Video Streaming Software Market Is Projected To Grow At A CAGR Of Over 24% and will reach USD10 billion by 2023
The global video streaming software market stood at around USD2 billion in 2017 and is projected to grow at a CAGR of over 24%, to cross USD10 billion by 2023, on the back of mobile and broadband infrastructure enhancements, rise in data traffic across various smart devices and development of audio and video compression techniques, etc. across the globe. Moreover, increasing network bandwidth for fulfilling rising demand among users to view videos on multiple screens, growing deployment of video analytics as well as artificial intelligence for enhancing user experience and surging demand for video streaming across education sector are expected to boost global video streaming software market in the coming five years. Years considered for this report: Historical Years: 2013-2016 Base Year: 2017 Estimated Year: 2018 Forecast Period: 2019–2023 Click here to download the brochure Objective of the Study: To define, classify and forecast the global video streaming software marke...