Video Processing Platform Market 2024-2033 : Market Size, Top Segments, Leading Region Forecast | Akamai Technologies Inc., Imagine Communications Ltd., MediaKind Pvt. Ltd., Ateme S. A

"The new report published by The Business Research Company, titled ""Video Processing Platform Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the video processing platform market size has grown rapidly in recent years. It will grow from $7.8 billion in 2023 to $9.15 billion in 2024 at a compound annual growth rate (CAGR) of 17.3%. The video processing platform market size is expected to see rapid growth in the next few years. It will grow to $18.13 billion in 2028 at a compound annual growth rate (CAGR) of 18.6%.

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Growing Internet Users Drive Video Processing Platform Market
The increase in the number of internet users is expected to propel the growth of the video processing platform market over 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. For instance, according to the DataReportal report, internet users are growing at a 4.8% yearly rate, with an average of more than 600,000 new users added each day, in October 2021, 4.88 billion people around the world are reported to use the internet. Therefore, the increase in the number of internet users is contributing to the video processing platform market growth.

Technological Innovations Drive Video Processing Platform Market
Technological advancements are shaping the video processing platform market. 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.

The video processing platform market covered in this report is segmented -

1) By Component: Hardware, Platform, Services
2) By Deployment Type: Public Cloud, Private Cloud, Hybrid
3) By Application: Video Upload And Ingestion, Dynamic Ad Insertion, Video Transcoding And Processing, Video Hosting, Content Rendering, Other Applications
4) By Industry: Media And Entertainment, Defense, Government Or Homeland Security, Other Industries

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Major companies operating in the video processing platform market report are Akamai Technologies Inc., Imagine Communications Ltd., MediaKind Pvt. Ltd., Ateme S. A., Kaltura Inc., Vantrix Corporation, Amagi Corporation, Apriorit Inc., BASE Media Cloud, Blazeclan Technologies Pvt. Ltd., Pixel Power Ltd., InPixal, Surf Communications Solutions Ltd., KritiKal Solutions Inc., Morpho Inc., Amazon Web Services Inc., Apple Inc., Cisco Systems Inc., Google LLC, Netflix Inc., Brightcove Inc., Comcast Cable Communications Management LLC, Endavo Media & Communications Inc., Longtail Ad Solutions Inc., MediaMelon Inc., Ooyala Inc., Panopto Inc., SeaChange International, Harmonic Inc., Synamedia Inc., Avid Technology Inc., Evertz Technologies Limited, Edgio Inc., Sparkhouse, Casual Films Limited, Lemonlight Media, VeracityColab

Contents of the report:
1. Executive Summary
2. Video Processing Platform Market Report Structure
3. Video Processing Platform Market Trends And Strategies
4. Video Processing Platform Market - Macro Economic Scenario
5. Video Processing Platform Market Size And Growth
…..
27. Video Processing Platform Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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