Market Size – USD 3.5 billion in 2018, Market Growth – CAGR of 12.6%, Market Trends – Digitalized workplaces.
The Video Streaming Software market is expected to grow from USD 3.5 billion in 2018 to USD 8 billion by 2026, at a CAGR of 12.6% during the forecast period. The growth of mobile and broadband services, increase in data traffic, increase of video streaming in industries, majorly for video training purposes and the rise of a need for transcoding to deliver videos to a large number of end-users are some of the driving factors of the market. Some other factors contributing to the growth of Video Streaming Software market are the emergence of optimized network bandwidth, extensive adoption in SMEs, high growth in the education sector and increased use of AI and video analytics to understand customer behavior.
Network connectivity and technical difficulties involved in streaming, content creation expenses and security concerns regarding video content may restrain the growth of the video streaming software market.
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Further key findings from the report suggest
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For this report, the market has been divided into segments on the basis of deployment type, components, verticals, and regional analysis.
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