The Business Research Company’s Video Processing Platform Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Video Processing Platform Global Market Report 2023 evaluates video processing platform market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global video processing platform market size will grow from $6.83 billion in 2022 to $8.09 billion in 2023, at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the video processing platform is expected to grow to $15.93 billion in 2027 at a CAGR of 18.4%.
The increase in the number of internet users is expected to propel the growth of the video processing platform market over the forecast period. The internet plays a crucial role in people’s lives today as a large portion of the population’s lives are immersed in digital technology. A cloud-based video processing platform is a technology that provides video service operators with standardized features and numerous monetization approaches. These systems also aid in the integration of video-on-demand, multiscreen video infrastructure, television abilities, and formats. For instance, according to the DataReportal report, internet users are growing at a 4.8% yearly rate, with an average of more than 600,000 new users added each day, in October 2021, 4.88 billion people around the world are reported to use the internet. Therefore, the increase in the number of internet users is contributing to the video processing platform market growth.
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The video processing platform market segments in the report are:
1) By Component: Hardware, Platform, Services
2) By Deployment Type: Public Cloud, Private Cloud, Hybrid
3) By Application: Video Upload And Ingestion, Dynamic Ad Insertion, Video Transcoding And Processing, Video Hosting, Content Rendering, Other Applications
4) By Industry: Media And Entertainment, Defense, Government Or Homeland Security, Other Industries
The table of contents in TBRC’s video processing platform market report includes:
1. Executive Summary
2. Video Processing Platform Market Characteristics
3. Video Processing Platform Market Trends And Strategies
4. Video Processing Platform Market – Macro Economic Scenario
5. Video Processing Platform Market Size And Growth
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26. Africa Video Processing Platform Market
27. Video Processing Platform Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video Processing Platform Market
29. Video Processing Platform Market Future Outlook and Potential Analysis
30. Appendix
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