Video Streaming Software Market
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Video Streaming Software Market. The growth sectors of the Video Streaming Software Market are identified with precision for a better growth perspective.
As per the research by Market Research Future Reports MRFR), the global video streaming software market is estimated to value USD 9.57 billion and will expand at a CAGR of approximately 18% during the review period from 2017 to 2023.
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The global video streaming software market is estimated to experience robust growth during the review period due to the rising existence of cloud-based advancement and the rising adoption of artificial intelligence. Additionally, the increasing demand for video streaming software services across several end-users such as corporates with the aim of the training is bringing an impact on the growth of the global video streaming software market 2020. The expansion of the market is also accredited to the increased attention of the organization towards digital media marketing and the rising adoption of video streaming software services by the large organizations for the official travel packages.
Market Segmentation
The global video streaming software market is segregated on the basis of streaming, component, deployment, vertical and region.
On the basis of streaming, the global video streaming software market can be classified into video-on-demand streaming and live streaming.
On the basis of components, the global video streaming software market can be classified into service and solution. The component vertical is further sub-divided into managed service and professional service. The managed service vertical is likely to grow at a considerable rate during the review period. Increased demand for video streaming software from organizations is primarily affecting the growth of the video streaming software market. This is due to the better timeliness, low-cost, and availability of corporate communications.
On the basis of deployment, the global video streaming software market can be classified into on-premise and cloud.
On the basis of vertical, the global video streaming software market can be classified into healthcare, BFSI, media and entertainment, healthcare, education, government, and others.
Regional Analysis
The global video streaming software market has been analyzed for North America, Asia Pacific, Europe and the Rest of the World. The North American market is expected to acquire the largest share of the market. The U.S and Canada are leading the North America market owing to the increased technological advancements and increased adoption of artificial intelligence in the region. Additionally, the region consists of a well-established infrastructure that enables faster integration of advanced technologies. In addition to it, the increased adoption of social media is another crucial factor bringing an impact on the expansion of the video software market in the region.
The APAC region is estimated to expand at the fastest pace during the review period. The expansion of the market North market is accredited to technological development and an increase in the adoption of live video streaming software applications across the several verticals of industries.
Key Players
Some of the known entities in the global video streaming software market are Haivision, Inc. (Canada), Brightcove, Inc. (U.S.), IBM Corporation (U.S.), Kollective Technology, Inc. (U.S.), Kaltura, Inc. (U.S.), Panopto (U.S.), Polycom, Inc. (U.S.), Ooyala, Inc. (U.S.), Qumu Corporation (U.S.), VBrick (U.S.), Sonic Foundry, Inc. (U.S.), Wowza Media Systems and LLC (U.S.).
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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.
