Asia Pacific Video Streaming Software Market By Component (services and solutions), By deployment (On-premises and Cloud), By streaming type (Live Streaming and Video-On-Demand Streaming), By End User (media & entertainment, BFSI, academia & education, healthcare, government, and other verticals), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Video Streaming Software Market would witness market growth of 17.7% CAGR during the forecast period (2021-2027).
Software like video management, transcoding & processing, video analytics, video delivery and distribution, and video security fall under the domain of video streaming software market. It is utilized to offer videos on the internet, for the live audience and corporate internet communication. Videos play an important role in corporate communications.
There is high utilization of videos among numerous educational institutions in order to improve the learning process like visual recordings of webinars and courses. The usage of visual recordings noticeably improved the capability of students to absorb information. Consequently, schools, colleges, and universities have been developing multimedia content and offering it in the form of video presentations.
Developing nations like India and China are witnessing a rapid pace of technological advancements, which would support the demand for various advanced solutions including video streaming software. The low rates of high-speed internet are facilitating the users to consume more video content. In addition, the availability of low-cost smartphones with advanced features is flourishing the digital space of the region.
The On-premise market dominated the Asia Pacific Video Streaming Software Market by Deployment Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,348.5 million by 2027. The Cloud market is experiencing highest CAGR of 19.1% during (2021 - 2027).
Based on Component, the market is segmented into services and solutions. Based on deployment, the market is segmented into On-premises and Cloud. Based on streaming type the market is segmented into Live Streaming and Video-On-Demand Streaming. Based on End User market is fragmented into media & entertainment, BFSI, academia & education, healthcare, government, and other verticals. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Brightcove, Inc., Panopto, Inc., Kaltura, Inc., Vimeo.com, Inc. (IAC Group), Qumu Corporation, Haivision Systems Inc., Sonic Foundry, Inc., Plantronics, Inc. (Polycom, Inc.), and Vbrick Systems, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Live Streaming
- Video-On-Demand Streaming
By End User
- Media & Entertainment
- Academia & Education
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Brightcove, Inc.
- Panopto, Inc.
- Kaltura, Inc.
- Vimeo.com, Inc. (IAC Group)
- Qumu Corporation
- Haivision Systems Inc.
- Sonic Foundry, Inc.
- Plantronics, Inc. (Polycom, Inc.)
- Vbrick Systems, Inc.
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