Global Video Servers Market is valued at approximately USD 9.3 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 18.3 % over the forecast period 2023-2030. 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.
Growing media and entertainment sectors across the globe is expected to drive the market expansion. According to Statista in 2021, the media and entertainment market witnessed a notable growth of 10.4%, reaching a value of USD 2.34 trillion. Projections indicate that this market is expected to further expand and reach USD 2.93 trillion by the end of 2026. The increasing adoption of OTT platforms has a significant influence on the video server market, driving its growth. Video servers are essential for delivering high-quality streaming content and meeting the demands of users in the expanding OTT platform landscape. By 2027, it is estimated that the number of OTT video users may reach approximately 4.2 billion individuals. 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.
The key regions considered for the Global Video Servers Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. 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.
Major market player included in this report are:
Brightcove, Inc.
Akamai Technologies, Inc.
Enghouse Systems Ltd
International Business Machines Corporation
Harmonic Inc
Cisco System Inc
Arris International Limited
Concurrent Technologies Corporation
Grass Valley Group
EVS Broadcast Equipment SA
Recent Developments in the Market:
Ø In March 2023, Brightcove announced the expansion of its E-Commerce capabilities by integrating with popular platforms such as Shopify, Instagram, and Salesforce Sales Cloud. These integrations aim to empower businesses to effectively engage and activate audiences through engaging, interactive, and live or on-demand video content.
Ø In April 2023, Akamai Technologies introduced new cloud computing features for streaming video at the NAB Show. These features empower OTT operators to enhance video quality, personalize experiences, reduce costs, and monetize content effectively. Akamai also improved support for the CMCD specification and welcomed new partners to its Qualified Computing Partner program.
Global Video Servers Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Component, Streaming Type, Deployment, Delivery Channel, Monetization Model, Vertical, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Solution
Services
By Streaming Type:
On-Premises
Cloud
By Deployment:
Live Streaming
Video-on-Demand (VoD) Streaming
By Delivery Channel:
Pay-Tv
Internet Protocol TV (IPTV)
Over-The-Top (OTT)
By Monetization Model:
Subscription-Based
Advertising-Based
Transaction-Based
By Vertical:
Media and Entertainment
BFSI
Academia and Education
Healthcare
Government
Other Verticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa