Industry Background:
Video broadcasting software is software designed specifically for transferring documents to customers using the Internet. Consumers need not wait to download the file and then playing it, the software prevents this process. The growing need for transcoding to deliver videos to maximum end-users and the Surging grip of Video as a Service (VaaS) in enterprises drives the market growth. In addition, the high adoption of video as services owing to its low-cost service in emerging countries is a major factor anticipated to fuel the growth of the global video broadcasting software market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Brightcove Inc. (United States), Haivision Inc. (Canada), IBM Corporation (United States), Kaltura, Inc. (United States), Kollective Technology Inc., (Kontiki) (United States), Ooyala Inc. (United States), Panopto Inc. (United States), Polycom Inc. (United States) and Qumu Corporation (United States) |
This growth is primarily driven by Increasing Need for Transcoding to Deliver Videos to A Large Number of End Users and Increasing Traction of Video-As-A-Service (VaaS) in Enterprises Due to the Lower Total Cost of Ownership.
Globally, a noticeable market trend is evident Extensive Use of Videos in Corporate Training
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Brightcove Inc. (United States), Haivision Inc. (Canada), IBM Corporation (United States), Kaltura, Inc. (United States), Kollective Technology Inc., (Kontiki) (United States), Ooyala Inc. (United States), Panopto Inc. (United States), Polycom Inc. (United States) and Qumu Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In August 2019, Twitch has launched its own video streaming software. It is the companies first broadcast offering. While the platform is the largest player in the live streaming room around it, its broadcasters from the most prominent makers to the lowest streamers all depends on third-party software to get their streams to spectators. The concept is to make it simpler for fresh streamers to begin on Twitch and, of course, to get more individuals into it.
Influencing Trend:
Extensive Use of Videos in Corporate Training and Extensive Growth of Online Video and the Growing Demand for On-Demand Streaming
Market Growth Drivers:
Increasing Need for Transcoding to Deliver Videos to A Large Number of End Users and Increasing Traction of Video-As-A-Service (VaaS) in Enterprises Due to the Lower Total Cost of Ownership
Challenges:
Concerns Over Security and Privacy of Video Content
Restraints:
Network Connectivity and Technical Difficulties Involved in Video Streaming
Opportunities:
Optimization of Network Bandwidth and Use of Ai and Video Analytics to Better Understand Customer Behavior
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Video Broadcast Software Market
- Analysis about New Entrants in Video Broadcast Software Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Video Broadcast Software Study Sheds Light on
The Video Broadcast Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Video Broadcast Software industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Video Broadcast Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.