Video streaming software is a software that structures an application as a collection of loosely coupled services which implement business capabilities. Each service runs in its own processes and communicates through well-defined APIs. They are focused on doing a small number of things very well and can be independently developed, tested, deployed and scaled. Services are processes operating "loosely coupled" communicating with each other. This enables horizontal scalability of the application, enabling developing and deploying changes independently without impacting the entire application.
The global Video streaming software Market is estimated to be valued at US$ 3.21 Bn in 2024 and is expected to exhibit a CAGR of 46% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Scalability was one of the major drivers for adoption of Video streaming enabling organizations to scale individual services independently based on traffic demands. As application complexity increases, monolithic architectures become difficult and costly to scale. Microservices allow flexibility to scale only parts of the application that require more resources.
Another key driver is independent development which allows development teams to focus on their specific service instead of the entire application. Services can be developed, tested and delivered independently without impacting the whole application. This has improved speed of delivery and innovation. Faster development cycles have been a key benefit leading to increased adoption of this architecture style.
SWOT Analysis
Strength: Video streaming software provides video content at scale in real time to viewers worldwide. It allows customers to live stream and broadcast live events remotely to large online audiences. The software enhances viewer experience through features like chapter marking, video quality options and subtitles.
Weakness: Video streaming requires high-speed consistent internet which may not be available everywhere. Live streaming exposes content to privacy and security risks if not managed properly. Encoding and transcoding live streams into different formats increases hardware costs.
Opportunity: Growing popularity of OTT platforms is spurring demand for live streaming services. Video streaming platforms are partnering with telecom operators for wide reach. Adoption of 5G networks will improve video streaming quality and user experience. Rising mobile users in developing regions present new customer segments.
Threats: Changing viewer preferences towards short-form watch-worthy clips pose threat to long-form streaming. Rise of free hosting platforms increases competition. Data regulations and privacy laws impose new compliance challenges.
Key Takeaways
The Global Video Streaming Software Market Growth is expected to witness high. Growing internet penetration and widespread usage of smartphones is driving the market.
Regional analysis related content comprises- North America accounts for the largest share of the market currently due to high-speed internet infrastructure and presence of major players. Asia Pacific is poised to grow at the fastest pace during the forecast period. Countries like India, China and Japan are digitalizing rapidly which is increasing adoption of video streaming platforms for edutainment and business communications.
Key players operating in the video streaming software market are Facebook, Inc. (Meta Platforms Inc), IBM Corporation, Integrate.ai Inc., Google LLC (Alphabet Inc.), H2O.ai, Inc., SAP SE, SAS Institute Inc., Microsoft Corporation, Pymetrics Inc., and FICO Inc. They are focusing on developing advanced AI capabilities for live captioning, video recommendations and personalized streaming experiences.
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It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2020-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the video streaming software market include Brightcove, Inc., HaiVision Systems, Inc., International Business Machines Corporation, Kaltura Inc., and Kollective Technology, Inc.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Video Streaming Software Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/video-streaming-software-market/download-sampleMarket DynamicsThe markets for video streaming software are subject to dynamic change.
Traditional television is being replaced by video on demand such as Amazon Prime and Netflix and Advertised-financed VoD like YouTube.
Video streaming is moving beyond the entertainment area into education and health care, enterprises, among other areas.
Health care providers have made advances in video usage, medical practitioners are using video conferencing to confer with patients who have difficulty coming to medical offices and have added numerous websites incorporate video and digital content into their offerings.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Video Streaming Software Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/video-streaming-software-market/download-sampleMarket DynamicsThe markets for video streaming software are subject to dynamic change.
Traditional television is being replaced by video on demand such as Amazon Prime and Netflix and Advertised-financed VoD like YouTube.
Video streaming is moving beyond the entertainment area into education and health care, enterprises, among other areas.
Health care providers have made advances in video usage, medical practitioners are using video conferencing to confer with patients who have difficulty coming to medical offices and have added numerous websites incorporate video and digital content into their offerings.
Owing to this growing trend, the overall market for video streaming software is displaying high dynamics.
Video streaming technology facilitates the transmission of video files with the help of streaming transcoders, streaming servers, and other related software, to provide uninterrupted videos to the viewers.
MarketsandMarkets expects the global video streaming software market size to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.2%.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=181135120Companies such as Brightcove, Inc., Haivision, Inc., IBM Corporation, Kaltura, Inc., Kollective Technology, Inc., Ooyala, Inc., Panopto, Polycom, Inc., Qumu Corporation, Sonic Foundry, Inc., VBrick, and Wowza Media Systems, LLC have created leading video streaming software and platforms to cater to the needs and demands of the video streaming software market.
These players have adopted various growth strategies, such as acquisitions, agreements, partnerships, and new product launches.The key market players are entering into collaborations and partnerships to provide innovative offerings and increase profitability.
For instance, IBM Corporation adopted the strategies of partnerships, acquisitions, and new product launches.
In April 2016, IBM partnered with the CBC, Canada’s national public broadcaster, to deploy its Cloud Video Clearleap platform, which will enable CBC to provide next-generation, ad-supported streaming video services to Canadian customersWowza Media Systems adopted the strategies of partnerships, new product launches, and product upgradations to expand its market presence.
In April 2017, Wowza released new updates of its Wowza Streaming Engine (version 4.7) and Wowza Streaming Cloud Service.
Video Streaming Software MarketData Bridge Market research presents the top quality and comprehensive Video Streaming Software Market research report which provides clear insights into market dynamics and prospects the whole market including global production, revenue forecast, value and volume.
The detailed information of the existed industries is the first acquired by the dedicated team to provide exact and accurate data of the market.Global video streaming software market is set to witness a healthy CAGR of 19.50% in the forecast period of 2019 to 2026.
The report contains data of the base year 2018 and historic year 2017Grab Sample Report + All Related Tables & Charts of Global Video Streaming Software Market Study Now @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-video-streaming-software-marketMarket Definition: Global Video Streaming Software MarketVideo streaming software is software designed specifically for transferring documents to customers using Internet.
The size of each data stream relies on different variables such as the actual size of the file, speed of the bandwidth and latency of the networkVideo Streaming Software Market Scope and Market SizeGlobal Video Streaming Software Market By Solution (Transcoding and Processing, Video Management, Video Delivery and Distribution, Video Analytics, Video Security, Others)Service (Professional Services, Managed Services)Streaming Type (Live Streaming, Video on Demand Streaming, Video Streaming Software Agencies, Direct Travel Suppliers)Deployment Type (Cloud, On-Premises), Vertical (Broadcasters, Operators, Media, BFSI, Education, Healthcare, Government, Others)Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)Top Manufacturers Profiles Operating in the Video Streaming Software Market: Few of the major competitors currently working in the global video streaming software market are Brightcove Inc., IBM Corporation, Kollective Technology, Inc., Ooyala, Inc., Panopto, Plantronics, Inc., Qumu Enterprise Video, Sonic Foundry, Vbrick, Wowza Media Systems, LLC, Vimeo, Inc., Muvi LLC, Plantronics, Inc., Apple Inc., Microsoft, Twitch Interactive, Inc., Southern Cross Media Group Limited, StudioCoast Pty Ltd., Telestream, LLC, Haivision among others.Competitive AnalysisGlobal video streaming software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
It is the companies first broadcast offering.
The concept is to make it simpler for fresh streamers to begin on Twitch and, of course, to get more individuals into it.In March 2017, Brightcove Inc. has partnered with Southern Cross Austereo.
