Industry Background:
Media processing solutions are services that are provided to the viewer which is used to publish the media (video/ audio) content accessibility on different platforms and via different sources. These processing solutions involve editing and publishing the copyright logos in the videos, giving the specific access rights to the users and also making sure that the videos are being provided to the viewers. As social media awareness has become an important medium of conversation nowadays hence, the processing of these platforms needs to be very specific. Thus with the rising phenomenon of social media as a trend has inculcated to raise media processing solutions.
This growth is primarily driven by Advancements in technology and significant growth of streaming services & platforms have the potential to drive the market growth. Moreover, the and access to a better quality of internet services and increasing preference of live-content streams is expected to drive the growth of the market.
Globally, a noticeable market trend is evident The adoption of high-speed internet in countries is becoming a trending acceptance in this market. For instance, the U.S. Federal Communications Commission (FCC) has implemented a plan to improve Internet access in the U.S., which states that at least 100 million homes in the country should have affordable access to the actual speed of 100 Mbps by 2020.. Major Players, such as .Akamai Technologies (United States), Intel Corporation (United States), Hewlett Packard Enterprise Development LP (United States), Amagi Media Labs Pvt. Ltd (United States), Apriorit Inc.(United States), ATEME SA (France), BASE Media Cloud Ltd. (United Kingdom), Imagine Communications Corp. (United States), Kaltura Inc. (United States), M2A Media Ltd. (United Kingdom) and MediaKind (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 May 2018, Permira announced that they had agreed to purchase back the assets of Cisco’s Service Provider Video Software Solutions (SPVSS) operations. Once the acquisition is complete, Permira will launch the renewed brand it once sold to Cisco for USD 5 billion and keep the focus of the brand on providing video solutions to the Pay-TV industry. The renamed brand will constitute of Cisco’s “Infinite Video Platform”, cloud digital video recording, video processing, video security, video middleware, and service groups.
April 2019 - SRI International awarded a contract from the US Army to deliver a sensor integrated custom camera module for better night vision video delivery. This contract is expected to showcase SRI’s expertise in offerings of image and video processing solutions for defense applications.
Market Drivers
- Advancements in technology and significant growth of streaming services & platforms have the potential to drive the market growth. Moreover, the
- access to a better quality of internet services and increasing preference of live-content streams is expected to drive the growth of the market
Market Trend
- The adoption of high-speed internet in countries is becoming a trending acceptance in this market. For instance, the U.S. Federal Communications Commission (FCC) has implemented a plan to improve Internet access in the U.S., which states that at least 100 million homes in the country should have affordable access to the actual speed of 100 Mbps by 2020.
Restraints
- Complications in Processing Media from Different Sources is Expected to Restrain the Growth of the Market
- High Cost Associated with the Processing Unit
Opportunities
Growing Demand from Consumers to Provide High Demand Quality Videos and Rising Digital Advertising is Anticipating the Market Dynamics
Challenges
Complexity in Media Processing is a bit Challenging in this Nature
AMA Research follow 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 showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse 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 include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Media Processing Solutions Study Sheds Light on
The Media Processing Solutions Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Media Processing Solutions industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Media Processing Solutions industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey 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 value they currently claim, or capture the new addressable opportunity.