logo
logo
Sign in

Video Streaming Software Market Report Growth To Surge as Focus on Customer Satisfaction Intensifies

avatar
Market News-Flash
Video Streaming Software Market Report Growth To Surge as Focus on Customer Satisfaction Intensifies

Video Streaming Software Market Report

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.

Video Streaming Software Market Segmentation

The global video streaming software market is segmented on the basis of the component, streaming type, deployment and vertical. However, the component segment is classified into solution and service. The service segment is further classified into professional services and managed services. The managed services segment is expected to grow at a significant rate during the forecast period. Increasing adoption of video streaming software from enterprises is majorly driving the growth of video streaming software market. This is owing to the improved timeliness and lesser costs and availability of corporate communications.

Some of the prominent players in the global video streaming software 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.

More Information@

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]

collect
0
avatar
Market News-Flash
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more