Global Video Processing Platform Market Size, Forecasts, And Opportunities
Learn about the global video processing platform market through The Business Research Company, which provides information on video processing platform market size, video processing platform market drivers and restraints, video processing platform market players, the COVID-19 impact on the video processing platform market, and more.
The global video processing platform market size is expected to grow from $5.73 billion in 2021 to $6.81 billion in 2022 at a compound annual growth rate (CAGR) of 18.9%. The change in the video processing platform market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The video processing platform market is expected to reach $13.11 billion in 2025 at a CAGR of 17.8%.
The increase in the number of internet users is expected to propel the growth of the video processing platform market over the forecast period.
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The video processing platform market consists of sales of video processing platforms by entities (organizations, sole traders, and partnerships) that provide standardized capabilities and multiple monetization models to video service providers. Video processing platforms use software, hardware, or both to edit the images and sound recorded in video files. A video platform is a video hosting service that enables users to publish, view, save, and broadcast video material over the internet.
Global Video Processing Platform Market Segments Include:
By Component: Hardware, Platform, Services
By Deployment Type: Public Cloud, Private Cloud, Hybrid
By Application: Video Upload and Ingestion, Dynamic Ad Insertion, Video Transcoding and Processing, Video Hosting, Content Rendering, Others
By Industry: Media and Entertainment, Defense, Government or Homeland Security, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global video processing platform market in 2021.
Technological advancements are shaping the video processing platform market. Key players operating in the video processing platform solutions market are focusing on developing advanced technological solutions to strengthen their position in the market.
TBRC’s video processing platform market report covers:
Major Market Players: Akamai Technologies, Imagine Communications, MediaKind, Ateme S.A., Kaltura Inc, Vantrix Corporation, Amagi, Apriorit, BASE Media Cloud, Blazeclan Technologies, Pixel Power Ltd., InPixal, Surf Communications Solutions Ltd., KritiKal Solutions Inc., and Morpho Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Video Processing Platform Global Market Report 2021: Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides video processing platform market overviews, analyses and forecasts market size, share, video processing platform market players, video processing platform market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s video processing platform market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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