About Live Event Streaming Services & Solutions
The live streaming is the method of live broadcasting of the videos over the internet. Through which the people and brands communicate all over the globe. Today, almost every social media platform supports live streaming for the purpose of coming face to face with the audience. Live streaming offers endless access to various contents through the web and mobile devices. The rapid evolution in the entertainment industry has made leaders engage with their audience. To achieve these factors there are services provided by some companies for achieving the goals in an efficient manner. Also, through these highly interactive conferences and events live streaming services it is hence very easy to increase the event attendance and revenue.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 29.3% |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Live Event Streaming Services & Solutions market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brightcove (United States), Haivision (Canada), IBM (United States), Ooyala (United States), VBrick (United Kingdom), Qumu Corporation (United States), Kaltura (United States), Contus (India), Sonic Foundry (United States) and Panopto (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Wowza Media Systems (United States), Verizon Digital Media Services (United States) and DaCast (United States).
Segmentation Overview
AMA Research has segmented the market of Global Live Event Streaming Services & Solutions market by Type (PC-based and Mobile Apps), Application (Large Enterprises and Small and Medium-sized Enterprises (SMEs)) and Region.
On the basis of geography, the market of Live Event Streaming Services & Solutions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User, the sub-segment i.e. News will boost the Live Event Streaming Services & Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution Type, the sub-segment i.e. Professional will boost the Live Event Streaming Services & Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Type, the sub-segment i.e. Event management will boost the Live Event Streaming Services & Solutions market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Leaning Demand for OTT Adoption, Increased Live Streaming In Internal Corporate Communications and Emerge Of Live Streaming In Music Industries
Market Growth Drivers:
Increase Demand in Real-Time Broadcasting in Entertainment Sector, Huge Internet Penetration, Expansion of Social Media Platforms and Increase Adoption of Smartphones
Challenges:
Lack of Awareness in Developing Regions
Restraints:
Increasing Poor Network Connectivity and Technical Difficulties Are the Factors Which Limiting the Market Growth Of Live Streaming Services & Solutions
Opportunities:
Increasing Real Estate Companies towards Broadcasting Auctions, Rise in Product Launch Events on Live Streaming By Retail Companies and Increasing Celebratory Events, Sports, Movies, and Web Series
Market Leaders and their expansionary development strategies
In August 2023, CDNetworks, an APAC-leading network to deliver edge as a service, proudly acknowledges its instrumental role in the ascent of 17LIVE, Asia's leading live streaming platform. The collaboration between the two companies, which began in 2016, underpins 17LIVE's evolution as today's leading live streaming platform in Japan.
In August 2023, Link Net partners with Qwilt and Cisco to deploy Open Caching solutions to elevate video streaming experiences. The collaboration between the two companies, which began in 2016, underpins 17LIVE's evolution as today's leading live-streaming platform in Japan and, soon, across Asia.
Key Target Audience
Providers of Live Event Streaming Services & Solutions, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.