🍿 2022-04-28 18:39:00 – Paris/France.
New York, United States, April 28, 2022 (GLOBE NEWSWIRE) — Market Overview:
According to a comprehensive research report by Market Research Future (MRFR), information on the “market for Streaming cloud video » by type Streaming, by Components, by Cloud Deployment, by Vertical and by Region – Forecast to 2030 “Market Size to Reach USD 21,54 Billion, Growing at a Compound Annual Growth Rate of 20,50% by 2030.
Scope of the market Streaming cloud video:
Growing consumer preference or shift to Streaming online versus traditional broadcast services will provide strong opportunities for the market for Streaming cloud video during the forecast period. Consumers' desire for services Streaming online is increasing, resulting in rapid growth of the market for Streaming cloud video. The cost of traditional broadcast services is considerable. As a result, consumers favor the services of Streaming online at low cost. According to an onboarding survey, many customers use the services of Streaming Internet for more than 6 hours per week. In recent years, the use of the services of Streaming increased by 59%. the Streaming Cloud video offers flexibility, convenience, cost effectiveness, and variety, to name a few benefits. This is a critical aspect that will increase the market adoption rate in the coming years. Geographically, traditional television has restrictions. The convenience of watching videos drives the expansion of the market.
The Dominant Key Players in the Cloud Video Market Streaming covered are:
- Akamai Technologies Inc. (USA)
- Haivision Hyperstream (USA)
- A-frame (UK)
- Sorenson Media (USA)
- Amazon Web Services (US)
- Microsoft Azure (US)
- Adobe Systems Incorporated (USA)
- Prohibited Technologies (UK)
- Encoding.Com (US)
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Exclusively encompassed USP market:
Market factors
Increased penetration of internet and mobile phone users to drive market growth
The market Streaming Cloud video is mainly driven by the penetration of mobile phones and Internet users. Media and entertainment platforms are increasingly adopted. Users can choose their own entertainment thanks to high internet speeds and mobile devices. With the services of Streaming video, you can get your enjoyment whenever and wherever you want. Online media is consumed by the majority of people. It provides users with more convenience and convenience. The use of the Internet for online media in the coming years will result in a high rate of product adoption. Due to the large number of internet users, the market is growing at a rapid pace. Moreover, the growing use of smartphones is beneficial for the overall expansion of the market. Smartphone users have helped make online video popular. Due to the widespread use of cell phones, there is a lot of traffic on the Internet. Total online traffic increases by more than 60%. This has caused an increase in the demand for the services of Streaming cloud video. The growth rate of the market is enormous, thanks to improved access and smart gadgets. Many customers use the Internet for more than 2,5 hours. More end users will be attracted to the market through the Streaming low cost video.
High cost of content creation to hold back the market
The high cost of content creation may act as a drag on the market during the forecast period. The price to stream content is on the rise. To offer quality and interesting content, the investment cost is automatically high. Also, the majority of users are fond of fresh content. In addition, the piracy of these services of Streaming video may also hinder the growth of the market.
Cyber attacks to act as a market challenge
Cyberattacks in the services of Streaming video may pose a challenge for the market during the forecast period. Cybercriminals Steal High-Value Content From Major Services Streaming. The cloud is a safe platform to use. The service has a significantly lower cybercrime rate than other platforms. A data breach can occur when personal information about users is exposed. In the market, it is possible for login credentials to be hacked. The growing number of security vulnerabilities may lead to a decline in the market adoption rate.
Browse the in-depth market research report (100 pages) on the market of Streaming cloud video:
https://www.marketresearchfuture.com/reports/cloud-video-Streaming-market-4122
Market Segmentation Covered by Research:
The market Streaming cloud video has been divided based on vertical, cloud deployment, type of Streaming and components.
By components, the market for Streaming Cloud Video is segmented into Video Hosting, Video on Demand and Streaming live.
By cloud deployment, the market for Streaming cloud video is segmented into hybrid cloud and private cloud.
By vertical, the market for Streaming Cloud video is segmented into government, education, media and entertainment.
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Regional analysis
APAC will dominate the market for Streaming cloud video
The market Streaming Cloud video will be dominated by Asia-Pacific. India, China and Japan are all part of this market. The rapid expansion of this market can be attributed to these critical regions. The increase in technological improvements has resulted in a high rate of adoption. In the Asia-Pacific region, cloud services are widely used. The market benefits from the presence of players in the Streaming cloud video. It is an extremely competitive environment with high demand from various industries. End users in the entertainment and education sectors are important. New product launches and developments are also expected in Asia-Pacific. Further opportunities for expansion will arise as the economy improves. Due to the superior technical innovation of countries such as India and China, the Asia-Pacific region is the fastest growing player in this market. The growth of the market for Streaming cloud-based video in the region is driven by increasing urbanization, business expansion, industrial developments and the development of the education sector. Due to the rise of computer network in this region, developing economies such as Japan, India, and China accounted for the largest market share.
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Impact of COVID-19 on the global market for Streaming cloud video
Due to the outbreak of the deadly COVID-19 pandemic, in December 2019, the activity of Streaming Cloud video has seen a rapid increase in recent months. Several countries have imposed lockdowns and closed businesses except for services needed due to the outbreak (allowed with minimal labor). Work-from-home policies have been imposed on other companies, resulting in a huge increase in customer interest in cloud video services. One of the leading companies in the market for Streaming cloud video is Amazon Web Services (AWS), a subsidiary of Amazon. It is a leading provider of cloud computing technology and its video services are accessible via REST and SOAP protocols over HTTP. A-frame is also a key player in the Streaming cloud-based video. It is a private cloud asset management platform specializing in professional TV and video production.
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