Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Video Streaming Software Market Size

The global video streaming software market reached a value of more than USD 8.86 billion in 2023. The market is further expected to grow at a CAGR of 19.5% during the forecast period of 2024-2032 to reach above USD 44.20 billion by 2032.

 

Video Streaming Software Market Outlook

  • In 2024, brands spent USD 30.10 billion on streaming advertisements, highlighting the increasing investment in this sector compared to traditional TV ads.
  • Netflix leads as the most subscribed video streaming service with 260.28 million subscribers in 2024, followed by Amazon Prime Video with over 200 million members.
  • As per industry reports, YouTube boasts over 2 billion monthly active users, making it a significant platform for video content consumption.
  • Live video streaming is gaining popularity, with 92% of internet users watching digital videos weekly and 27% engaging with live streaming content regularly.

 

Video Streaming Software Market Report Snapshots

Video Streaming Software Market Size

Video Streaming Software Market Growth

Video Streaming Software Market Trends

Video Streaming Software Market Share

Video Streaming Software Companies

Video Streaming Software Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global video streaming software market attained a value of more than USD 8.86 billion in 2023.

The market is projected to grow at a CAGR of 19.5% in the forecast period of 2024-2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach above USD 44.20 billion by 2032.

The market is being driven by the rising demand for video on demand services, which allow people to stream digital content on their will.

Factors such as increasing demand for video streaming software in industries like education and corporate owing to rising demand for streamlining business operations for remote work are contributing to the market growth.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major components of video streaming software are solutions and services.

The different streaming types are live streaming and video on demand.

The major deployment types of video streaming software are on-premises and cloud.

The significant verticals of video streaming software are media and entertainment, BFSI, academia and education, healthcare, and government, among others.

Key players in the market are IBM corporation, Kaltura, Inc., Panopto, Inc., Brightcove, Inc., and Vimeo, Inc., among others.

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