Information Communication and Technology Reports Video Streaming Software Market

Video Streaming Software Market size is expected to grow
from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022
According to a new market research report” Video Streaming Software Market by Solution (Transcoding &
Processing, Video Management, Video Security), Service (Professional & Managed), Streaming Type (Live & Video
On Demand Streaming), Deployment Type, Vertical, and Region - Global Forecast to 2022", published by
MarketsandMarkets™, The global video streaming software market size is expected to grow from USD 3.25 Billion
in 2017 to USD 7.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 18.2%.
The increasing need for transcoding to deliver videos to a large number of end-users and the growing demand for
on-demand services are some of the factors driving the growth of the market. Extensive opportunities in Small and
Medium-Sized Enterprises (SMEs) and high growth in the education sector are expected to offer huge market
opportunities in this market, in the next 5 years.
Browse and in-depth TOC on “Video Streaming Software Market”
52 - Tables
69 - Figures
137 - Pages
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The key forces driving the video streaming software market include the increasing traction of Video-as-a-Service
(VaaS) in enterprises due to lower cost of ownership, extensive growth of online videos, and the growing needs for
on-demand video streaming services. Moreover, with the subsequent increase in the adoption rate of cloud-based
video streaming software solutions and network bandwidth optimization, the video streaming software market is
expected to gain a major traction during the forecast period.
“Transcoding and processing solutions segment is expected to have the largest market share in 2017.”
The transcoding and processing solutions segment is expected to have the largest market share during the forecast
period due to the increasing enterprise adoption of cloud-based transcoding solutions, which can quickly convert
any type of uploaded video into various formats so that enterprise viewers can receive high-quality videos in a
device-compatible format. In addition to this, cloud-based transcoding solutions reduce the overheads of owning
hardware equipment.
“Education vertical is expected to witness the highest growth rate during the forecast period.”
The education vertical is projected to grow at the highest CAGR from 2017 to 2022, as video solutions are
enhancing the classroom experience and increasing student engagement. Video solutions also help colleges and
universities to manage the video resources collected from various sources from a single centralized location.
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“North America is expected to contribute the largest market share; Asia Pacific (APAC) is expected to grow at
the fastest rate during the forecast period.”