Home > Media & Technology > Media and Entertainment > Audio Video > Video Streaming Software Market

Video Streaming Software Market Share

  • Report ID: GMI10346
  • Published Date: Jul 2024
  • Report Format: PDF

Video Streaming Software Market Share

IBM and Akamai Technologies held a significant share of over 10% in the video streaming software industry. With its IBM Watson Media platform, which offers complete live and on-demand video streaming solutions, IBM has a sizable market share in video streaming software. Watson Media provides services including video analytics, targeted content delivery, and automated closed captioning by utilizing IBM's cloud infrastructure and AI capabilities.
 

With the help of IBM's enterprise-grade solutions, businesses in a variety of sectors, such as corporate communications, education, and media and entertainment, can effectively manage, distribute, and monetize their video content. The platform is a top option for companies wishing to improve their video streaming capabilities owing to its strong security, scalability, and integration with other IBM technologies. IBM's notable stake in the industry is a result of its robust market presence, wealth of experience in corporate solutions, and ongoing innovations in AI and cloud technologies.
 

The Akamai Intelligent Edge Platform, which is well-known for its CDN capabilities, gives Akamai Technologies a significant video streaming software market share in the video streaming software sector. With a seamless viewing experience even during periods of high traffic, Akamai's infrastructure optimizes content delivery, lowers latency, and boosts security to guarantee high-quality video streaming. OTT providers and broadcasters may efficiently reach a global audience with the help of Akamai's media delivery technologies, which support a wide range of video formats and devices.
 

Akamai is a market leader in video streaming owing to its low latency streaming capabilities and emphasis on security. Other security features include content protection and anti-piracy techniques. With collaborations with major content suppliers and broadcasters, Akamai maintains a considerable market share owing to its extensive network infrastructure, ongoing technological improvements, and market share.
 

Video Streaming Software Market Companies

Major players operating in the video streaming software industry are:

  • IBM
  • Akamai Technologies
  • Brightcove Inc.
  • Vimeo
  • Kaltura
  • Haivision
  • Wowza
     
Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size of video streaming software reached USD 12.2 billion in 2023 and is set to grow at a CAGR of over 15% between 2024 and 2032, backed by the need for Over-the-Top (OTT) services and widespread use of live streaming.

The service segment is expected to register a CAGR of 18% during 2024-2032, as these solutions support the delivery, management, and enhancement of video content.

North America market accounted for a revenue share of over 35% in 2023, due to the region's high internet penetration rate, broad use of cutting-edge technology, and rising demand for online content.

IBM, Akamai Technologies, Brightcove Inc., Vimeo, Kaltura, Haivision, and Wowza among others.

Video Streaming Software Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 218
  • Countries covered: 21
  • Pages: 210
 Download Free Sample