The global video streaming software market will be driven by education sector applications during the forecast period 2021-2026

Expert Market Research’s new report titled “Global Video Streaming Software Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026”, provides an in-depth analysis of the global Video Streaming Software Market, assessing the market based on its segments such as components, streaming type, deployment mode, verticals and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2016-2026)

• Forecast CAGR (2021-2026): 19.55%

The growth of the global video streaming platform market is propelled by the increasing penetration of the digital content market owing to the presence of prominent streaming platforms like Amazon and Netflix. The growth of the market can also be associated with the rapid shift from cable TV to video on demand as the development of new and innovative content by aspiring artists is further contributing to the growth of the video streaming software market in the global scale. advanced solutions such as data analytics further catalyze the growth of the video streaming software market. Video analytics, as a solution, is being rapidly deployed by market players to gain insights into consumer preferences, network stability, start-up time and feedback among others to come up with improved services for streamline the consumer experience.

Industry definition and segmentation

Video streaming software refers to a digital service that allows users to watch entertainment, educational or infotainment related videos online using internet services.

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On the basis of components, the market can be segmented into:

• Solutions
• Services

Solutions can be divided into transcoding and processing, video management software, video distribution, video analytics, and video security, among others.

Services can be divided into professional services and managed services.

The market, on the basis of streaming type, can be categorized into:

• Live broadcast
• Video on demand

Based on the type of deployment, the market can be split into:

• On the site
• Cloud

Based on vertical, market segmentations include:

• Media and Entertainment
• BFSI
• Academia and Education
• Health care
• Government
• Others

Regional markets for the product include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market trends

The advent of the coronavirus pandemic has positively influenced the growth of the video streaming software services market. The education sector is expected to be the biggest user of video streaming software due to the long periods of confinement that have resulted in the closure of educational institutions. On-demand services provided by video streaming software allow users to watch videos at their discretion, enabling students to review videos, thereby increasing the market growth. Additionally, growing awareness of business productivity and technical advancements that facilitate digital service management at economical cost are factors that are enhancing the growth of the video streaming software market in the Asia-Pacific region.

Main market players

The major market players are IBM Corporation, Kaltura, Inc., Panopto, Inc., Brightcove, Inc., and Vimeo, Inc., among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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