The global video streaming market is expected to reach a

Westford, USA, May 04, 2022 (GLOBE NEWSWIRE) — To improve video quality, new technologies such as blockchain and artificial intelligence (AI) are being deployed. Editing, cinematography, voiceovers, scriptwriting, and a variety of other aspects of video streaming and downloading are all aided by artificial intelligence. These advances are expected to have a favorable impact on the growth of the market. AI is used by a number of video streaming service providers to improve the content quality of videos.

Additionally, growing preferences for online streaming services over traditional TV is also expected to create a wide scope for market growth over the forecast period. People opt for online streaming services because of the ease, variety, flexibility, and cost-effectiveness they offer. VoD users, unlike traditional viewers, are not limited in their selection of material by geography.

The ability to watch movies on the go using mobile apps and high-speed network connectivity has driven viewers away from traditional TVs and towards on-demand video streaming services. Video-on-demand services are significantly cheaper than premium subscriptions from cable TV providers. COVID-19 has seen a 20% increase in views across many OTT platforms due to its rapid distribution. According to the OpenX OTT 2019 report, 60% of viewers aged 18-34 use OTT services.

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Read Market Research Report, “Global video streaming market is segmented by component (solutions, transcoding and processing, video management software, video distribution, video analytics, video security, others), type of streaming (streaming in direct, video-on-demand streaming), Deployment mode (on-premises, cloud), industry vertical (media & entertainment, BFSI, academia & education, healthcare, government, other) and by region – forecast and analysis 2021-2027 » by SkyQuest

the global video streaming market is segmented based on component, streaming type, deployment mode, and vertical. On the basis of components, the global video streaming market is categorized into solutions, transcoding and processing, video management software, video distribution, video analytics, video security, and others. The solutions segment is expected to witness a major share of the market during the forecast period.

Based on type of streaming, the global video streaming market is classified into live streaming and video on demand streaming. The video on demand segment is expected to witness a major share of the market over the forecast period. Based on the mode of deployment, the global video streaming market is categorized into on-premise and cloud. The cloud segment is expected to witness a major share of the market over the forecast period. Based on industry vertical, the global video streaming market is categorized into media & entertainment, BFSI, academia & education, healthcare, government, and others. The media and entertainment segment is expected to witness a major share of the market during the forecast period.

Based on the region, it is categorized into North America, Europe, Asia-Pacific, South America, and MEA. The Asia-Pacific region is expected to hold the largest share of the market during the forecast period. Australia, Singapore, China, India, New Zealand and South Korea are among the developed and developing economies in the region. With the improvement of the technological infrastructure, the developed countries of this region are expected to increase significantly.

Developing countries are gradually improving and streamlining their business processes by using video streaming services. In order to simplify and optimize their business processes, densely populated countries like India and China are turning to video streaming monetization models. In addition, the region’s strong competitiveness is expected to drive the development of software solutions and video streaming services, which will improve the overall return on investment for media, entertainment and education companies.

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IBM Corp. (US), Kaltura (US), BrightCove (US), Panopto (US), Haivision (US), Vimeo (US), VBrick (US), Polycom ( US), Qumu (US), Sonic Foundry (US), MediaPlatform (US), Akamai (US), Limelight Networks (US) and Agile Content (Spain), among others, some of the major players operating in the market. The major players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market.

The report published by SkyQuest Technology Consulting provides in-depth qualitative information, historical data and verifiable projections on the size of the market. The projections presented in the report have been derived using proven research methodologies and assumptions.

SkyQuest has segmented the global video streaming market on the basis of component, type of streaming, mode of deployment, industry vertical and region:

  • Video Streaming Component Outlook (Revenue, USD Million, 2021 – 2027)
    • Solutions
    • Transcoding and processing
    • Video management software
    • Video broadcast
    • Video analysis
    • Video Security
    • Others
  • Video Streaming Streaming Type Outlook (Revenue, USD Million, 2021 – 2027)
    • Live broadcast
    • On-demand video streaming
  • Video Streaming Deployment Type Outlook (Revenue, USD Million, 2021 – 2027)
  • Video Streaming Industry Vertical Outlook (Revenue, USD Million, 2021 – 2027)
    • Media and Entertainment
    • BFSI
    • University and education
    • Health care
    • Government
    • Other
  • Video Streaming Regional Outlook (Revenue, USD Million, 2021 – 2027)
    • North America
    • Europe
      • Germany
      • France
      • UK
      • Italy
      • Spain
      • The rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Rest of Asia-Pacific
    • Central and South America
    • Middle East and Africa
      • GCC countries
      • South Africa
      • Rest of MEA

List of Key Players in the Video Streaming Market

  • IBM Corp. (United States)
  • Kaltura (USA)
  • BrightCove (USA)
  • Panopto (USA)
  • Haivision (USA)
  • Vimeo (US)
  • VBrick (USA)
  • Polycom (US)
  • Qumu (USA)
  • Sonic Foundry (USA)
  • MediaPlatform (USA)
  • Akamai (USA)
  • Limelight Networks (US)
  • Agile Content (Spain)
  • Ramp Holdings Inc. (USA)
  • Sproutvideo (USA)
  • Wowza (USA)
  • DaCast (USA)
  • Zixi (USA)
  • Collective Technology (USA)
  • Muvi (USA)
  • Movingimage (USA)
  • Vidizmo (USA)
  • Ravnur Inc. (USA)
  • uStudio (US)
  • Contus (India)
  • Vidyard (Canada)

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Steven L. Nielsen