USD 12.3 billion
Report ID:
SQMIG45E2306 |
Region:
Global |
Published Date: November, 2024
Pages:
197
|Tables:
0
|Figures:
0
Video Streaming Software Market size was valued at USD 12.3 billion in 2023 and is poised to grow from USD 14.66 billion in 2024 to USD 59.76 billion by 2032, growing at a CAGR of 19.2% during the forecast period (2025-2032).
The video streaming software sector has been bearing some significant trends and changes in recent years, reflective of the dynamism in the digital environment. The most conspicuous of the present trends is the wild proliferation of subscription streaming services. There is an increase in demand for subscription streaming systems as consumers have grown used to on-demand entertainment. The change in the industry that took place due to switching from traditional television channels to streaming services was sufficient to require investment in streaming platforms by the major media houses when trying to remain competitive. Such a trend has given rise to advancements in video streaming software, emphasizing integration with social networks, low-latency streaming, as well as interactive chat functionalities.
As more people are using cloud-based solutions to distribute video content, the industry is growing. Most countries in North America and Europe exhibit this tendency. It is expected that future technological advancements will meet customers' high expectations for video quality, security, and performance. As the competitive landscape for the global video streaming software industry has greatly changed with major entry from tech behemoths, they are simply now entering the provision of streaming services just to give consumers a complete entertainment experience using relevant platforms in their existing ecosystems. They have set this trend of excellent production of original content, which has led other services to invest heavily in original, high-quality content with the intent to attract customers and retain them.
Market snapshot - 2025-2032
Global Market Size
USD 12.3 billion
Largest Segment
Solutions
Fastest Growth
Services
Growth Rate
19.2% CAGR
To get more reports on the above market click here to Buy The Report
Global Video Streaming Software Market is segmented by Type, Solution, Platform, Service Industry, Revenue Model, Deployment, User and region. Based on Type, the market is segmented into Live Video Streaming and Non-Linear Video Streaming. Based on Solution, the market is segmented into Internet Protocol TV, Over-the-Top (OTT) and Pay-TV. Based on Platform, the market is segmented into Gaming Consoles, Laptops & Desktops, Smartphones & Tablets and Smart TV. Based on Service Industry, the market is segmented into Consulting, Managed Services and Training & Support. Based on Revenue Model, the market is segmented into Advertising, Rental and Subscription. Based on Deployment, the market is segmented into Cloud and On-Premises. Based on User, the market is segmented into Enterprise and Consumer. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
As per categorization by offering, the market is classified as solutions, and services. Among these, solutions earned the largest share and continues to hold the dominant global video streaming software market share. The solutions segment dominates the global video streaming software market due to its ability to meet growing demand for seamless content delivery, adaptive streaming, and enhanced user experience. With the introduction of innovations like cloud-based encoding, artificial intelligence content recommendations, and advanced analytical tools, organizations are enabled to harness the full power of streaming performance while maximizing audience engagement. With the rapid proliferation of uses ranging from entertainment to education, corporate to individual involvement, these applications cover the entire spectrum of use data-from live streaming, to on-demand video, right through to secure distribution content-all spurring on their overall uptake and dominance in the marketplace.
The services segment is projected to grow fastest in the global video streaming software market due to increasing demand for expert consultation, deployment, and ongoing support for streaming solutions. Organizations are emphasizing development such as scalability, better performance and high security that will lead an organization to need managed and professional services. Increasing complexity in technologies such as artificial intelligence, cloud computing, and CDN integrations into video streaming platforms has necessitated some companies to seek customized services in implementing these technologies now and maintaining them afterward. Moreover, the increasing subscription-based model and continuous updates have further made users dependent on service providers.
Subscription-based models dominate the global video streaming software market due to their flexibility, affordability, and ability to provide consistent revenue streams for providers. The usage of tiered pricing, individualized content suggestions powered by AI and cross-device access has indeed brought forth new innovations in the retention and engagement of users. Such models cover a very broad audience, offering ad-free consumption, exclusive content and customized subscriptions. As subscription has become the best option for users and providers due to the exponential rise of OTT platforms along with changing consumer preferences toward paid entertainment, it can well be said that subscriptions will be beneficial to ensure growth and long-term customer loyalty which is a pillar to the reigning seat of power in the video streaming software industry.
The advertising-based model is poised to be the fastest-growing segment in the global video streaming software market due to its ability to offer free or low-cost content while generating significant revenue through targeted ads. They already help advertisers to reach yet more audiences by efficiency with even personalized ad delivery, and enhancements for programmatic advertising and AI-based audience analytics. The very movement toward ad-supported delivery has been especially promising for emerging markets speedily catching up with internet penetration and mobile adoption. Thus, advertising-based video streaming services are expected to see a surge and a high-paced growth curve, transforming not only the segment but also the overall market space as businesses want to cast larger nets in an affordable price range.
To get detailed analysis on other segments, Request For Free Sample Report
North America dominates the global video streaming software market due to its advanced technological infrastructure, high internet penetration, and strong presence of leading streaming providers like Netflix, Amazon Prime Video, and Hulu. The region has already opened more to the new technologies of AI, cloud computing, and 5G to enhance both the quality of and experience with streaming applications. The demand for OTT content instigated by a tech-savvy population and huge investments in content production drives the market. Moreover, as companies engage more and more employees with corporate communications, training, and marketing through the new technology of video streaming, the adoption of software increases. It is in North America that the innovation-driven ecosystem along with an established end-user base continues to keep it the leading market.
Europe is the fastest-growing region in the global video streaming software market due to increasing demand for on-demand content, supported by high-speed internet access and expanding mobile connectivity. The growth of the domestic streaming platforms together with the demand for more multilingual content drives market growth. Coupled with this is the swift adoption of digitalization and OTT services in the region as a result of changing consumer preferences, thus shifting from traditional TV. All these factors uplift the ground for streaming solutions. Investments in technology innovation, content licensing, and setting up the regulatory framework also promote the adoption of video streaming software. All this positions Europe as an important region in creating growth opportunities.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Increasing Consumer Demand for On-Demand Content
Technological Advancements in Streaming Platforms
Data Privacy and Security Concerns
Content Licensing and Regional Restrictions
Request Free Customization of this report to help us to meet your business objectives.
Innovative global giants are always competing with one another in the global video streaming software market to keep improving their user experience and expand market share. Leading companies in the market include Netflix, Amazon Prime Video, Hulu, YouTube and Disney+, who use technologies such as AI and cloud infrastructure along with personalized content. Other contributors include tech companies such as Microsoft, Google, and Akamai that provide the infrastructure, content delivery networks, and streaming solutions, further strengthening the global video streaming software market growth and dynamics.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global video streaming software markets today witness a rapid speed of growth considering the huge amounts of advancement in technology as well as the constantly shifting consumer preference. On-demand streaming platforms are nipping at the traditional TV broadcasts, and this is reflected in a growing number of innovations like AI-driven recommendations for better cloud-based solutions.
United States sustained its supremacy owing to its solid infrastructure. However, Europe is on the fast track to transforming itself into the strongest growing region due to the increasing demand for digital content and local streaming services. Challenges posed by data privacy and content licensing exist and will remain still to be counteracted; however, investments continue to fuel the market with innovation.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 12.3 billion |
Market size value in 2032 | USD 59.76 billion |
Growth Rate | 19.2% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Video Streaming Software Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Video Streaming Software Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Video Streaming Software Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Video Streaming Software Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
Video Streaming Software Market size was valued at USD 11.01 Billion in 2023 and is poised to grow from USD 13.02 Billion in 2024 to USD 49.95 Billion by 2032, growing at a CAGR of 18.3% during the forecast period (2025-2032).
Key vendors in Video Streaming Software Market are: 'Netflix (USA)', 'Amazon Prime Video (USA)', 'Hulu (USA)', 'Disney+ (USA)', 'YouTube (USA)', 'Apple TV+ (USA)', 'Tencent Video (China)', 'iQIYI (China)', 'Vudu (USA)', 'Sling TV (USA)', 'Rakuten TV (Japan)', 'ViacomCBS (Paramount+) (USA)', 'BBC iPlayer (UK)', 'DAZN (UK)', 'Zattoo (Switzerland)'
On-demand content-oriented consumers are the largest demographic behind the digital video streaming software market. Customers are turning from their traditional televisions to their preferred shows and movies at times as well as in live events across the globe, increasing such demand for streaming providers to improve their software offerings.
Rise of Hybrid Monetization Models in Streaming Platforms: Many video streaming platforms are adopting hybrid monetization models that combine subscription-based, ad-supported, and pay-per-view strategies. By making premium content more accessible and affordable, this trend allows providers to take their services further and wider into revenue streams and audience types.
North America dominates the global video streaming software market due to its advanced technological infrastructure, high internet penetration, and strong presence of leading streaming providers like Netflix, Amazon Prime Video, and Hulu. The region has already opened more to the new technologies of AI, cloud computing, and 5G to enhance both the quality of and experience with streaming applications. The demand for OTT content instigated by a tech-savvy population and huge investments in content production drives the market. Moreover, as companies engage more and more employees with corporate communications, training, and marketing through the new technology of video streaming, the adoption of software increases. It is in North America that the innovation-driven ecosystem along with an established end-user base continues to keep it the leading market.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG45E2306
[email protected]
USA +1 351-333-4748