The Video Streaming Software market size is expected to grow from USD 11.0 billion in 2023 to USD 25.5 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period. The growing need for transcoding to deliver videos to maximum end users ,increase in demand for high-quality videos, surge in demand for multiscreen have driven the market growth.
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Over-The-Top (OTT) to capture a large market share during the forecast period
The video streaming software market, by delivery channel, include es Pay-TV, Internet Protocol TV (IPTV), and Over-The-Top (OTT). The Over-The-Top (OTT) is projected to lead the market as have become increasingly popular in recent years, as more consumers turn to streaming services for their entertainment needs. The growth of OTT has led to a shift in the media landscape, with traditional broadcasters and cable providers struggling to keep up with the demands of viewers who want to access content on their own terms. OTT services are accessed through a wide range of devices, including smart TVs, smartphones, tablets, and gaming consoles, making it a flexible and convenient way for viewers to access content. Examples of popular OTT services include Netflix, Hulu, Amazon Prime Video, Disney+, and YouTube. One of the key advantages of OTT delivery channels is that they allow content providers to reach a global audience without the need for costly infrastructure, such as satellite or cable networks. This has led to a proliferation of niche content providers and increased competition in the media landscape.
Subscription-based monetization model to capture a large market share during forecast period
The video streaming software market has been segmented on the basis of monetization model into subscription-based, advertising-based, and transaction-based. A monetization model is a business strategy that outlines how a company will generate revenue from its products or services. It describes the specific ways in which a company plans to make money, and often includes details about pricing, distribution channels, and target markets. The Subscription-based is projected to lead the market as this model provides businesses with a direct line of revenue from consumers without having to consult or sell to advertisers. Subscription pricing strategies can be made according to functionality, discounted to motivate bulk purchases, metered according to usage levels, or optimized to reward loyalty. A subscription-based monetization model in video streaming involves charging users a recurring fee for access to a platform's content. The subscription fee is typically charged on a monthly or yearly basis and gives users unlimited access to the platform's content library. Users can stream videos, movies, TV shows, and other types of content on-demand without any additional fees. The subscription-based model provides a predictable source of revenue for video streaming services and encourages them to invest in creating high-quality content to attract and retain subscribers.
North America segment to capture a large market share during the forecast period
The Video Streaming Software market has been segmented by region into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. As per region, North America is estimated to account for the largest market share in the global Video Streaming Software market in 2023, and this trend is expected to continue during the forecast period. North America is the region with the most established video streaming software adoption due to a number of factors, including the existence of large enterprises with sophisticated IT infrastructure and the availability of technical expertise. North America is expected to encourage market growth, as large enterprises and SMEs focus on developing innovative video streaming solutions integrated with technological advancements, such as video analytics, AI, and ML. North America's two largest contributors to the video streaming software market are the US and Canada. The trend is expected to persist during the forecasting period. It is a region with strict regulations for a number of economic sectors and advanced technology.
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Some of the major vendors offering video streaming software across the globe include IBM (US), Kaltura (US), Brightcove, (US), Agile Content (Spain), Haivision (US), Vimeo (US), Panopto (US), VBrick (US), Edgio (US), Akamai (US), Sonic Foundry (US), and Qumu(US).
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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.
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.
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 software 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=181135120Companies 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.
In April 2017, Wowza released new updates of its Wowza Streaming Engine (version 4.7) and Wowza Streaming Cloud Service.
Video Streaming Software MarketData Bridge Market research presents the top quality and comprehensive Video Streaming Software Market research report which provides clear insights into market dynamics and prospects the whole market including global production, revenue forecast, value and volume.
The detailed information of the existed industries is the first acquired by the dedicated team to provide exact and accurate data of the market.Global video streaming software market is set to witness a healthy CAGR of 19.50% in the forecast period of 2019 to 2026.
The report contains data of the base year 2018 and historic year 2017Grab Sample Report + All Related Tables & Charts of Global Video Streaming Software Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-video-streaming-software-marketMarket Definition: Global Video Streaming Software MarketVideo streaming software is software designed specifically for transferring documents to customers using Internet.
The size of each data stream relies on different variables such as the actual size of the file, speed of the bandwidth and latency of the networkVideo Streaming Software Market Scope and Market SizeGlobal Video Streaming Software Market By Solution (Transcoding and Processing, Video Management, Video Delivery and Distribution, Video Analytics, Video Security, Others)Service (Professional Services, Managed Services)Streaming Type (Live Streaming, Video on Demand Streaming, Video Streaming Software Agencies, Direct Travel Suppliers)Deployment Type (Cloud, On-Premises), Vertical (Broadcasters, Operators, Media, BFSI, Education, Healthcare, Government, Others)Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)Top Manufacturers Profiles Operating in the Video Streaming Software Market: Few of the major competitors currently working in the global video streaming software market are Brightcove Inc., IBM Corporation, Kollective Technology, Inc., Ooyala, Inc., Panopto, Plantronics, Inc., Qumu Enterprise Video, Sonic Foundry, Vbrick, Wowza Media Systems, LLC, Vimeo, Inc., Muvi LLC, Plantronics, Inc., Apple Inc., Microsoft, Twitch Interactive, Inc., Southern Cross Media Group Limited, StudioCoast Pty Ltd., Telestream, LLC, Haivision among others.Competitive AnalysisGlobal video streaming software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
It is the companies first broadcast offering.
The concept is to make it simpler for fresh streamers to begin on Twitch and, of course, to get more individuals into it.In March 2017, Brightcove Inc. has partnered with Southern Cross Austereo.
Video Streaming Software MarketMarket 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.
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 HighlightsThe 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.
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 AnalysisBased 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.
