Managed services deliver highly evolved media services to the viewers, helping them achieve a better quality of content with higher monetization. It is owing to a feature that OTT-based solutions deliver film and TV content through the internet without the need for users to subscribe to traditional cable or pay-TV services. Avail customized purchase options to meet your exact research needs: "The quality of research they have done for us has been excellent...". 7 min read. For instance, in March 2020, the viewership of Twitch increased by 31%. Due to the rise in the demand for digital content from various sources, different live streaming platforms, including Twitch, YouTube Live, Facebook Live, etc. Privacy Policy. The consumer segment accounted for the largest revenue share of 51.2% in 2019. When it comes to internet platforms, industry insiders expect the next big wave to come from platforms other than Facebook or Instagram, where any live stream is buried in a rapidly changing newsfeed. This has resulted in increased demand for online streaming and entertainment services. b. Managed services help combine broadcast and OTT solutions into one online video management solution to provide a personalized experience to viewers. While the technology is still being explored, there are some current low latency proprietary solutions, with a new wave of cloud based streaming options such as Limelight Video Acceleration and Wowza Streaming Cloud with Ultra Low Latency. This collaboration has enabled high-quality live and non-linear video content. Explore purchase options. This is attributed to the easy accessibility of the internet, increasing disposable income, better standards of living, and changing lifestyles. For this study, Grand View Research has segmented the global video streaming market report based on streaming type, solution, platform, service, revenue model, deployment type, user, and region: Streaming Type Outlook (Revenue, USD Billion, 2016 - 2027), Solution Outlook (Revenue, USD Billion, 2016 - 2027), Platform Outlook (Revenue, USD Billion, 2016 - 2027), Service Outlook (Revenue, USD Billion, 2016 - 2027), Revenue Model Outlook (Revenue, USD Billion, 2016 - 2027), Deployment Type Outlook (Revenue, USD Billion, 2016 - 2027), User Outlook (Revenue, USD Billion, 2016 - 2027), Regional Outlook (Revenue, USD Billion, 2016 - 2027). The smartphones and tablets accounted for the largest revenue share of over 31% in 2019. Anya Wassenberg is a Senior Writer and Digital Content Editor at Ludwig Van. This website is secure and your personal details are safe. This is attributed to surging demand for digital media devices coupled with faster internet helping consumers to access media content remotely. That growth can be exponential. The live streaming segment accounted for the largest revenue share of over 60% in 2019. This report has a service guarantee. The live streaming segment accounted for the largest revenue share of over 60% in 2019. Our support available to help you 24 hours a day, five days a week. This trend is majorly observed in the countries of North America and Europe. Though some of his creations have been overexposed, there are still others waiting to be discovered. Twitch has been at the forefront of using low latency tech as well as video game streaming. The technology improves the communication efficiency in an organization through measures, such as on-demand video, and flexibility in remote working conditions, which will drive the segment further. The subscription model accounted for the largest revenue share of over 43% in 2019 and will expand further at a steady CAGR from 2020 to 2027. Turn on desktop notifications for breaking news? Think of it as a lag time. If live streaming is here to stay, however, there are still some technical hurdles to be overcome. Which segment accounted for the largest video streaming market share? Under this partnership, the data visualization solutions of Hive Streaming are joined with the broad network optimization offering of Kaltura, Inc., including Kaltura eCDN along with additional network optimization and video delivery solutions. There are plenty of paid streaming solutions such as Zoom, IBM Cloud Video, Vimeo Enterprise, and Brightcove that cater to business clients and facilitating video-conferencing. TSO violist Diane Leung talks about getting fit, her cat Siggi, and other insights gained during this pandemic year. Reducing latency typically also reduces the amount of available buffering when it comes to video playback. Due to easy access and portability, smartphones and tablets are more likely to be preferred for online content watching.

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