New In-Stat research forecasts that worldwide revenue for multiformat transcoders will surpass $460 million in 2015."The industry is at the start of multiscreen delivery and TV Everywhere," said Michelle Abraham, In-Stat research director, in a statement. "Content providers expect in a few years that as much as 75% of their content will be available via the new distribution platforms."Other findings include:
- The multiscreen services from content providers are primarily being launched in the Americas and EMEA.
- The expectations for TV Everywhere have brought new vendors to the market in 2011: ARRIS, Imagine Communications and Thomson Video Networks.
- In 2010, the file multiformat transcoding market grew by 72% due to the growth in multiscreen services from content providers.
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