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(Wireless-NewsWire.Com, April 18, 2019 ) The increasing need for transcoding to deliver videos to many end-users and the growing demand for on-demand services are some of the factors driving the growth of the market. Extensive opportunities in Small and Medium-Sized Enterprises (SMEs) and high growth in the education sector are expected to offer huge market opportunities in this market
MarketsandMarkets expects video streaming software market size 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%
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)
• Wowza Media Systems, LLC (Colorado, US)
The video streaming software market comprises software such as transcoding and processing, video management, video delivery and distribution, video analytics, and video security. The software is used to deliver videos over the internet, for corporate internet communication as well as for the live audience. Videos are a crucial element for corporate communications.
The video streaming software market comprises software such as transcoding and processing, video management, video delivery and distribution, video analytics, and video security. The software is used to deliver videos over the internet, for corporate internet communication as well as for the live audience. Videos are a crucial element for corporate communications.
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 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.
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Source: EmailWire.Com 
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