The global video streaming software market is estimated to grow from USD 4.94 billion in 2024 to USD 12.13 billion by 2029, registering a CAGR of 19.67% from 2024 to 2029.
The growing need for transcoding to be done, the growing demand to deliver videos to many end-users, and for on-demand services are propelling the growth of the video streaming software market. North America dominates this market globally, accounting for a major market share. It is followed by Europe and Asia Pacific regions, which are fast-growing markets. The rising prominence of Video as a Service (VaaS) in enterprises and the extensive use of videos in corporate training sessions are further contributing to the global market growth.
However, factors like Network connectivity, technical difficulties involved in video streaming, and high costs associated with creating vast content are restraining the market's growth.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
19.67% |
Segments Covered |
By Solution, Service, Streaming Type, Deployment Type, Vertical and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Brightcove, Inc. (US), Haivision, Inc. (Canada), IBM Corporation (US), Kaltura, Inc. (US), Kollective Technology, Inc. (US), Ooyala, Inc. (US), Panopto (US), Polycom, Inc. (US), Qumu Corporation (US), Sonic Foundry, Inc. (US), VBrick (US), Wowza Media Systems, LLC (US), and others. |
Brightcove, Inc. (US), Haivision, Inc. (Canada), IBM Corporation (US), Kaltura, Inc. (US), Kollective Technology, Inc. (US), Ooyala, Inc. (US), Panopto (US), Polycom, Inc. (US), Qumu Corporation (US), Sonic Foundry, Inc. (US), VBrick (US), and Wowza Media Systems, LLC (US) are some of the names of the crucial prominent market players performing in this segment.
By Solution
By Service
By Streaming Type
By Deployment Type
By Vertical
By Region
While North America dominates the global market, Asia Pacific manages to register high growth rates and is now the fastest-growing market in this domain.
Frequently Asked Questions
The global video streaming software market size is anticipated to be worth USD 4.94 bn in 2024.
North America, Europe, and Asia-Pacific are among the leading contributors to the global video streaming software market share, with a significant presence in the United States, Western Europe, and key Asian markets.
Growth in the global video streaming software market is driven by factors such as the rising popularity of OTT (over-the-top) platforms, increasing internet penetration, and a growing preference for on-demand video content.
Brightcove, Inc. (US), Haivision, Inc. (Canada), IBM Corporation (US), Kaltura, Inc. (US), Kollective Technology, Inc. (US), Ooyala, Inc. (US), Panopto (US), Polycom, Inc. (US), Qumu Corporation (US), Sonic Foundry, Inc. (US), VBrick (US), and Wowza Media Systems, LLC (US) are some of the major players in the video streaming software market.
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