Knowledge Sourcing Intelligence announces the publication of a new report on “Video Streaming Software Market - Forecasts from 2018 to 2024" to their offering.
The software, which is able to provide access to informational, entertainment and other videos via streaming channels, websites and apps from any place and at any time, is referred to as video streaming software.
According to the report, the video streaming software market is projected to expand at an impressive CAGR of 16.32% over the forecast period 2018-2024. The Video Streaming Software Market is expected to surge over the forecast period due to the fact that the number of people using these services have increased as these services can provide access to a multitude of videos such as educational, entertainment, spiritual and others. Moreover, the market growth is further bolstered by the rapid expansion of these services and softwares throughout the world and on platforms such as websites, apps and even live streaming channels.
By streaming type, video on demand streaming holds a significant amount of share in the market, which is attributed to it’s ability provide user with the flexibility to use the service without a dedicated video entertainment device and without a fixed broadcasting schedule. Live Streaming also holds a considerable amount of share in the market, owing to the fact that people who work in offices and some student use this service to watch live news or live sports. Cloud Streaming holds immense potential and is poised to increase its market share over the forecast period Geographically, North America is expected to hold a significant amount of share in the market owing to the fact that there has been increase in the concentration of internet which has resulted in the increase of usage of such services.
Furthermore, as the key players are participating in the market by making investments and increasing the quality of these video streaming softwares, the market is poised to grow over the coming years
Some of the major players covered as part of the report are Wowza Media Systems, LLC, Sonic Foundry, Inc., Kollective Technology, Inc., Ooyala, Inc., Haivision, Inc., and IBM Corporationamong others.
View a sample of the report or purchase complete study at www.knowledge-sourcing.com/report/video-streaming-software-market
This report segmented the video streaming software market on the basis of the following terms