The recent reshuffling in the codec world has boosted HEVC’s royalty revenues, according to Faultline’s sister service, Rethink TV. Its latest forecast, focused on the codec adoption timeline and associated device royalties, has attempted to shine light on a very secretive sector, and found a 2030 market worth some $2.4 billion. The full timeline is available on our website here, but as the preview image below conveys, there has been a spate of developments in the last couple of years, and a spate of activity in 2023. With IBC looming, there is a good chance one of these predictions is upended by a product announcement, but it is worth bearing in mind the latency between a launch and commercial availability.…