Major players operating in the video processing platform market are :
Akamai Technologies
Kaltura,
SeaChange
Vantrix
Pixel Power
MediaKind
magine Communications
Harmonic
Synamedia
Avid Technology
Evertz,
Edgio,
Brightcove
AWS Elemental.
Authors:
Preeti Wadhwani
Frequently Asked Questions (FAQ) :
Global market for video processing platform was valued over USD 7 billion in 2022 and is projected to register a CAGR of over 11.5% between 2023 and 2032, backed by the remote work culture, and rising popularity of online games and E-sports.
The platform segment held a market share of 49% in 2022 and will continue to grow through 2032, due to the exponential growth of online video content.
North America market accounted for over 36% revenue share in 2022. The region's advanced technological infrastructure, high internet penetration rates, and thriving digital content ecosystem have created a conducive environment for video consumption, boosting the demand for video processing platforms.