Global Video Streaming Software Market Size, Share, and Trends Analysis Report, By Type (Cloud, and On-premises), and By Application (Broadcasters & Operators, BFSI, Education, Healthcare, Government, and Others), Forecast Period (2022-2028)

The global video streaming software market is anticipated to grow at a significant CAGR of 19.8% during the forecast period (2022-2028). The constant delivery of different video files from a server to a viewer is referred to as video streaming. Users do not need to download videos and may simply watch them online using this method. Movies, TV shows, and live-streaming content are all examples of streamed video content. Hulu and Netflix are two significant services that provide streaming video to their users. During the forecast period, the video streaming software market is expected to rise due to the increasing penetration of smartphones and the growing population of internet users around the globe. The popularity of online video is fast increasing the amount of traffic generated on the internet. By 2021, it is predicted to account for around 60% of all internet traffic. Furthermore, the technological improvements in the digital media sector are also expected to boost the expansion of the video streaming software market.

The market players are additionally, contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance,

• In October 2021, Haivision Connect is a brand-new cloud platform created for churches to communicate and engage with their audiences from anywhere.
• In March 2021, IBM’s video streaming and enterprise video systems provided a substitute video feature. This allows companies to replace old films with fresh versions without having to worry about the mechanics of updating URL links or embedding movies.
• In February 2021, Brightcove introduced Brightcove Cloud Playout, a new feature that enhances Brightcove’s end-to-end video platform.
• In April 2020, Degreed, a workforce upskilling platform teamed up with Kaltura, a video cloud, to make it easier to use video in talent development. The agreement will make it easier for learning and talent teams to develop, unify, organize, and preserve films, additionally, integrate them into self-directed and structured training sessions.
• In January 2020, in response to the increasing demand in Asia, Panopto created a commercial office in Singapore.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- IBM Corp., Brightcove, Inc., Panopto, Inc., Kaltura, Inc., and Vimeo, Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Video Streaming Software Market Report by Segment

By Type

• Cloud
• On-premises

By Application

• Broadcasters & Operators
• BFSI
• Education
• Healthcare
• Government
• Others