Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Video Streaming Software Market Trends

The global market for video streaming software is being driven by a robust demand for video on demand streaming services. The outbreak of coronavirus invigorated the demand for on-demand videos for various applications, including entertainment, education, and sports, among others. The rising demand for video streaming software can be associated with the emergence of key players, such as Amazon and Netflix, which provide streaming services at affordable prices.

 

Furthermore, the rising preference for video on demand can be attributed to the fact that it allows users to watch videos anywhere and anytime, at their own pace, along with the availability of the content for an extended period.

 

Additionally, the key reason for video streaming software market development is the rising penetration of mobile phones and easy availability of internet services via Wi-Fi or cellular networks. Moreover, the rapid shift from cable televisions to on-demand videos, because of the development of new and innovative content by budding artists is further contributing to the growth of the market globally.

 

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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