Press Release

Rising Development in Telecom Infrastructure to Aid Growth of Middle East & Africa Video Streaming Software Market

Development of broadband and telecom infrastructure across various sectors, rising demand for online video streaming along with increasing smartphone and mobile data penetration to boost Middle East & Africa video streaming software market through 2023

According to TechSci Research report, Middle East & Africa Video Streaming Software Market By Component, By Streaming Type, By Deployment Type, By End User, By Country, Competition Forecast & Opportunities, 2013-2023’’, Middle East & Africa video streaming software market is projected to grow at a CAGR of over 25% on the back of rising penetration of mobile internet and smart devices across the region. Moreover, number of companies offering video streaming software solutions and services are increasing across Middle East & Africa due to growing technological and infrastructural advancements being witnessed across the region. Additionally, increasing Over The Top (OTT) market, growing demand for enhanced online video streaming services, and a shift towards online banking transactions due to rising e-commerce and m-commerce market across the region is further expected to boost Middle East & Africa video streaming software market in the coming five years.

Browse 38 Figures spread through 56 Pages and an in-depth TOC on "Middle East & Africa Video Streaming Software Market"

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On the basis of services, Middle East & Africa video streaming software market is segmented into professional services and managed services, of which the former dominates the market. With increasing demand for video streaming software across MEA, there has been an increase in competition among various sectors to offer advanced services to their customers, which is boosting the deployment of consulting & analytics services across the region. Consequently, professional services dominated Middle East & Africa video streaming software market and is likely to continue dominating during forecast period as well. Brightcove, Inc., IBM Corporation, Kaltura, Inc., etc., are the major companies operating in Middle East & Africa video streaming software market.

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Among countries, UAE dominates Middle East & Africa video streaming software market on account of rising internet penetration, growing economy and increasing demand for advanced communication and entertainment services across the country. “With rising inclination towards watching shows, events, etc., easily and securely over the smart devices, the demand for video streaming services has witnessed an increase across Middle East & African countries over the last few years. Moreover, rising demand for live video streaming solutions and services over social media and other online platforms would further steer growth in Middle East & Africa video streaming software market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Middle East & Africa Video Streaming Software Market By Component, By Streaming Type, By Deployment Type, By End User, By Country, Competition Forecast & Opportunities, 2013-2023 has evaluated the future growth potential of Middle East & Africa video streaming software market and provides statistics and information on market size, structure and future market growth. The report offers decision makers market intelligence, thereby enabling them conduct thorough investment appraisal. Besides, the report also analyzes the evolving market trends as well as major drivers, challenges and opportunities in Middle East & Africa video streaming software market.

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Middle East & Africa Video Streaming Software Market By Component (Solutions and Services), By Streaming Type (Video On-demand Streaming and Live Streaming), By Deployment Type, By End User, By Country, Competition Forecast & Opportunities, 2013-2023

ICT | Sep, 2018

Development of broadband and telecom infrastructure across various sectors, rising demand for online video streaming along with increasing smartphone and mobile data penetration to boost Middle East & Africa video streaming software market through 2023

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