Global Video Streaming Software Market Forecast to 2025 with IBM, Brightcove, Kaltura, Panopto, Qumu, VBrick, and Mediaplatform Dominating
DUBLIN, Sept. 23, 2020 /PRNewswire/ — The “Video Streaming Software Market by Component (Solutions and Services), Streaming Type (Live Streaming and Video on Demand Streaming), Deployment Type (Cloud and On-premises), Vertical, and Region – Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global video streaming software market size is expected to grow from USD 6.1billion in 2020 to USD 15.0billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.7% during the forecast period.
Some of the major vendors offering video streaming software across the globe include IBM, Brightcove, Kaltura, Panopto, Qumu, VBrick, and Mediaplatform.
The major factors driving the growth of the video streaming software market include increasing penetration of mobile devices and internet users, and growing demand for VoD streaming, impact of COVID-19 pandemic and growing need for transcoding to deliver videos to maximum end users.
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