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Video Streaming Market to Exhibit 12.0% CAGR by 2027; Rising Need for Entertainment Owing to COVID-19 Pandemic will Favor Growth: Fortune Business Insights™

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Pune, India, March 23, 2021 (GLOBE NEWSWIRE) — The global video streaming market size is anticipated to exhibit remarkable growth owing to the advent and increasing popularity of digital video streaming worldwide. Video streaming, in simple terms, means the running of continuous media in a compressed audio and video form without waiting to download the content from the internet. A recently published report by Fortune Business Insights, titled, “Video Streaming Market Size, Share & Industry Analysis, By Component (Hardware, Software, Content Delivery Services), By Streaming Type (Live Video Streaming, On-demand Video Streaming), By Streaming Model (Advertisement-based, Subscription-based, Transactional-based/Rental), By Deployment (On-Premise, Cloud), By End-Use (Commercial, Residential), and Regional Forecast, 2020-2027,” predicts that the value of the market was USD 342.44 billion in 2019 and is expected to rise at 12.0% CAGR between 2020 to 2027. It is set to reach USD 842.93 billion by 2027.

Most of the industries today are at a standstill and are facing huge losses owing to the current outbreak of the COVID-19 pandemic. However, every cloud has a silver lining. With the help of government support, it is possible to fight the contagious disease and we all hope to come out of this situation at the earliest possible. We are offering impact analysis on various markets that have been affected by the coronavirus widespread and the necessary measures adopted by them to draw out revenue.

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Regional Analysis-

Asia Pacific to Grow Rapidly on Account of Increasing Penetration of Smartphones

Geographically, North America earned USD 148.20 billion in 2019 in terms of share. This is attributable to the presence of advanced network infrastructure and high internet connectivity.

The U.S. alone consists of more than 200 streaming service providers. Additionally, the COVID-19 pandemic has propelled people to stay safe at home and opt for home streaming, wherein video gaming and OTT services have gained traction. Similarly, the Video Streaming Market in Asia Pacific is likely to grow fast and exhibit high CAGR in the forecast period on account of the presence of tech-savvy population and the advent of smartphones with HD quality resolution, apt for video streaming. This, coupled with the availability of better network at cost-efficient rates that propels viewers to opt for live streaming instead of downloading content are expected to help this region witness rapid growth in the coming years.

What are the Report Highlights?

The Video Streaming Market report offers a comprehensive overview of the market and its major growth prospects such as drivers, restraints, challenges, and upcoming opportunities. It also throws light on s the current industry trends, major developments, and other interesting insights useful for this market. It further discusses the nature of the market competition, list of players and their key strategies to stay put in the competition. It also describes the table of segmentation and the names of the leading segment with market figures. The report is provided on the company website.

Click here to get the short-term and long-term impact of COVID-19 on this Video Streaming Market.

Please visit: https://www.fortunebusinessinsights.com/video-streaming-market-103057

Drivers & Restraints-

Segment-

Content Delivery Services Segment to Cover Major Share Owing to their Impactful and Effective Features

In 2019, the content delivery services segment earned 88.4% video streaming market share as they are majorly used in wildlife broadcasting, product and services promotions, and online classes, among others. Under this segment, the OTT services sub-segment is expected to rise remarkably on account of its low-cost and flexible model. This segment requires a minimum network infrastructure as compared to the high-cost support involved for streaming IPTV and pay-TV.

Increasing Penetration of Smartphones with Quality Resolution to Add Impetus to Market

The advent of digitalization into entertainment media is a significant factor in boosting this market. In addition to this, the penetration of smartphones and the increasing popularity of live videos are also propelling the video streaming market growth. Furthermore, due to the outbreak of COVID-19, people are choosing to stay safe at home. Besides video streaming for entertainment purposes, many educational and medical institutions are adopting this medium to continue serving the public interest, education, and welfare, thereby aiding in the expansion of the Video Streaming Market.

On the contrary, latency and bandwidth issues and unauthorized platforms may pose a significant challenge to the market, both in terms of poor quality video and loss of personal and financial details. Nevertheless, the drastic increase in the number of over-the-top (OTT) platforms and subscribers are likely to create lucrative growth opportunity in the future.

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Competitive Landscape-

Collaborations and Joint Ventures to Help Companies Hold Prominent Positions in Market

Currently, companies such as Brightcove Inc. have a strong portfolio in the Video Streaming Market as they are offering various services. These include cloud-based video encoding services, Zencoder, online video platform, video cloud, Brightcove beacon, Video Marketing Suite, Beacon, Brightcove Campaign, Enterprise Video Suite, OTT Flow, and others. Other players such as Kaltura Inc., Apple Inc., and others are engaging in joint ventures, collaborations, and partnerships with local companies to enter new geographies and generate better revenue in the future.

Key Industry Developments of the Market include:

October 2019 – Marketo Engage and Brightcove Inc. entered into a partnership for incorporating video content into their marketing strategies.

June 2019 – Tencent, a China-based company launched a video streaming service called WeTv in Thailand, wherein Chinese content was streamed under Thai dubbing.

List Of Key Companies Profiled In Video Streaming Market:

  • Wowza Media Systems, LLC
  • Walt Disney Company
  • Tencent 
  • Roku, Inc.
  • Netflix, Inc.
  • Kaltura, Inc.
  • iQIYI
  • IBM Corporation
  • Google LLC
  • Cisco Systems, Inc.
  • Brightcove, Inc.
  • AT&T, Inc.
  • Apple, Inc.
  • Amazon.com, Inc.
  • Akamai Technologies
  • Other vendors

Quick Buy – Video Streaming Market: https://www.fortunebusinessinsights.com/checkout-page/103057

Table Of Content:

  • Introduction
    • Definition, By Segment
    • Research Approach
    • Sources
  • Executive Summary
  • Market Dynamics
    • Drivers, Restraints, and Opportunities
    • Emerging Trends
  • Key Insights
    • Macro and Micro Economic Indicators
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
    • Key Industry Developments – In Response to the COVID-19 Impact
    • Consolidated SWOT Analysis of Key Players
    • Porter’s Five Force Analysis
  • Global Video Streaming Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Size Estimates and Forecasts
      • By Component (Value)
        • Hardware
          • Gaming Console
          • Media Streamers
            • Streaming Box
            • Streaming Sticks
          • Encoder
        • Software
          • Transcoding and Processing
          • Video Delivery and Distribution
          • Video Management
          • Others
        • Content Delivery Services
          • Pay TV
          • Internet Protocol TV (IPTV)
          • Over-the-Top (OTT)
      • By Streaming Type (Value)
        • Live Video Streaming
        • On Demand Video Streaming
      • By Streaming Model (Value)
        • Advertisement-Based
        • Subscription-Based
        • Transactional-Based
      • By Deployment (Value)
        • On-Premise
        • Cloud
      • By End-User (Value)
        • Commercial
        • Residential
      • By Region (Value)
        • North America
        • Europe
        • Asia Pacific
        • Middle East and Africa
        • Latin America
  • North America Video Streaming Market Analysis, Insights and Forecast, 2016-2027
    • Key Findings / Summary
    • Market Size Estimates and Forecasts
      • By Component (Value)
        • Hardware
          • Gaming Console
          • Media Streamers
            • Streaming Box
            • Streaming Sticks
          • Encoder
        • Software
          • Transcoding and Processing
          • Video Delivery and Distribution
          • Video Management
          • Others
        • Content Delivery Services
          • Pay TV
          • Internet Protocol TV (IPTV)
          • Over-the-Top (OTT)
      • By Streaming Type (Value)
        • Live Video Streaming
        • On Demand Video Streaming
      • By Streaming Model (Value)
        • Advertisement-Based
        • Subscription-Based
        • Transactional-Based
      • By Deployment (Value)
        • On-Premise
        • Cloud
      • By End-User (Value)
        • Commercial
        • Residential
      • By Country (Value)
        • The U.S.
        • Canada 

TOC Continued…!

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Web Hosting Services Market Size, Share & COVID-19 Impact Analysis, By Type (Shared Hosting, Dedicated Hosting, Collocated Hosting, Virtual Private Server Hosting, and Others), By Application (Public Website, Mobile Application, Intranet Site, and Online Application), By Deployment (Public Cloud, Private Cloud, and Hybrid Cloud), and Regional Forecast, 2021-2028

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Read Press Release https://www.fortunebusinessinsights.com/press-release/video-streaming-market-10038

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Artificial Intelligence

Exiger Launches Proactive Intelligence, Led by Fortune 500 Intelligence and Supply Chain Executive Mary Luciano

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Supply chain AI leader introduces new proactive capability, empowering organizations to cut through noise and outpace disruption
WASHINGTON, May 6, 2024 /PRNewswire/ — Exiger, the market-leading supply chain and third-party risk AI company, today launched a new Proactive Intelligence capability to empower major corporations and governments with advanced predictive risk analytics, complete and accurate supplier data, and insights into supply chain crises – from natural disasters to infrastructure failures and geopolitical conflicts – as they arise.

Development and deployment will be led by Exiger’s new Vice President & Global Head of Proactive Intelligence, Mary Luciano, who previously led the Supply Chain Risk Management and Intelligence Team at Amazon Web Services (AWS) and the Global Intelligence Team at Hilton, in addition to a significant tenure as an FBI Intelligence Analyst. Luciano brings an incredible depth of experience in crisis response, global regulation, supply chain resilience, counterrorism, intelligence analysis and supplier risk management.
“We hired Mary to spearhead a proactive resilience capability that’s essential to our customers’ ability to navigate an environment that brings new supply chain crises every day and demands more sophisticated, longer-term risk forecasting,” said Exiger CEO Brandon Daniels. “Mary will be a powerful asset for our customers, bringing first-hand experience leading responses to major disruptions and managing global operations at massive organizations and reacting to real-time threats in domains like counterrorism.”
Organizations are overwhelmed with a growing landscape of supply chain data that’s rife with inconsistencies. Exiger is leading the market in creating proprietary supplier, product and market data that provides a complete picture of an organization’s supplier ecosystem and proactively surfaces where fundamental shifts are emerging as well as where disruption is likely to occur. Luciano will oversee the new Proactive Intelligence capability, which will allow customers to prioritize the insights that impact them, both long-term as their risk landscape evolves and in the moment as crises strike. 
Proactive Intelligence will serve as an advanced overlay on top of 1Exiger, providing customers a real-time operational control experience to see how different events will impact them upstream, taking into account regulatory requirements, unique industry constraints, key associations, potential vulnerabilities and breaking developments as they unfold. Harnessing the power of Exiger’s AI, the advanced automated capability combines firmographic data, regulatory mapping and LLMs.
“I’m thrilled to join Exiger to deploy a capability that’s desperately needed,” said Luciano. “For all the data aggregators and solutions on the market, there’s a dearth of supply chain intelligence; Exiger is one of the only tools that offers comprehensive data and actionable insights. This leaves some organizations to make critical risk and compliance decisions with months-old supplier data that’s often incomplete or missing altogether, without taking into account recent changes, accuracy, the need for verification, the nuance around how a supplier is really associated with their organization and the larger value chains implicated. Exiger is already the leader in automated, relevant insight, and this new capability moves our customers even further down the decision curve.”
Proactive Intelligence will officially launch at Gartner’s Supply Chain Symposium/Xpo™ 2024 in Orlando, Florida, on May 6 – 8, 2024. Exiger is a Platinum sponsor for this year’s event. On May 7, Daniels will lead a session with Hope for Justice / Slave Free Alliance CEO Tim Nelson on “Empowering Ethical Sourcing: Eliminating Modern Slavery with Supply Chain Intelligence.” For more information on Proactive Intelligence, visit Exiger’s exhibitor booth (booth #542).
About Exiger
Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions. Exiger’s mission is to make the world a safer and more transparent place to succeed. Empowering its 550 customers across the globe, including 150 in the Fortune 500 and over 55 organizations across the Defense Industrial Base and government agencies, with award-winning AI technology, Exiger leads the way in ESG, cyber, financial crime, third-party and supply chain management. Named one of Fast Company’s 2023 ‘Brands That Matter’ and recipient of the Third Party Risk Association’s 2024 Innovator Award, Exiger’s work has been recognized by 40+ AI, RegTech and Supply Chain partner awards. Learn more at Exiger.com and follow Exiger on LinkedIn.
For more information, please contact:Kody GurfeinChief Marketing Officer for [email protected] 
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ICEYE Announces API That Allows Customers to Directly Task World’s Largest SAR Satellite Constellation

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Two new application programming interfaces (APIs) launched as the first in ICEYE’s wider API ecosystem, empowering customers to access critical data in response to time-sensitive demands.
HELSINKI, May 6, 2024 /PRNewswire/ — ICEYE, the global leader in synthetic aperture radar (SAR) satellite operations, announced the launch of two new application programming interfaces (APIs) that will give customers faster access to imagery from the world’s largest SAR satellite constellation through a self-driven, automated process.

The first API automates the satellite tasking process, enabling machine-to-machine interactions for this critical step. Customers who have built their own platforms to access commercial tasking services may now seamlessly integrate into the ICEYE space and ground architecture without a human-in-the-loop.  The second API automates the process for customers to request SAR imagery from ICEYE’s extensive catalog of over 60,000 archive images.
“We are thrilled to announce this new service, which makes the world’s largest SAR satellite constellation even more accessible to our customers,” said  John Cartwright, SVP and Head of Data Product. “Customers increasingly seek to integrate access to the ICEYE SAR constellation, the largest in the world, through their own platforms.  The end-to-end workflow automation we are releasing today puts this power directly in their hands so they can make smarter, data-driven decisions in near real-time.”
The launch of the API marks an important expansion in how ICEYE fields customer requests for SAR data. With the launch of the new APIs, customers can choose between API-based automation or continue to engage with ICEYE’s renowned 24×7 customer support team. All ICEYE customers undergo an extensive security review to ensure any SAR imagery accessed is used appropriately and shared with trusted parties.
“The new APIs enable efficient access to data from ICEYE’s constellation like never before. As a trusted partner to governments, civil, and commercial organizations, ensuring the appropriate use of our imagery is a top priority,” said Eric Jensen, CEO of ICEYE US. “We conduct rigorous security checks with all prospective customers, and those who meet ICEYE’s stringent standards will benefit from unprecedented access to ICEYE SAR data. ”
The two newly released APIs are the first in a series of APIs that ICEYE is creating to expand customer service and improve access to ICEYE data and imagery from around the world.
About ICEYE
ICEYE delivers unparalleled persistent monitoring capabilities to detect and respond to changes in any location on Earth, faster and more accurately than ever before.
Owning the world’s largest synthetic aperture radar (SAR) satellite constellation, ICEYE provides objective, near real-time insights, ensuring that customers have unmatched access to actionable data, day or night, even in challenging environmental conditions. As a trusted partner to governments and commercial industries, ICEYE delivers intelligence in sectors such as insurance, natural catastrophe response and recovery, security, maritime monitoring, and finance, enabling decision-making that contributes to community resilience and sustainable development.
ICEYE is headquartered in Finland and operates from five international locations. ICEYE has more than 600 employees, inspired by the shared vision of improving life on Earth by becoming the global source of truth in Earth Observation.
Media contact: [email protected]
Visit www.iceye.com and follow ICEYE on LinkedIn and X for the latest updates and insights.
 

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Alat boosts sustainable manufacturing capabilities with the launch of Electrification and AI Infrastructure business

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RIYADH, Saudi Arabia, May 6, 2024 /PRNewswire/ — Alat, a PIF company focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today announced at the Milken Institute Conference in Los Angeles, USA, the launch of two new business units – Electrification and AI Infrastructure. The two business units will address unprecedented  global demand for AI infrastructure and the urgent need to support global energy transition by  strengthening electricity grid technology.

Electrification is a key goal for Alat to not only strengthen grid technology for robust and increased use of technology, but also as the growth of electricity grows exponentially, with electricity being the key energy produced by solar, wind and hydrogen clean energy to power industrial processes. By combining Saudi Arabia’s rich resources of solar energy and other clean energy sources with electric powered industrial systems, Alat intends to manufacture solutions that will contribute significantly to the global energy transition and the decarbonization of industry.
The Electrification business unit will focus on transmission and distribution technologies. It will also include the connection of  renewable energy sources to the grid and latest technologies for gas and hydrogen generation and compression.
The AI Infrastructure business unit is focused on technology necessary for AI capabilities and encompasses network and communications equipment, servers, data center networking equipment, data centre storage, industrial edge servers, and industry 4.0 computing. The adoption of AI in combination with other industry 4.0 technologies including robotics, will enable a leap forward in smart manufacturing and the creation of intelligent factories. The AI Infrastructure Business Unit will not only manufacture solutions for Alat customers but will also contribute to Alat’s advanced technology goals.
Amit Midha, Global CEO at Alat, said: “I am pleased to announce these two exciting new divisions as they will make a significant contribution to Alat’s overall strategic goal of developing an advanced, sustainable future for industry.
The global electrification market size reached USD 73.64 billion in 2022 and it is expected to hit around USD 172.9 billion by 2032, growing at a CAGR of 8.91% between 2023 and 2032. The global AI Infrastructure market is experiencing remarkable growth, projected to reach a staggering US$460.5 billion by 2033, with a compelling CAGR of 28.3% over the decade. This growth is fueled by the increasing adoption of AI technologies across various industries, as organizations recognize the potential of AI to drive innovation, enhance decision-making processes, and automate tasks.
The launch of these business units is driven by global trends for energy-efficient computing, to mitigate the environmental impact of large-scale data processing and renewable energy integration by leveraging renewable energy sources such as solar, wind, and hydroelectric power into data centers and computing facilities. In addition, the future of AI infrastructure entails the design and construction of green data centers that prioritize energy efficiency, sustainability, and environmental responsibility.  AI infrastructure also intersects with electrification efforts in transportation, particularly in the development of autonomous vehicles and electric mobility solutions. AI-powered transportation systems leverage data analytics, machine learning algorithms, and sensor technologies to optimize route planning, traffic management, and vehicle performance, contributing to the widespread adoption of electric vehicles and reducing reliance on fossil fuels.
AI plays a crucial role in optimizing the operation and management of electric grids, enabling utilities to improve efficiency, reliability, and sustainability. AI-driven grid optimization solutions leverage advanced analytics, predictive modeling, and real-time control algorithms to balance supply and demand, integrate renewable energy sources, and enhance grid resilience in the face of disruptions or fluctuations.
Alat, a gold sponsor at the Milken Institute Conference in Los Angeles, USA, now has nine business units focused on sustainable technology manufacturing. Alat will invest US$100 billion by 2030 across these business units to develop key partnerships and build advanced manufacturing capabilities in Saudi Arabia to bring jobs and economic diversification to the Kingdom.
About Alat
Alat is a company focused on transforming global industries (electronics and industrials) and creating a world class manufacturing hub in the Kingdom of Saudi Arabia powered by clean energy to build a better tomorrow. Alat will deliver sustainable manufacturing to help global companies reduce their emissions and move towards carbon zero manufacturing.  Alat, a PIF company, is an essential enabler of the Vision 2030 goals for economic diversification, industrial development, innovation, and job creation.
Alat´s primary goal is to ensure that global companies set up sustainable manufacturing solutions in the Kingdom of Saudi Arabia, benefitting from abundant green energy resources, the country´s unique geolocation and its investments in technology. Initially its key strategic business areas will be semiconductors, smart devices, smart buildings, smart appliances, smart health, advanced industrials and next gen infrastructure technologies.  For more information visit www.alat.com 
 

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