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Global Video Processing Platform Market 2023 Technology Scouting, Opportunity Assessment, Key Drivers And Key Players Analysis Till 2032 | Akamai Technologies, Imagine Communications, MediaKind, Ateme S.A., Kaltura Inc
Video Processing Platform Market
The Business Research Company's Video Processing Platform Global Market Report 2023 identifies increase in the number of internet users as the major driver for the Video Processing Platform Market's growth in the forecast period. The internet plays a crucial role in people's lives today as a large portion of the population's lives are immersed in digital technology. A cloud-based video processing platform is a technology that provides video service operators with standardized features and numerous monetization approaches. These systems also aid in the integration of video-on-demand, multiscreen video infrastructure, television abilities, and formats.
The global video processing platform market size will grow from $6.83 billion in 2022 to $8.09 billion in 2023, at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the video processing platform is expected to grow to $15.93 billion in 2027 at a CAGR of 18.4%.
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Major competitors in the video processing platform market are Akamai Technologies, Imagine Communications, MediaKind, Ateme S.A., Kaltura Inc., Vantrix Corporation, Amagi, Apriorit, BASE Media Cloud, Blazeclan Technologies, Pixel Power Ltd., InPixal, Surf Communications Solutions Ltd., KritiKal Solutions Inc., and Morpho Inc.
A key trend in the Video Processing Platform Market includes technological advancement. Key players operating in the video processing platform solutions market are focusing on developing advanced technological solutions to strengthen their position in the market. For instance, in June 2021, MediaKind, an India-based media technology solutions company, launched MediaKind Engage based on cloud-native technology. MediaKind Engage is a brand-new end-to-end direct-to-consumer (DTC) video contribution, creation, broadcasting, and audience interaction solution. The solution allows sports organizations, broadcasters, and content owners to manage a smooth transition to cloud-based processes while also increasing the reach, scope, and dependability of their video streaming content to a global audience.
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The Video Processing Platform Market is segmented -
By Component: Hardware, Platform, Services
By Deployment Type: Public Cloud, Private Cloud, Hybrid
By Application: Video Upload And Ingestion, Dynamic Ad Insertion, Video Transcoding And Processing, Video Hosting, Content Rendering, Other Applications
By Industry: Media And Entertainment, Defense, Government Or Homeland Security, Other Industries
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Video Processing Platform Market.
The Business Research Company's "Global Video Processing Platform Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Video Processing Platform Market Include:
1. Executive Summary
2. Video Processing Platform Market Characteristics
3. Video Processing Platform Market Trends And Strategies
4. Video Processing Platform Market - Macro Economic Scenario
5. Video Processing Platform Market Size And Growth
……
26. Africa Video Processing Platform Market
27. Video Processing Platform Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video Processing Platform Market
29. Video Processing Platform Market Future Outlook and Potential Analysis
30. Appendix
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