The Emergence of Video Streaming
By the late 2000s, improvements in digital technology and internet connectivity made video streaming a viable option for media consumption. Whereas online video was previously limited to short clips, streaming video allowed full-length movies and TV shows to be watched over the internet. Two major developments enabled this transition. First, broadband internet became widely available, providing the bandwidth needed to smoothly stream high-definition video. Second, media companies began offering their content via streaming services, recognizing it as a new distribution channel. Some early pioneers included Netflix, Hulu, and YouTube.
Initially, video streaming was done through web browsers using plug-ins like Adobe Flash Player or Microsoft Silverlight. However, dedicated streaming software applications soon emerged to offer a more optimized viewing experience. These programs focused on media playback, user interfaces tailored for video, playback across multiple devices, and social features. Major software vendors launched offerings such as VLC, Kodi, and Plex to capitalize on the growing market. Meanwhile, the media companies themselves developed proprietary streaming apps for their subscription services. By the late 2010s, video streaming had become the predominant way people consumed media content on the internet and streaming apps were commonplace on devices.
Evolution of Key Streaming Software
Several Video Streaming Software applications emerged as leaders and evolved significantly to meet the changing demands of users and media companies. VLC, developed as an open-source project in 1996, transitioned into a full-fledged media player and established itself as one of the most popular free video streaming programs. It supported a wide array of formats and could playback video from local drives and network locations. Kodi, which began as the XBMC media center, focused on organizing libraries of self-hosted media content and provided robust streaming and playback features. With its customizable interface, it offered a Netflix-like experience for personal video collections.
Plex was launched in 2008 with a mission to build a unified system for accessing media libraries across multiple devices using a cloud-based backend. It indexed files from computers and network drives to create organized libraries that were remotely accessible. Both Kodi and Plex supported extensions that could integrate streaming channels from various external sources. Meanwhile, Netflix transitioned from DVD rentals to become the dominant force in subscription video streaming. By 2020, its platform offered thousands of professionally produced movies and shows with a slick interface optimized for binge watching. Other major services like Disney+, Amazon Prime Video, Hulu and HBO Max soon followed with large libraries of proprietary content.
Factors Driving Widespread Adoption
A few key factors enabled the massive success and ubiquity of video streaming apps in the 2010s:
Connectivity & Mobile Devices: Rapid advances in internet speeds and widespread adoption of smartphones made video streaming convenient and accessible anywhere. This untethered people from stationary screens and viewing locations.
Multi-Device Support: All major streaming software added support for multiple platforms simultaneously - smart TVs, gaming consoles, streaming sticks in addition to mobile and desktop. This ensured seamless viewing experience across devices within home networks.
Personalization & Recommendations: Sophisticated algorithms were incorporated to analyze viewing habits and provide personalized content suggestions tailored for each user's tastes. This helped drive content discovery and increased viewing time.
Original & Exclusive Content: Companies doubled down on producing original TV shows and movies exclusively for their platforms. Popular franchises like Stranger Things and The Mandalorian turned streaming services into must-have destinations.
Pricing & Bundling: Affordable monthly subscription prices and bundled offers with other services like cell phone plans made streaming universally affordable as an entertainment option.
As a result of these factors, video streaming became the most popular entertainment medium within a decade of emerging from its infancy. Accessible on-demand content supported by advanced software revolutionized how people consumed media worldwide. The ascent and popularity of streaming reshaped entertainment business models as well.
Get More Insights On This Topic: Video Streaming Software
Explore More Related Topic: Myopia Control Lenses Market
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.
