Video Streaming Software Industry Emerging Audience, Segments, Sales, Profits, Analysis, Size and Statistics | Coronavirus Effects
Market Highlights
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.
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.
The transcoding and processing solution sub-division of
the global video streaming software market is estimated to acquire the maximum
market share of the market. The video analytics solutions vertical is estimated
to expand at the maximum pace during the forecast period due to the increasing
deployment of video analytics to attain an end-to-end view of the video
performance from the server to the network and then finally to the players. Moreover,
the increasing trend of on-demand video streaming software is one of the most
crucial factors driving the expansion of the video streaming software market.
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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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Video
Streaming Software Market Research Report: Information by Component
(Transcoding & Processing, Video Management, Video Delivery &
Distribution, Video Security), Streaming Type (Live, Video-On-Demand),
Deployment, Vertical – Forecast till 2023
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