Video Streaming Software Market

Global Video Streaming Software Market Size (2024 to 2029)

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-cost shares in the creation of vast content are restraining the growth of the market.

REPORT COVERAGE:

This research report on the global video streaming software market has been segmented and sub-segmented based on solution, service, streaming type, deployment type, vertical and region.

Global Video Streaming Software Market - By Solution:

• Transcoding & Processing
• Video Management
• Video Security

Global Video Streaming Software Market - By Service:

• Professional
• Managed

Global Video Streaming Software Market - By Streaming Type:

• Live
• Video on Demand Streaming

Global Video Streaming Software Market - By Deployment Type:

• Cloud-based
• On-premises

Global Video Streaming Software Market - By Vertical:

• Education
• Healthcare
• Media
• Government
• Broadcasters
• Others

Global Video Streaming Software Market - By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

While North America dominates the global market, Asia Pacific manages to register high growth rates turning to be the fastest-growing market in this domain.

KEY MARKET PLAYERS:

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.

RECENT HAPPENINGS IN THE MARKET:

• In March 2017, a company named, Brightcove partnered with Southern Cross Austereo, an Australian commercial broadcaster, to roll out its Video Cloud platform which will allow the former company to publish videos faster through a single PVI and manage its entire workflow.
• In January 2017, Kaltura partnered with the University of West England (UWE) to roll out its video platform for more than 500 courses. This will allow students to produce their videos on any mobile device, easily integrate them into an assessment, and then securely submit the evaluation to the speaker directly.
• In January 2016, IBM managed to acquire a company named, Ustream, to improve and promote its cloud-based video services across various verticals of all prominent industries and help extend its cloud-based platforms.