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Video Streaming Software Market Size Projected to Reach USD 8 Billion at CAGR of 12.6%, By 2026

09-02-2021 04:02 PM CET | IT, New Media & Software

Press release from: Reports and Data

Video Streaming Software Market

Video Streaming Software Market

The major contributing factor for the growth of the market for Video Streaming Software can be the rise of a need for transcoding to deliver videos to a large number of end-users, which is the process of conversion from one digital encoding format to another, such as for movie data files.

Market Size – USD 3.5 billion in 2018, Market Growth - CAGR of 12.6%, Market Trends – Digitalized workplaces.

The Video Streaming Software market is expected to grow from USD 3.5 billion in 2018 to USD 8 billion by 2026, at a CAGR of 12.6% during the forecast period. The growth of mobile and broadband services, increase in data traffic, increase of video streaming in industries, majorly for video training purposes and the rise of a need for transcoding to deliver videos to a large number of end-users are some of the driving factors of the market. Some other factors contributing to the growth of Video Streaming Software market are the emergence of optimized network bandwidth, extensive adoption in SMEs, high growth in the education sector and increased use of AI and video analytics to understand customer behavior.

Network connectivity and technical difficulties involved in streaming, content creation expenses and security concerns regarding video content may restrain the growth of the video streaming software market.

Key players within Video Streaming Software market are Brightcove, Inc. (Boston, US), Haivision, Inc. (Montreal, Canada), IBM Corporation (New York, US), Kaltura, Inc. (New York, US), Kollective Technology, Inc. (Bend, US), Ooyala, Inc. (Santa Clara, US), Panopto (Pittsburgh, US), Polycom, Inc. (San Jose, US), Qumu Corporation (Minneapolis, US), Sonic Foundry, Inc. (Madison, US), VBrick (Herndon, US), and Wowza Media Systems, LLC (Colorado, US)

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Further key findings from the report suggest

• The Video Streaming Software market is segmented by deployment type into cloud and on-premises. The cloud segment is speculated to witness the highest growth of approx. CAGR of 12.9% during the forecast period, due to the demand for decreasing costs of equipment and the growth in cloud data adaptation.
• The video streaming software market is segmented by component into solutions and services. Transcoding and processing segment in solution is expected to witness highest growth CAGR of 13.3% during the forecast period, due to the adoption of cloud-based transcoding solutions, which can convert any type of uploaded video into various formats so that customers can receive high-quality videos.
• The video streaming software market is segmented by vertical into live streaming and video on demand streaming broadcasters, operators, and media, BFSI, education, healthcare, government, and others. Education segment is expected to witness highest growth CAGR of 13.5% during the forecast period since schools and colleges are extensively adopting video contents as a source of providing knowledge and learning.
• The Video Streaming Software Market is segmented geographically into North, America, Europe, Asia Pacific and Rest of the World. Since then, APAC has started adopting Video Streaming Software across multiple verticals, and rapid economic growth is expected to witness the highest growth in its CAGR 13.6% during the forecast period.

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/video-streaming-software-market

For this report, the market has been divided into segments on the basis of deployment type, components, verticals, and regional analysis.

Video Streaming Software Market by deployment type (Revenue, USD Million; 2018-2026)

Cloud
On-Premises

Video Streaming Software Market by components (Revenue, USD Million; 2018-2026)

Solutions
Transcoding and processing
Video management
Video delivery and distribution
Video analytics
Video security
Others
Services
Professional services
Managed services

Video Streaming Software Market, by verticals (Revenue, USD Million; 2018-2026)

Broadcasters, operators, and media
BFSI
Education
Healthcare
Government
Others

Video Streaming Software Market Regional Outlook (Revenue, USD Million; 2018-2026)

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

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Table of Content:
Highlights of the TOC:

Chapter 1. Market Synopsis
    1.1. Market Definition
    1.2. Research Scope & Premise
    1.3. Methodology
    1.4. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Video Streaming Software Market Segmentation & Impact Analysis
    4.1. Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
          4.2.3. Market restraints analysis
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. ETOP Analysis
    4.6. Porter’s Five Forces Analysis
    4.7. Competitive Metric Space Analysis
    4.8. Price trend Analysis
    4.9. Customer Mapping
Chapter 5. Competitive Landscape
    5.1. Market Revenue Share By Manufacturers
    5.2. Manufacturing Cost Breakdown Analysis
    5.3. Mergers & Acquisitions
    5.4. Market positioning
    5.5. Strategy Benchmarking
    5.6. Vendor Landscape

Continue……

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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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