Several end-use industries are leveraging the potential of such video streaming software. A prominent example could be the education sector. One of the target population is those who are passionate about gaming and want the best interactive medium without hassle of the technical nuances. The gaming industry has made rapid advances to boost the trend. Growing popularity of professional broadcasting software tools, especially the live streaming ones, is likely to become a key accelerator of the expansion of the video streaming software market.
Global Video
Streaming Software Market: An Overview
Worldwide, online consumption of media has grown remarkably,
particularly those streamed wirelessly. The most robust impetus to the
evolution of the video streaming software market comes from the application of
the software and platforms among enterprises and organizations for the live
streaming of videos. Particularly, the live media streaming software is
witnessing rise in applications in sports, conferences, game streaming,
entertainment events, and entertainment events. Particularly, corporate
communications have seen widespread adoption of various technologies in the
video streaming software market.
Proliferating numbers of users who share videos through
Facebook and YouTube are becoming sizable source of video streaming software.
In this class, the rising class of prosumer has increasingly reshaping the
contours of the video streaming software market. This class of consumers has
shown considerable interest in video streaming services.
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Global Video
Streaming Software Market: Notable Developments
High-speed 5G networks are finding new business propositions
for bolstering their applications in end-use industries. Growing application of
3D video streaming software has added a new dimension. Coupled with the use of
artificial intelligence, video streaming software has enabled service providers
to meet volumetric video of humans. Telecommunication companies are showing keen
interest in acquiring the technical expertise of these software providers. The
following development underlines the trend.
Recently in September 2019, Verizon Wireless, has acquired
the volumetric video capture tools by Jaunt, a company that infuses machine
learning and AI to develop such videos. The company aggregates and distills
multi-camera feeds of people into 3D avatars, mainly with the use of its video
streaming software. These feeds can be viewed by users in multiple devices.
Jaunt was keen on sharing its technical expertise in video streaming powered by
AI, and this development gave shape to its intentions. Acquisition of video
streaming technologies by telecom providers is paving way for new growth
trajectories for the market.
Some of the prominent
players in the video streaming software market are:
- Qumu
Corporation
- Polycom,
Inc
- Ooyala,
Inc.
- Kollective
Technology, Inc.
Global Video
Streaming Software Market: Regional Outlook
Some of the key regional markets are North America, Europe,
Asia Pacific, the Middle East, and Latin America. Of all the key markets, Asia
Pacific has shown remarkable potential in the video streaming software market.
Growing demands for video streaming platforms in numerous industries and rapid
pace of digitization in its economies have created several lucrative
opportunities in the region.
This study by TMR is all-encompassing framework of the
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America
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Pacific
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America
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Middle East and Africa
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