Global video streaming software industry expected to reach $18 billion by 2027

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Dublin, March 31, 2022 (GLOBE NEWSWIRE) — The “Global Video Streaming Software Market By Component, By Deployment, By Streaming Type, By End User, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” report has been added to from ResearchAndMarkets.com offer.

The global video streaming software market size is expected to reach USD 18.09 billion by 2027, with the market growing at 15.9% CAGR during the forecast period.

Video streaming is defined as the constant transmission of different video files from a server to a viewer. Through this process, users don’t need to download videos and can just watch videos online. This streaming video content can range from movies, TV shows, and live streamed content. Some of the major platforms that offer streaming videos to their subscribers are Hulu and Netflix.

High smartphone penetration and growing population of internet users across the globe are estimated to propel the growth of the video streaming software market over the forecast period. Additionally, technological advancements in the digital media sector are expected to further fuel the growth of the video streaming software market over the forecast period.

Additionally, the acceptance of video content for educational purposes has increased due to a substantial increase in consumption and ease of accessing video content due to the massive penetration of smartphones and the high availability of Internet.

Massive deployment of digital media across several industries has resulted in increased viewer preference for various streaming solutions and services, thereby providing new growth avenues for players operating in the video streaming software market.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic has impacted various aspects of business. The video streaming software market is positively impacted by the pandemic. There are several restrictions and regulations imposed on people as well as businesses including travel ban, lockdown and social distancing which have encouraged people to better engage in the virtual world through videos. The lockdown increased demand for more video content and boosted the popularity of VoD and OTT subscriptions as people were forced to stay at home.

Along with this, several business organizations and enterprises have also embraced working from home which has compelled them to use video streaming as a communication model for business continuity and thus increased the demand for video streaming software in the market .

Market Growth Factors:

Growing penetration of Internet users and smartphones

Growing population of smartphone users and high internet penetration are some of the major aspects of increasing number of online users. This is expected to further increase the demand for real-time video services, which is expected to open up new growth avenues for the video streaming software market over the forecast period. The number of smartphone users will constantly increase in the coming years, which is expected to accelerate the growth of the video streaming software market over the forecast period. Additionally, the consumption of video content has increased across the globe which is expected to accelerate the growth of the market.

The growing popularity of OTT platforms

The growing popularity of OTT platforms like Netflix and Amazon Prime across the globe is estimated to increase the growth of the video streaming software market over the forecast period. Moreover, the growing demand for high quality video content by the audience is encouraging these platforms to introduce better video content in their platform and hence fueling the growth of the video streaming software market over the forecast period.

Marketing Restriction Factor:

The Huge Cost of Content Creation and Growing Concerns About Content Piracy

There is an increase in the demand for more exclusive video content, which encourages companies to invest more in the different phases of the video streaming process to improve their video creation process. One of the main challenges faced by video content creators is having their video content duplicated across many regions and different industry verticals. These types of issues add up to the total cost of content for organizations. Piracy of video content is very high in the world which is expected to hamper the demand for video streaming software globally.

Component Perspectives

The video streaming software market is fragmented into services and solutions. The solutions segment is expected to acquire the highest market share during the forecast period. By adopting video streaming solutions, businesses are able to better manage, centralize, and securely deliver video. Additionally, video streaming solutions help manage all activities, from recording to ingest to final delivery, on end-user devices.

Outlook deployment type

The video streaming software market is segmented into on-premises and cloud-based. The cloud deployment segment is estimated to show a promising growth rate during the forecast period. Indeed, cloud-based video streaming platforms offer many advantages, such as easy deployment, low operational expenses, scalability, and simple collaboration.

End User Perspectives

The video streaming software market is fragmented into media & entertainment, BFSI, university & education, healthcare, government, and other verticals. Among all, the universities and education segment is expected to show the highest growth rate during the forecast period.

Regional outlook

Video Streaming Software Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is estimated to show the highest growth rate during the forecast period. This is due to the improvement of the technological infrastructure of this region. As emerging countries are keen to use video streaming platforms to improve and simplify their business processes, the demand for these video solutions is expected to increase in this region.

Cardinal Matrix – Video Streaming Software Market Competitive Analysis

The major strategies followed by market players are product launches. Based on the analysis presented in the cardinal matrix; IBM Corporation is the forerunner in the video streaming software market. Companies such as Haivision Systems, Inc., Brightcove, Inc., etc. are among the leading innovators in the market.

The market research report covers the analysis of major market players. Key companies profiled in the report are IBM Corporation, Brightcove, Inc., Panopto, Inc., Kaltura, Inc., Vimeo.com, Inc. (IAC Group), Qumu Corporation, Haivision Systems Inc., Sonic Foundry, Inc. , Plantronics, Inc. (Polycom, Inc.) and Vbrick Systems, Inc.

Main topics covered:

Chapter 1. Market Scope and Methodology

Chapter 2. Market Overview
2.1 Presentation
2.1.1 Presentation
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market constraints

Chapter 3. Competitive Analysis – Global
3.1 Cardinal matrix
3.2 Recent Industry-Wide Strategic Developments
3.2.1 Partnerships, collaborations and agreements
3.2.2 Product launches and product extensions
3.2.3 Acquisitions and mergers
3.2.4 Geographic expansions
3.3 Main winning strategies
3.3.1 Key Primary Strategies: Percentage Breakdown (2017-2021)
3.3.2 Key Strategic Movement: (Product Launches and Product Extensions: 2017, Jun – 2021, Jun) Key Players

Chapter 4. Global Video Streaming Software Market by Component
4.1 Global Solutions Market by Region
4.2 Global Solution by Type
4.2.1 Global Video Management Software Market by Region
4.2.2 Global Transcoding and Processing Market by Region
4.2.3 Global Video Distribution Market by Region
4.2.4 Global Video Security Market by Region
4.2.5 Global Other Types of Solutions Market by Region
4.3 Global Services Market by Region

Chapter 5. Global Video Streaming Software Market by Deployment Type
5.1 Global On-premises Market by Region
5.2 Global Cloud Market by Region

Chapter 6. Global Video Streaming Software Market by Streaming Type
6.1 Global Video On Demand by Region
6.2 Global Live Streaming Market by Region

Chapter 7. Global Video Streaming Software Market by End User
7.1 Global Media and Entertainment Market by Region
7.2 Global Universities & Education Market by Region
7.3 Global BFSI Software Market by Region
7.4 Global Healthcare Market by Region
7.5 Global Government and Public Sector Market by Region
7.6 Global Others Market by Region

Chapter 8. Global Video Streaming Software Market by Region

Chapter 9. Business Profiles
9.1 IBM Corporation
9.1.5 Strategies and recent developments:
9.1.5.1 Product launches and product extensions:
9.2 Brightcove, Inc.
9.2.5.3 Product launches and product extensions:
9.2.5.4 Geographic extensions:
9.3 Panopto, Inc.
9.3.2.2 Acquisitions and mergers:
9.4 Kaltura, Inc.
9.5 Vimeo.com, Inc. (IAC Group)
9.5.1 Company Overview
9.5.2 Strategies and recent developments:
9.5.2.1 Partnerships, collaborations and agreements:
9.5.2.2 Acquisition and Merger:
9.6 Qumu Society
9.6.1 Company Overview
9.6.2 Financial analysis
9.6.3 Regional Analysis
9.6.4 Research and development costs
9.6.5 Recent Strategies and Developments:
9.6.5.1 Partnerships, collaborations and agreements:
9.6.5.2 Product launches and product extensions:
9.7 Haivision Systems Inc.
9.7.1 Company Overview
9.7.2 Strategies and recent developments:
9.7.2.1 Partnerships, collaborations and agreements:
9.7.2.2 Product launches and product extensions:
9.7.2.3 Acquisition and merger:
9.8 Sonic Foundry Inc.
9.8.1 Company Overview
9.8.2 Financial analysis
9.8.3 Sectoral and regional analysis
9.8.4 Research and development costs
9.8.5 Recent Strategies and Developments:
9.8.5.1 Product launches and product extensions:
9.9 Plantronics, Inc. (Polycom, Inc.)
9.9.1 Company overview
9.9.2 Financial analysis
9.9.3 Sectoral and regional analysis
9.9.4 Research and development costs
9.9.5 Strategies and recent developments:
9.9.5.1 Partnerships, collaborations and agreements:
9.10 Vbrick Systems, Inc.
9.10.1 Company Overview
9.10.2 Strategies and recent developments:
9.10.2.1 Product launches and product extensions:

For more information on this report, visit https://www.researchandmarkets.com/r/du5gwz

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