Video encoding is the process of compressing and potentially changing the format of video content, sometimes changing an analog source to a digital one. In regards to compression, the goal is so that it consumes less space. This is because it's a lossy process that throws away information related to the video. Upon decompression for playback, an approximation of the original is created. The more compression applied, the more data is thrown out and the worse the approximation looks versus the original. (IBM)

Market Analysis and Insights: Global Media Coding Service Market
The global Media Coding Service market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Media Coding Service market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Media Coding Service market in terms of revenue.
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Global Media Coding Service Scope and Market Size
Media Coding Service market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Media Coding Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Public Cloud
Private Cloud
Hybrid Cloud

Segment by Application
Video on Demand
Live Streaming

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Adobe
Amazon (AWS)
Bertelsmann (Arvato)
Bitmovin
Brightcove
Cast Time
Cloudflare
Coconut
Contus
Encoding.com
Mediatriple
Microsoft
Mux
Nekojarash
Qencode
Telestream
Visionular
xymatic (Delight XR)
Zype