SCOTTSDALE, AZ--(Marketwire - August 31, 2010) - Video decoding chips are becoming video decoding systems. Standalone video encoding chips have given way to highly programmable system-on-chip (SoC) devices, which are now expanding to include the radio and communication components around them. As the value of these chips increases through innovation and integration, MPEG IC revenue will grow to $4.5 billion by 2014, says In-Stat (www.in-stat.com).