Video streaming is a kind of a media streaming in which any data from a video file is offered to the users with the help of internet. They provide option to the user to see the video online on their mobiles or computer without downloading it. They usually work on a data streaming application where all these huge files are compressed and are delivered to the device in small lumps. These video usually needs a players which can send the video data to the display and audio data to the speakers. The server uses particular algorithms to condense the media file or data for network or Internet connection transmission. The size of the data stream usually depends upon network latency, file size and bandwidth speed.
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Some of the factors responsible for the growth of this market are as follow:
The global video streaming software market is segmented on the basis of solution as transcoding and processing, video management, video delivery and distribution, video analytics, video security, & others; service as professional services, & managed services; streaming type as live streaming, video on demand streaming, video streaming software agencies, and direct travel suppliers; deployment type as cloud, on-premises and vertical as broadcasters, operators, and media, BFSI, education, healthcare, government, others.
Some of the launches and acquisitions in the market are as follow:
“According to Data Bridge Market Research, global video streaming software market is set to witness a healthy CAGR of 19.50% in the forecast period of 2019- 2026”
Few of the major competitors currently working in the global video streaming software market are Brightcove Inc., IBM Corporation, Kollective Technology, Inc., Ooyala, Inc., Panopto, Plantronics, Inc., Qumu Enterprise Video, Sonic Foundry, Vbrick, Wowza Media Systems, LLC, Vimeo, Inc., Muvi LLC, Plantronics, Inc., Apple Inc., Microsoft, Twitch Interactive, Inc., Southern Cross Media Group Limited, StudioCoast Pty Ltd., Telestream, LLC, Haivision among others.
Growing network bandwidth has increased the demand of the user to watch videos on different screen which is driving the market growth. Growing demand of videos in education sector for better understanding will also affect its demand. There is integration of AI and video analytics for better understanding of the customer behavior which is also enhancing this market. These are some of the factors creating new opportunities for this market.
Global Video Streaming Software Market - Industry Trends and Forecast to 2026