture Card that provides the connectivity through USB 3.0 along with pass-through HDMI connectivity to divide the stream between TV and PC and gives the capability to record 1080p video resolution. This type of video capture card is also known as USB-C capture card, which provide variety of connection options to users.
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.
The overall APAC video capture cards market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining overview and forecast for the APAC video capture cards market with respects to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.
The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC 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; and YUAN High-Tech Development Co., Ltd. are among a few players operating in the APAC video capture cards market.