With the emergence and long-term Impact of COVID-19, Global Video Servers Market to reach USD 35.7 Billion by 2030
Bizwit Research & Consulting LLP’s Recent Analysis on Global Video Servers Market is poised to raise up to USD 35.7 Billion by 2030. Video Servers are hardware or software systems that store, manage, and distribute video content over a network. They enable efficient storage, retrieval, and streaming of video files for various applications such as video-on-demand, live streaming, and video surveillance.
The Video Servers Market is expanding because of factors such as the increasing number of OTT platforms and increasing adoption of media and entertainment. In addition, the rising adoption of cloud-based video servers and the rising integration of AI and machine learning in video streaming platforms would create a lucrative growth opportunity. However, the technical complexity and Content protection & copyright issues stifle market growth throughout the forecast period of 2023-2030.
Geographically, the global Video Servers market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market over the forecast period owing to the strong presence of major market players and a well-established IT infrastructure, driving the increased adoption of video servers across industries such as broadcasting, media, and entertainment. Asia Pacific is the fastest growing region over the forecast period, owing to factors such as increasing adoption of OTT platforms, the proliferation of smartphones, and the rising internet penetration that are driving the demand for video servers in this region.
The global Video Servers market is highly competitive owing to the presence of several key manufacturers such as Brightcove, Inc., Akamai Technologies, Inc., Enghouse Systems Ltd, International Business Machines Corporation, Harmonic Inc, Cisco System Inc, Arris International Limited, and others.
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Key findings of the study suggest:
- Global Video Servers Market is anticipated to grow with a healthy growth rate of more than 18.3% over the forecast period 2023-2030.
- In the Component segment, Solutions emerged out as the leading market segment in 2022.
- In the Streaming Type, Live Streaming emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth Owing to the strong presence of major market players and a well-established IT infrastructure, driving the increased adoption of video servers across industries such as broadcasting, media, and entertainment.
- Asia-Pacific is expected to grow at fastest rate followed by North America during 2023-2030.
Bizwit Research & Consulting has considered following segments for the study:
Component:
- Solution
- Services
Streaming Type:
- On-Premises
- Cloud
Deployment:
- Live Streaming
- Video-on-Demand (VoD) Streaming
Delivery Channel:
- Pay-Tv
- Internet Protocol TV (IPTV)
- Over-The-Top (OTT)
Monetization Model:
- Subscription-Based
- Advertising-Based
- Transaction-Based
Vertical:
- Media and Entertainment
- BFSI
- Academia and Education
- Healthcare
- Government
- Other Verticals
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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