Worldwide Video Platforms Software Forecast, 2020–2024

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
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