(Entertainment-NewsWire.com, September 18, 2018 ) The Global Video Streaming Software Market was valued at USD 2.72 billion in 2016 and is projected to reach USD 12.61billion by 2025, growing at a CAGR of 18.2% from 2017 to 2025.
Video Streaming is a kind of data transfer in which the information from the streamed video is delivered in a continuous stream through the internet to a user that is then delivered to a remote user. Video streaming allows a user to view the video without having to download the video to a device. This kind of streaming allows for instant viewing and high privacy.
The video streaming market is driven by growth factors such as increasing use of videos in areas such as student and employee training, the growing demand for on-demand streaming and for transcoding to provide videos to a large number of users, as well as network bandwidth optimization. Some aspects that restrain the video streaming market from expanding is the cost of the service, the network connectivity that is necessary for the video streaming and the privacy concerns surrounding the streamed data.
About Us: Verified Market Research Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more expert concerns.