Video Streaming Software Market
Market Research Future (MRFR) in its latest report on the global video streaming software market mentions, customers relish uninterrupted video along with other factors is likely to cast a powerful impact on its growth. MRFR asserts that the global video streaming software market can register a substantial CAGR of 18% between 2017 and 2023. Additionally, MRFR also states that the global video streaming software market can touch a lucrative valuation of approximately USD 9.57 billion by 2023.
Market Highlights
The global video streaming software market is expected to exhibit a fast-paced growth over the forecast period due to the technical advancements such as cloud-based technologies and artificial intelligence. Furthermore, the growing demand for video streaming software services in corporate companies, especially for training purposes is anticipated to drive the growth of the global video streaming software market. Video streaming software eliminates the need for extra storage devices. Hence, as the easy availability of customers to avail video, over good internet connectivity is anticipated to spur the growth of the video streaming software market. Advantages such as video selection and scheduling your customers watch list are other factors that can augment the video streaming software market growth.
Regional Analysis
Based on the region, the global video streaming software market has been studied across North America, Asia Pacific, Europe, and the Rest of the World (RoW).
North America is anticipated to demonstrate an appreciable growth and secure the largest share in the video streaming software market over the forecast period. The United States and Canada are the regional segment of the North American video streaming software market, which are likely to exhibit an impressive growth due to the existence of large number of renowned market players. The sustainable economies of the North American region are significantly contributing to the establishment of firm infrastructure, encouraging the high adoption of video streaming software. This is likely to augment the growth of the video streaming software market. Furthermore, the implementation of video analytics and artificial intelligence to obtain a better understanding of customer behaviour is also likely to surge the regional video streaming software market.
In the Asia Pacific region, the inclination of business organization towards digital promotion and the feasibility in network connectivity are likely to reinforce the APAC video streaming software market growth in the near future. Additionally, the increase in adoption of video streaming software by prominent companies are likely to escalate the growth of the regional video streaming software market.
Key Players
Some of the key players in the market: Brightcove, Inc. (U.S.), Haivision, Inc. (Canada), IBM Corporation (U.S.), Kaltura, Inc. (U.S.), Kollective Technology, Inc. (U.S.), Ooyala, Inc. (U.S.), Panopto (U.S.), Polycom, Inc. (U.S.), Qumu Corporation (U.S.), Sonic Foundry, Inc. (U.S.), VBrick (U.S.), and Wowza Media Systems, LLC (U.S.) among others.
The video on-demand streaming sub-segment is expected to hold the largest share of the video streaming software market owing to the increasing demand for the same from large and medium enterprises. Moreover, the market is witnessing a considerable growth in the demand for video streaming with increasing adoption of social media and digital media marketing. Increasing need for transcoding to deliver videos to a large number of end users is one major factor driving the growth of video streaming software market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Video Streaming Software Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/video-streaming-software-market/download-sampleMarket DynamicsThe markets for video streaming software are subject to dynamic change.
Traditional television is being replaced by video on demand such as Amazon Prime and Netflix and Advertised-financed VoD like YouTube.
Video streaming is moving beyond the entertainment area into education and health care, enterprises, among other areas.
Health care providers have made advances in video usage, medical practitioners are using video conferencing to confer with patients who have difficulty coming to medical offices and have added numerous websites incorporate video and digital content into their offerings.
Owing to this growing trend, the overall market for video streaming software is displaying high dynamics.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the video streaming software market include Brightcove, Inc., HaiVision Systems, Inc., International Business Machines Corporation, Kaltura Inc., and Kollective Technology, Inc.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Video Streaming Software Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/video-streaming-software-market/download-sampleMarket DynamicsThe markets for video streaming software are subject to dynamic change.
Traditional television is being replaced by video on demand such as Amazon Prime and Netflix and Advertised-financed VoD like YouTube.
Video streaming is moving beyond the entertainment area into education and health care, enterprises, among other areas.
Health care providers have made advances in video usage, medical practitioners are using video conferencing to confer with patients who have difficulty coming to medical offices and have added numerous websites incorporate video and digital content into their offerings.
Video streaming technology facilitates the transmission of video files with the help of streaming transcoders, streaming servers, and other related software, to provide uninterrupted videos to the viewers.
MarketsandMarkets expects the global video streaming market size to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.2%.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181135120The key forces driving the video streaming market include the increasing traction of Video-as-a-Service (VaaS) in enterprises due to lower cost of ownership, extensive growth of online videos, and the growing needs for on-demand video streaming services.
Moreover, with the subsequent increase in the adoption rate of cloud-based video streaming software solutions and network bandwidth optimization, the video streaming market is expected to gain a major traction during the forecast period.Companies such as Brightcove, Inc., Haivision, Inc., IBM Corporation, Kaltura, Inc., Kollective Technology, Inc., Ooyala, Inc., Panopto, Polycom, Inc., Qumu Corporation, Sonic Foundry, Inc., VBrick, and Wowza Media Systems, LLC have created leading video streaming software and platforms to cater to the needs and demands of the video streaming software market.
These players have adopted various growth strategies, such as acquisitions, agreements, partnerships, and new product launches.The key market players are entering into collaborations and partnerships to provide innovative offerings and increase profitability.
For instance, IBM Corporation adopted the strategies of partnerships, acquisitions, and new product launches.
In April 2016, IBM partnered with the CBC, Canada’s national public broadcaster, to deploy its Cloud Video Clearleap platform, which will enable CBC to provide next-generation, ad-supported streaming video services to Canadian customersWowza Media Systems adopted the strategies of partnerships, new product launches, and product upgradations to expand its market presence.
