The Global Broadcast and Internet Video Software Market is anticipated to grow at a significant CAGR during the forecast period. The major factors for the growth of the market are the increasing demand for live video streaming among internet users across the globe. Also, the increasing adoption of smartphones by users and other smart devices will fuel the growth of the market during the forecast period.
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Video on demand (VoD) is increasingly adopted across the globe as more and more users want to select and watch their choice of videos on televisions or PCs. The various solutions provided by the Broadcast and Internet Video software include immediate access to the requested video content by the user, or the availability of the content even after years and months are significantly driving the growth of the market. The increasing users of online streaming services are causing video analytics to gain importance among the service providers, in turn growing the demand for the global broadcast and internet video software market.
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Due to the use of this software users can select and watch different video content from various fields such as sports, entertainment, educational programme, and many others. For instance, In April 2020, Brightcove launched new software to streamline employee communication via video, which provides analytics, content organization, and many other features. All these factors combined will fuel the growth of the market. Some of the key global players in the global broadcast and internet video software market include IBM Corp., Brightcove, Haivision, SproutVideo, Contus, Kaltura, among others.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
o By Component
o By Service Type
o By Solution Type
- Competitive Landscape – IBM Corp., Brightcove, Haivision, SproutVideo, Contus.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Broadcast and Internet Video Software Market by Segments
By Component
- Solution
- Services
By Service Type
- Implementation and Integration
- Consulting
- Support and Maintenance
By Solution Type
- Transcoding and Processing
- Video Management Software
- Video Analytics
- Security
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