Video Streaming Software Market Revenue
The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Video Streaming Software Market Revenue. The growth sectors of the Video Streaming Software Market Revenue are identified with precision for a better growth perspective.
Market Research Future (MRFR) in its latest report on the global video streaming software market mentions, customers relish uninterrupted video along with other factors is likely to cast a powerful impact on its growth. MRFR asserts that the global video streaming software market can register a substantial CAGR of 18% between 2017 and 2023. Additionally, MRFR also states that the global video streaming software market can touch a lucrative valuation of approximately USD 9.57 billion by 2023.
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Market Highlights
The global video streaming software market is expected to exhibit a fast-paced growth over the forecast period due to the technical advancements such as cloud-based technologies and artificial intelligence. Furthermore, the growing demand for video streaming software services in corporate companies, especially for training purposes is anticipated to drive the growth of the global video streaming software market. Video streaming software eliminates the need for extra storage devices. Hence, as the easy availability of customers to avail video, over good internet connectivity is anticipated to spur the growth of the video streaming software market. Advantages such as video selection and scheduling your customers watch list are other factors that can augment the video streaming software market growth.
Market Segmentation
The global video streaming software market has been segmented on four category. They are; streaming type, component, deployment, and vertical.
On the basis of component, the global video streaming software market has been segmented into solution and service. The service segment has been further classified into professional services and managed services. The managed services segment is expected to witness a significant growth over the forecast period. This is due to the surge in the adoption of video streaming software by enterprises, as it assists in improving timeliness at low price.
On the basis of streaming type, the global video streaming software market has been segmented into Video Streaming Software Agencies and Direct Travel Suppliers.
On the basis of deployment, the global video streaming software market has been segmented into Transportation, Vacation Packages, Accommodation, and others.
Competitive Dashboard
MRFR profiles some of the notable players which are functional in the global video streaming software market. They are; Sonic Foundry, Inc. (U.S.), Kaltura, Inc. (U.S.), Haivision, Inc. (Canada), Brightcove, Inc. (U.S.), Panopto (U.S.), IBM Corporation (U.S.), Kollective Technology, Inc. (U.S.), Ooyala, Inc. (U.S.), Polycom, Inc. (U.S.), Qumu Corporation (U.S.), VBrick (U.S.), Wowza Media Systems, LLC (U.S.), and others.
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