Video Streaming Software Market Size And Trend Analysis By Application, By Region And Segment Forecast 2018 – 2026
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.
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.
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.
- 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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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
- US
- Europe
- Germany
- France
- UK
- Asia
Pacific
- China
- Japan
- India
- Middle
East & Africa
- Latin
America
- Brazil
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