DUBLIN--(BUSINESS WIRE)--The "Video Streaming Software Market by Solution (Transcoding & Processing, Video Management, Video Security), Service (Professional & Managed), Streaming Type, Deployment Type, Vertical, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The global video streaming software market size is expected to grow from USD 3.25 billion in 2017 to USD 7.50 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.2%
The major factors driving the video streaming software market are increasing traction of VaaS in enterprises due to lower cost of ownership, extensive growth of online videos, and growing needs for on-demand streaming. However, network connectivity issues and the technical difficulties involved in video streaming are some of the major factors hindering the growth of the video streaming software market.
The video analytics solutions segment is expected to have the highest growth rate during the forecast period, as video analytics solutions offer a 360-degree view of enterprise viewer habits and behaviors, producing critical intelligence to support enterprise strategic goals. Through video analytics, enterprises can club Artificial Intelligence (AI), machine learning, and cognitive technologies to extract actionable insights from the video files.
The broadcasters, operators, and media vertical is expected to witness the highest adoption of video streaming software, as the video streaming software helps broadcasters, operators, and media companies to maximize monetization, minimize operational overheads, offer better services, and enhance viewing experiences.
The APAC region includes emerging economies such as China, Australia, Singapore, and India. In these countries, enterprises are rapidly deploying video streaming software solutions.
- Increasing Need for Transcoding to Deliver Videos to A Large Number of End-Users
- Increasing Traction of Video-As-A-Service (VaaS) in Enterprises Due to the Lower Total Cost of Ownership
- Extensive Use of Videos in Corporate Training
- Extensive Growth of Online Video and the Growing Demand for On-Demand Streaming
- Network Connectivity and Technical Difficulties Involved in Video Streaming
- High Costs for Content Creation
- Optimization of the Network Bandwidth
- Use of Ai and Video Analytics to Better Understand Customers' Behavior
- Concerns Over Security and Privacy of Video Content
- Brightcove, Inc.
- Haivision, Inc.
- International Business Machines Corporation
- Kaltura, Inc.
- Kollective Technology, Inc.
- Ooyala, Inc.
- Polycom, Inc.
- Qumu Corporation
- Sonic Foundry, Inc.
- Wowza Media Systems, Llc
For more information about this report visit https://www.researchandmarkets.com/research/kxwhml/video_streaming