How will COVID-19 impact Video Streaming Software Market – Exclusive Report by MarketsandMarkets™

Northbrook, USA, 2020-Apr-13 — /EPR Network/ —The ongoing COVID-19 pandemic—and the worldwide reaction to it—has compelled companies to radically rethink their strategies and the way they operate. We salute the industry experts helping companies survive and sustain in this pandemic.

At MarketsandMarkets™, analysts are undertaking continuous efforts to provide analysis of the COVID-19 impact on the Abrasives Market. We are working diligently to help companies take rapid decisions by studying:

  • The impact of COVID-19 on the Video Streaming Software Market, including growth/decline in product type/use cases due to the cascaded impact of COVID-19 on the extended ecosystem of the market
  • The rapid shifts in the strategies of the Top 50 companies in the Video Streaming Software Market
  • The shifting short-term priorities of the top 50 companies’ clients and their client’s clients

You can request an in-depth analysis detailing the impact of COVID-19 on the Video Streaming Software Market @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=181135120

The 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”, 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%.

“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.

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“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.

“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.”

North America is expected to have the largest market share due to various factors, such as collaborations between governments and network arenas, institutional partnerships, and large-scale investments in outsourced video streaming solutions and services. APAC offers potential growth opportunities owing to the increasing usage of digital media among organizations and individuals, and the rising awareness about business productivity in the APAC region.

The major vendors providing video streaming software solutions are Brightcove, Inc. (Boston, US), Haivision, Inc. (Montreal, Canada), IBM Corporation (New York, US), Kaltura, Inc. (New York, US), Kollective Technology, Inc. (Bend, US), Ooyala, Inc. (Santa Clara, US), Panopto (Pittsburgh, US), Polycom, Inc. (San Jose, US), Qumu Corporation (Minneapolis, US), Sonic Foundry, Inc. (Madison, US), VBrick (Herndon, US), and Wowza Media Systems, LLC (Colorado, US).

Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/video-streaming-market-181135120.html

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

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