Video Streaming Software Market to Cross $10 Bn by 2023: TechSci Research Study

Increasing deployment of smart devices such as smart phones, tablets, etc., for video streaming, along with high demand for establishing live interactions with viewers across various sectors to driving global video streaming software market through 2023

According to TechSci Research report, “Global Video Streaming Software Market By Component, By Streaming Type, By Deployment Type, By End User, By Region, Competition Forecast and Opportunities, 2013-2023”, the global video streaming software market is witnessing significant growth and is projected to surpass $ 10 billion by 2023, on account of increasing demand for video streaming across various smart devices as well as enhancements across mobile and broadband infrastructures. Moreover, rising high speed content delivery, increasing video streaming opportunities across various small & medium enterprises, growing deployment of CDN (Content Delivery Network) to boost quality and delivery of video content, etc., is further propelling growth in video streaming software market, globally. Additionally, video streaming software developers are also partnering with other companies and third party distributors for offering enhanced video streaming solutions across various end users across the globe.

Browse 131 Figures and 132 Tables spread through 207 Pages and an in-depth TOC on “Global Video Streaming Software Market”

https://www.techsciresearch.com/report/global-video-streaming-software-market/1357.html

Owing to easy and secure integration, on-premise deployment is dominating the global video streaming software market. However, with growing inclination of end users towards cloud to save their video content, market share of cloud deployment type is expected to increase during forecast period. Among streaming types, video-on-demand is dominating the global video streaming market and is expected to dominate during the forecast year as well, majorly due to rising preference for online broadcasting of TV shows, news, etc., instead of traditional broadcasting. A large demand for video streaming emanates from broadcasters, operators, and media, followed by large and small enterprises, education sector, etc. Education sector is anticipated to be the fastest growing sector in the global video streaming market during the forecast period.

“Rising number of connected devices and increasing deployment of virtual reality for supporting 360 degree streaming of video is boosting deployment of video streaming software solutions & services across the globe. Moreover, rising adoption of 4K live streaming as well as emergence of next-generation formats is anticipated to enhance performance of video content by neglecting redundant data and offering high speed content delivery to the users, which is further expected to steer growth in video streaming software market across the globe in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Video Streaming Software Market By Component, By Streaming Type, By Deployment Type, By End User, By Region, Competition Forecast and Opportunities, 2013-2023” has evaluated the future growth potential of global video streaming software market and provides statistics and information on market size, structure and future market growth. The report offers decision makers superior market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the emerging trends along with drivers, challenges and opportunities in the global video streaming software market.

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