Video Streaming Software Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Solution (Transcoding and Processing, Video Delivery and Distribution, Video Management, Video Security, Video Analytics, Others), By Mode (Internet Protocol TV (IPTV), Over the Top (OTT), Pay-TV), By Streaming (Live Video Streaming, Non-Linear Video Streaming),By Platform (Lap

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format

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Video Streaming Software Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Solution (Transcoding and Processing, Video Delivery and Distribution, Video Management, Video Security, Video Analytics, Others), By Mode (Internet Protocol TV (IPTV), Over the Top (OTT), Pay-TV), By Streaming (Live Video Streaming, Non-Linear Video Streaming),By Platform (Lap

Global Video Streaming Software Market is predicted to thrive during the forecast period 2024- 2028, owing to the rising popularity of video streaming, smart phone adoption, and online services. The growing demand for specialized processing to distribute videos to the greatest possible number of end users is also boosting the growth of the global video streaming software market. The market for video streaming software has benefited from the COVID-19 pandemic. Since most people were at home, they required additional security and health safety compliances have led to higher Video and OTT subscription rates.

Rise in Demand for on Demand Streaming and Rapid Growth of Online Video Streaming is Fueling the Market Growth

Globally, there is a sharp rise in the consumption of digital media. High speed internet speeds and the rising demand for devices that can support digital media are enabling users to access media material anywhere in the world. The transition from traditional to digital media has significantly increased media consumption in the U.S. As an illustration, the rise of digital media providers like Amazon, Netflix, Apple TV, and Hulu, among others, is posing a threat to traditional television as the primary entertainment medium.

High-Speed Internet Connectivity Is in High Demand, which is Driving the Market Growth

Growing adoption of smartphones with high-speed internet technologies like 3G, 4G, and LTE has increased data usage and boosted the creation of on-demand content services like gaming and real-time entertainment, among other things. Easy access to video content has been made possible by internet connectivity, including Facebook, FaceTime, Google Hangouts, and Skype. The convenience and easy access to video content offered by video streaming services is anticipated to accelerate industry expansion. Therefore, the market for video streaming software is expanding due to the rising need for high-speed internet connectivity.

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Market Segmentation

Recent Advancements

In August 2020, Vidyard announced the release of its video collaboration and communication capabilities for Android, which are now accessible to 1.6 billion daily active users, as well as a free outgrowth for Microsoft Edge users. Multiple business professionals can use this to record and share conference summaries, team alerts, videos of new products, and other operations directly from their detectors.


MIR Segment1

Company Profiles

Brightcove Inc., International Business Machine Corporation (IBM Cloud Video), Kollective Technology, Inc., Ooyala, Inc., Plantronics, Inc., Vimeo, Inc., Muvi LLC, Wowza Media Systems, LLC, Apple Inc., Microsoft Corporation, are among the major players that are driving the growth of the global video streaming software market.

Attribute

Details

Base Year

2022

Historical Years

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Solution

By Mode

By Streaming

By Platform

By Service Type

By Revenue Model

By Deployment

By End User

By Region

Regional Scope

North America, Asia-Pacific, Europe, Middle East & Africa and South America

Country Scope

United States, Canada, Mexico, China, Japan, India, Australia, South Korea, United Kingdom, Germany, France, Spain, Italy, Israel, Turkey, Saudi Arabia, UAE, South Africa, Brazil, Argentina, Colombia

Key Companies Profiled

Brightcove Inc., International Business Machine Corporation (IBM Cloud Video), Kollective Technology, Inc., Ooyala, Inc., Plantronics, Inc., Vimeo, Inc., Muvi LLC, Wowza Media Systems, LLC, Apple Inc., Microsoft Corporation

Customization Scope

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