Increasing Cloud Based Deployment to Push Europe Video Streaming Software Market to $ 2.6 Billion by 2023
Rising
adoption of technologically advanced video streaming solutions along with shift
from traditional broadcasting platform to online broadcasting platform to drive
Europe video streaming software market through 2023
According to TechSci Research
report, “Europe Video Streaming Software Market By Component,
By Streaming Type, By
Deployment Type, By End User, By Country, Competition Forecast &
Opportunities, 2013 - 2023’’, Europe
video streaming software market is projected to cross $ 2.6 billion on
account of shift from traditional broadcasting platforms to online broadcasting
platform and rising preference for technologically advanced video streaming
solutions across the region. An increasing number of video streaming software
companies are operating across the region to offer their solutions and services
to diverse end user segments across European countries. Additionally, growing
adoption of video analytics and artificial intelligence coupled with rising OTT
penetration across the region is expected to further propel growth in Europe video
streaming software market in the coming five years.
Browse 47 Figures spread through 66 Pages and an
in-depth TOC on "Europe
Video Streaming Software Market"
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On the basis of deployment type, Europe video
streaming software market is categorized into On-premise and Cloud. Of these,
the former had dominated the market in 2017 and is anticipated to continue
dominating during forecast period as well. However, in the coming years, cloud-based
deployment mode is anticipated to rise at a swift pace due to rising shift of
end users towards cloud to save their video content as it is cost effective and
enables enhanced mobility. Brightcove, Inc., IBM
Corporation, Haivision Systems, Inc., Kaltura, Inc., Ooyala, Inc., Wowza Media
Systems, LLC, etc., are the major companies operating in Europe video streaming
software market.
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In 2017, United Kingdom accounted
for the highest value share in Europe video streaming software market, on the back
of growing technological developments, rising deployment of high technology
solutions and services across the country. “With rising penetration of OTT
solutions and services across Europe, demand for advanced video streaming
services is also experiencing an increase across the region. Moreover, deployment
of enhanced content delivery formats is increasing across the region, which is further
anticipated to steer growth in Europe video streaming software market during
the forecast period.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Europe Video Streaming
Software Market By Component, By Streaming Type, By
Deployment, By End User, By Country, Competition Forecast & Opportunities, 2013
- 2023”
has evaluated the future growth potential of Europe video streaming software market
and provides statistics and information on market size, structure and future market
growth. The report offers decision makers superior market intelligence, thereby
enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends
as well as drivers, challenges and opportunities in Europe video streaming
software market.
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