Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) — The “North America Video Streaming Software Market, By Region, Competition, Forecast and Opportunities, 2018-2028F” report has been added to ResearchAndMarkets.com’s offering.
The digital transformation reshaping how audiences consume entertainment and media has led to significant growth in the North America Video Streaming Software market. With an estimated value of USD 2.26 Billion in 2022 and projections pointing towards a thriving trajectory with a CAGR of 17.94%, this market epitomizes the dynamic shift in content delivery and consumption.
Leading the charge are cutting-edge solutions such as video analytics, which have proven to be instrumental in catering to the evolving demands of viewers. These tools facilitate a robust understanding of user behavior, championing personalized and engaging streaming experiences. As a consequence, video analytics solutions maintain their standing as a dominant segment and are expected to continue to steer the market through the forecast period.
Expanding End-User Base Underscores Market Dominance in Diverse Sectors
Contrary to the conventional focus on entertainment, the video streaming software market has branched out vigorously into various sectors, notable among which is healthcare. Streaming technologies have been revolutionary in telehealth, heralding a new era of medical consultations and education through video software solutions. The agility and efficiency imparted by these technologies underscore the healthcare segment’s continued dominance.
The United States’ role cannot be overstated, with its strategic position as the linchpin in the global streaming arena, given its infrastructure, content creation ecosystem, and the pioneering spirit of its tech and media industries. Despite challenges such as subscription fatigue and content piracy, the U.S. continues to be the beacon of innovation and the main driver of market growth.
Technological Advances and Competitive Dynamics Propel Market Growth
The flourishing North America Video Streaming Software market gains momentum from the ferocity of technological advancements and a thick competitive landscape. Software providers are allocating resources significantly towards enhancing viewer experiences with high-resolution content and low-latency live streaming, indicating a promising future filled with diverse content and innovative viewing platforms.
Segmental Insights Showcase Solutions and End Users’ Insights
Segment-wise, the market analysis covers various dimensions of the streaming software landscape, including solutions, end users, and deployment types. From on-premise to cloud-based deployments, the report delves into how each segment contributes to the overall growth and profiles how broadcasters, operators, media, and various other sectors utilize these advancements to their advantage.
|No. of Pages
|2022 – 2028
|Estimated Market Value (USD) in 2022
|Forecasted Market Value (USD) by 2028
|Compound Annual Growth Rate
In this report, the North America Video Streaming Software Market has been segmented into the following categories:
North America Video Streaming Software Market, By Component:
- Transcoding & Processing
- Video Delivery & Distribution
- Video Analytics
- Video Management
- Video Security
North America Video Streaming Software Market, By Streaming Type:
- Video On-demand Streaming
- Live Streaming
North America Video Streaming Software Market, By Deployment Type:
North America Video Streaming Software Market, By End User:
- Broadcaster, Operators & Media
North America Video Streaming Software Market, By Country:
- United States
- Brightcove Inc.
- Kaltura Inc.
- Panopto, Inc.
- Haivision Systems Inc.
- Vimeo, Inc.
- VBrick Systems, Inc.
- Wowza Media Systems LLC
- IBM Corporation
- Microsoft Corporation
- Amazon Web Services, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/puk5ud
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- North American Video Streaming Software Market