Worldwide Video Platforms Software Forecast, 2020–2024
This IDC study provides a sizing of the worldwide video platforms software market in 2019 and a five-year forecast through 2024. It includes commentary on market growth and the emerging trends and provides actionable advice for technology suppliers."The video platforms software market is expected to grow at a CAGR of 13.0% from 2019 to 2024," said Melissa Webster, program vice president, Content and Digital Media Technologies at IDC. "Organizations in all industries are leveraging video to educate, entertain, and persuade. The rise of the millennial workforce combined with the shift to OTT consumption will continue to drive adoption."
Please Note: Extended description available upon request.
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- Market Context
- Drivers and Inhibitors
- Drivers
- Desire for More Immersive and Engaging Experiences
- Continued Growth of Broadband and Mobile — at Low Cost
- Inhibitors
- Market Saturation
- Open Source Competition
- Market Consolidation
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Historical and Forecast Market Values and Exchange Rates
- Related Research
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