Comparing the current results to its competitors, Harmonic Inc reported Revenue decrease in the 2 quarter 2026 year on year by -3.14 %, despite the revenue increase by the most of its competitors of 22.93 %, recorded in the same quarter.
Harmonic Inc 's Comment on Competition and Industry Peers
The markets for video infrastructure systems are extremely competitive and
have been characterized by rapid technological change and declining average
selling prices. The principal competitive factors in these markets include product
performance, functionality and features, reliability, pricing, breadth of product
offerings, brand recognition and awareness, sales and distribution capabilities,
technical support and services, and relationships with end customers. We believe
that we compete favorably in each of these categories.
Our competitors in our Video business segment include vertically integrated
system suppliers, such as Arris Group, Cisco Systems and Ericsson (which recently
announced the sale of majority stake in its video technology business to a private
equity firm), and, in certain product lines, other companies including ATEME
and Elemental Technologies (an Amazon Web Services company). With respect to
production and playout products, competitors include Evertz Microsystems, EVS,
Grass Valley (a Belden brand) and Imagine Communications. Our competitors in
our Cable Edge business include Arris, Casa Systems and Cisco Systems. In the
OTT market, our competitors include internally developed technologies and solutions
by companies such as Netflix, Facebook, Google and Microsoft, as well as end-to-end
online video platforms such as Brightcove, who provide comprehensive OTT infrastructure
solutions, some of which overlap with our products and services.
Consolidation in the industry has led to the acquisition of a number of our
historic competitors over the last several years.
For example, Motorola Home, BigBand Networks and C-Cor were acquired by Arris;
NDS and Scientific Atlanta were acquired by Cisco Systems; Envivio and Tandberg
Television were acquired by Ericsson; Elemental Technologies was acquired by
Amazon; and Miranda Technologies and Grass Valley were acquired by Belden Inc.
Consequently, some of our principal competitors are substantially larger and
have greater financial, technical, marketing and other resources than we have.
April 12, 2024
Harmonic VOS Media Software Achieves CNF Certification on Red Hat OpenShift, Boosting Reliability and Security for Data Center DeploymentsHarmonic Inc, a leading provider of video delivery infrastructure solutions, has announced the successful validation of its VOS Media Software as a cloud-native solution. The certification, granted by Red Hat OpenShift, signifies the software s compliance with the Container Network Function (CNF) standards, making it a reliable and secure choice for media software deployments in data centers.Harmonic s VOS Media Software offers advanced video processing and delivery capabilities, empowering media companies to deliver high-quality, low-latency streaming experiences to their...
April 11, 2024
Filmocentro Enhances Playout Efficiency with Harmonic s Cloud SolutionsIn a recent press release, Harmonic (NASDAQ: HLIT) announced the successful implementation of its cloud-native VOS360 Media SaaS for Chilean media company, Filmocentro. The implementation was managed by Totaltel, a leading systems integration company. This collaboration brings unmatched efficiency and reliability to Filmocentro s playout operations, ensuring a seamless broadcasting experience for their viewers.Harmonic s VOS360 Media SaaS offers a comprehensive set of cloud-based tools and services that enable media companies to streamline their playout workflows. This innovative solution eliminates the need for on-premise infrastructure,...
Fabrinet's business model revolves around providing outsourced manufacturing and engineering services to various companies across industries. They specialize in the production of complex optical and electro-mechanical components, including precision optics, printed circuit boards, and system-level assemblies. Fabrinet leverages its global footprint and expertise to offer cost-effective solutions, rapid prototyping, and high-volume manufacturing capabilities to their clients.
Sphere Entertainment Co operates as a media production and distribution company, focusing on creating and distributing films, television series, and other forms of entertainment content worldwide, thereby generating revenue through licensing and distribution deals with various platforms and networks.
Sources:
Harmonic Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Harmonic Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
