Global Broadcast and Internet Video Software Market: Introduction
Communication service providers and broadcast network operators make digital video broadcasting encounter numerous contradicting requirements in order to uphold its growth arc and monetize the allied traffic. The prime inconsistency contained in the fact that the fundamental technology is constructed on a point-to-point technology imitating one-to-many broadcast technology. However, broadcasting through IP network may offer substantial advantages including the ability to offer various add-on services around the actual broadcast, which further allows access to extended, new customer groups and new audiences. Few recent trends in the global broadcast and internet video software market include the subscribers from various parts of the world are insisting to opt for more choice and control over the subscription and software that they are using.
Global Broadcast and Internet Video Software Market: Drivers and Challenges
A high demand in live video streaming is experienced among the internet users in order to socialize as this is the new trending thing among the youngsters. With the increase in adoption of smartphones and other smart devices, artificial intelligence and predictive intelligence, technology is playing an important role in driving the growth in revenue of global broadcast and internet video software market. Cyber-crime, data breaches and various piracy issues and numerous similar challenges are among the prime factors which are hinder the key players in the global broadcast and internet video software market to innovate and offer new technology to the customers and ensure data secrecy and security.
Global Broadcast and Internet Video Software Market: Segmentation
Global broadcast and internet video software market can be segmented by type of end-users, and application.
On the basis of type of end-users, global broadcast and internet video software market can be segmented into single user and multi-user.
On the basis of application, global broadcast and internet video software market can be segmented into media and entertainment, sports and gaming, others.
Global Broadcast and Internet Video Software Market: Regional Outlook
On the basis of regions, global broadcast and internet video software market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa. The Broadcast and Internet Video Software Market in North America and Europe is expected to have significant market share of the global broadcast and internet video software market due to technological advancements in the regions and easy adoption among population with better technological know-how. Many global key players of the broadcast and Internet video software market have their headquarters situated in these regions. Asia Pacific broadcast and internet video software market is expected to have foremost potential during the forecast period. broadcast and internet video software market in Latin America and Middle East and Africa is expected to register positive growth during the forecast period.
In April 2016, IBM Introduced Faspstream Software for live and near-live streaming of broadcast-quality video content over IP networks with low start-up delays and glitch-free experiences.
Global Broadcast and Internet Video Software Market: Competition Landscape
Some of the key players for broadcast and internet video software market include Accedo, Accenture LLP, ARRIS International plc., BAM Technologies, Brightcove Inc., Cisco Systems Inc., Comcast Technology Solutions, Ericsson, Imagine Communications Corp. and IBM Corporation.
The report covers exhaustive analysis on:
Regional analysis for Broadcast and Internet Video Software Market includes development of these systems in the following regions:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global broadcast and internet video software market is thriving on the back of augmenting demand for live video streaming by internet users. The growing culture of socializing on the internet in youth is pushing ahead the boundaries of the growth of the global market. Advanced technologies such as Artificial intelligence and predictive intelligence are primarily contributing to market expansion. Sigle users as well as multi-users are expected to generate significant revenue in the market as end-users. While media and entertainment sector is gaining preference as the application of these video softwares, the sports and gaming sector is known to generate lucrative growth opportunities in the market.
North America and Europe are projected to stay at the forefront in the market supported by fast-paced technological advancements in these regions. The Asia Pacific is expected to exhibit promising market growth in the coming years, followed by Latin America, the Middle East, and Africa.
Major market players are exploring opportunities in the developing marks. Many established players have their headquarters in the leading regions such as North America and Europe to benefit from the enhanced penetration of broadcast and internet video software services. Prominent market players are Accenture LLP, Cisco Systems Inc., Ericsson, IBM Corporation, Accedo, and ARRIS International plc.