Video Conferencing: Connecting People Online..!!

 

According to a new market research report titled "Video Conferencing Market by Technology (VaaS, USB-VC, Room-based Codec System), Component, Deployment Mode, Organization Size, End User (Education, IT & Comm., Healthcare, BFSI, Oil & Gas, Legal, Media) - Global Forecast to 2028", published by Meticulous Research®, the video conferencing market is expected to grow at a CAGR of 15.5% from 2021 to 2028 to reach $24.4 billion by 2028.

Video conferencing is a technology that allows users in different locations to hold face-to-face meetings. It is widely utilized for business meetings and training purposes. The use of video conferencing witnessed remarkable growth from 2020 due to the lockdowns imposed by several governments worldwide.

 

The growth of the overall video conferencing market is mainly attributed to the COVID-19 pandemic and the consequent global lockdown, which affected most industries impacting the global economy. To counter this escalating situation, many industries adopted the remote working culture, where employees could safely work from their chosen locations and collaborate using video conferencing apps such as Zoom, Meet, and Teams.

 

In addition to the growing acceptance of the work-from-home culture among various sectors, many industries are also adopting video conferencing tools to reduce quarterly and annual spending on infrastructure maintenance. Companies that have adopted video conferencing tools have also recorded improved employee productivity, time and cost savings on transportation, and improved communication & collaboration among team members, further boosting the demand for video conferencing solutions among various industries.

 

The pandemic has severely affected many sectors globally, including the education sector. However, this sector has quickly adopted the new collaboration solutions and restored itself within just a few months post the lockdown. IT & telecommunication has been the leading adopter of this technology from even before the outbreak of the COVID-19 pandemic. However, the global lockdown further boosted the use of video conferencing technology in the industry. Additionally, the healthcare sector has also increased the adoption of video conferencing solutions to improve patient care & monitoring and reduce the burden on hospital staff and infrastructure.

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The Impact of COVID-19 on the Video Conferencing Market

 

The spread of COVID-19 has had an unprecedented impact on public health and industrial structures, accelerating social reforms in several areas. Due to stringent government policies of social distancing, lockdowns, and work from home culture adoption, people were forced to communicate through the latest tools and devices to complete their work. Thus, video conferencing tools gained huge demand through this period. Amongst the disruption caused by the pandemic in the business sector, video conferencing was one of those few entities that witnessed exponential growth in adoption as the need for communicating through remote places grew extensively.

 

The video conferencing market witnessed tremendous growth amidst the pandemic as lockdowns forced many individuals across the globe to work-from-home and attend online classes, which led to a surge in the adoption of popular software like Zoom, Skype, and Microsoft Teams. For instance, in October 2020, Microsoft Teams registered more than 115 million daily active users. Thus, with advancements in technology and increasing usage of this technology, the market is poised to grow immensely.

 

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Work-from-home Culture to Drive the Video Conferencing Market Growth

 

The outbreak of the COVID-19 pandemic changed the overall working culture of the majority of the companies around the world due to lockdowns and social distancing policies. The companies had to adopt work from home culture. This led to an increase in dependency of the employees, students, and other professional workers on video conferencing tools such as Skype, Zoom, Google Duo, and Microsoft Teams, among others, for effective communication. As a result, the market observed high traction in the demand and adoption of these tools.

 

Furthermore, by working from home, the companies witnessed improved employee productivity due to less time for commuting, better work-life balance, and location independence. This factor allowed companies to retain this policy for a longer period, increasing the usage of video conferencing tools. In April 2020, Tata Consultancy Services (TCS), an India-based IT service provider, announced its plan to allow 75% of employees, around 4.5 lakh, to work from home until 2025. Furthermore, Infosys, a major IT service provider, has permanently announced flexible work from home model.

 

Video Conferencing Market Overview

 

Meticulous Research® has segmented the overall video conferencing market based on technology (VaaS, USB-VC, room-based codec systems), component, deployment mode, organization size, end user (education, IT & communication, healthcare, BFSI, oil & gas, legal, media), and geography (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa).

 

Based on technology, the video conferencing market is segmented into video-as-a-service (VaaS), USB video conferencing, and room-based codec systems. In 2021, the video-as-a-service (VaaS) segment is expected to account for the largest share of the overall video conferencing market. The growing adoption of video-as-a-service in the corporate, IT & telecommunication, healthcare, education, and public, among other sectors, is driving the growth of this segment. In its most recent versions, video-as-a-service allows for the transmission of full-motion video and high-quality audio between multiple locations. In addition, cloud-based video services enable organizations to deploy video conferencing solutions quickly and with minimal infrastructural investments.

 

Based on component, the video conferencing market is segmented into solutions and services. In 2021, the solutions segment accounted for the largest share of the overall video conferencing market. The larger share of the solutions segment is mainly attributed to the exponential adoption of video conferencing apps such as Zoom, Microsoft Teams, WebEx, and Google Meet among various industries, such as IT & communications and education.

 

Based on deployment mode, the video conferencing market is segmented as cloud deployment and on-premise deployment. In 2021, the cloud deployment segment is estimated to account for the larger share of the overall video conferencing market. The large share of this segment is mainly attributed to the higher efficiency and lower investment requirements of cloud deployment compared to on-premise. The segment is also expected to register a higher CAGR during the forecast period due to the entry of major cloud service providers such as Amazon, Google, and Microsoft.

 

Based on organization size, the video conferencing market is segmented into large enterprises and small & medium-sized enterprises (SMEs). In 2021, the SMEs segment is estimated to account for the larger share of the video conferencing market. The large share of this segment is mainly attributed to the affordable subscription plans and customized user interfaces (UIs) offered by leading video conferencing solution providers.

 

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Based on end user, the video conferencing market is segmented into education; healthcare; government, defence, & public sectors; BFSI; media & entertainment; law & legal; manufacturing; oil, gas, & energy; and IT & telecommunication. In 2021, the IT & telecommunication segment accounted for the largest share of the global video conferencing market. However, the education segment is expected to record the highest CAGR during the forecast period due to the growing number of online education platforms and the need to conduct online lectures among universities and educational institutions, such as colleges and schools.

 

Geographically, the global video conferencing market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2021, the North American region accounted for the largest share of the global video conferencing market. The large share of North America is attributed to the presence of many IT companies and the growing need to connect their large workforce available at different locations. Also, the region is technologically advanced, and there is swift adoption of video conferencing in daily work schedules. However, the Asia-Pacific region is expected to account for the fastest growth during the forecast period. Rapid growth in the number of SMEs in regional economies and increasing internet penetration are expected to drive the adoption of video conferencing at a significant rate.

 

The four key players in this market are Zoom Video Communication, Inc., Microsoft Corporation, Cisco Systems, Inc., and Google, LLC. These players continuously focus on new product development and launches and agreements, collaborations, & partnerships to increase their respective market shares. The other key players operating in the global video conferencing market are Zoom Video Communication, Inc. (U.S.), Microsoft Corporation (U.S.), Cisco Systems, Inc. (U.S.), Blue Jeans Network Inc. (Verizon) (U.S.), LogMeIn, Inc. (U.S.), Alphabet Inc. (U.S.), ON24, Inc. (U.S.), Dialpad, Inc. (U.S.), TeamViewer AG (Germany), Adobe (U.S.), Blackboard Inc. (U.S.), and Vidyo, Inc. (U.S.) among others.

TOP 10 COMPANIES IN VIDEO CONFERENCING MARKET

Related Reports:

Live Streaming Market by Component (Platform, Services), Offering Model (B2B, B2C), Streaming Type (Audio, Video, Game), Vertical (Media & Entertainment, Education, Sports & Gaming, Government, Fitness), and Region - Global Forecast To 2028

Plant-based Milk Market Worth $42.86 Billion by 2029

 

According to a new market research report titled, “Plant-based Milk Market by Type (Almond Milk, Soy Milk, Coconut Milk, Oat Milk, Rice Milk), Formulation (Unflavoured, Flavoured), Distribution Channel (B2B, B2C (Modern Groceries, Convenience Store, Specialty Store, Online Retail)) - Forecast to 2029,” the market is expected to grow at a CAGR of 11.9% from 2022 to 2029 to reach $42.86 billion by 2029.

In recent years, the popularity of non-dairy or plant-based milk among health-conscious people has been rising. Plant-based milk comprises much lesser sugar compared to livestock milk. Besides, it consists of extra fiber, extra protein, and additional omega-3 fatty acids. The growing levels of lactose intolerance have propelled consumers to choose plant-based milk. Several recommendations by governments and health organizations are also directed toward effectively managing lactose intolerance, accelerating the growth of the plant-based milk market. These milk alternatives offer various nutritional benefits, such as reduced cholesterol levels, improved cardiovascular health, diabetes control, heart health, and immune system. Hence, the consumption of plant-based milk imparts several health benefits, which are expected to fuel the market growth during the forecast period.

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Plant-based milk industry predictions in light of COVID-19

The coronavirus outbreak led to massive disruptions in travel, manufacturing, services, healthcare, and supply chains, causing havoc in the global financial markets. The crisis caused people to re-evaluate their diets in the food and beverage sector because it has underlined the link between food and health. In the space of the plant-based milk industry, COVID-19 is providing an unexpected boost. The outbreak of COVID-19 and negative associations with animal-based food created the demand for plant-based milk.

 

Plant-based milk can be generated with less dependence on labor, making it less prone to staffing scarcity than animal-based products, which are relatively labor-intensive. Further, medical studies showed that COVID-19 has overwhelmingly impacted people with underlying health conditions like diabetes, hypertension, and heart disease. Plant-based milk can help reduce the effects of the virus on at-risk people as macronutrients, micronutrients, and antioxidants are abundant. From a manufacturing and distributing point of view, this industry faced unprecedented demand from plant-based product manufacturers and consumers.

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As a result, most food firms changed their marketing and production strategies to promote them more than other traditional healthy foods. As a result of the COVID-19 pandemic, it encouraged most consumers to shift from animal-based milk to plant-based milk due to various health and environmental concerns.

 

The global plant-based milk market is segmented based on type, formulation, distribution channel, and geography. The study also evaluates industry competitors and analyses the market at a country level.

 

Based on type, the global plant-based milk market is mainly segmented into almond milk, soy milk, coconut milk, oat milk, rice milk, and others. The almond milk segment is estimated to account for the largest share of the overall plant-based milk market in 2022. The leading position of this segment is mainly attributed to factors such as an increased number of consumers switching to nut-based lactose-free milk, changing taste preferences, and increasing general health & environmental concerns. This segment is also expected to grow at the fastest CAGR during the forecast period.

 

Based on formulation, the global plant-based milk market is mainly segmented into flavored and unflavored. The unflavored segment is estimated to account for the largest share of the overall plant-based milk market in 2022. However, the flavored segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing demand for ready-to-drink beverages.

 

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Based on distribution channel, the global plant-based milk market is mainly segmented into business to business and business to customers. The business to customers segment is estimated to account for the largest share of the overall plant-based milk market in 2022. The leading position of this segment is mainly attributed to factors such as consumers' preference for brick-and-mortar grocers, the growing online retail sector, urbanization, and the rising number of supermarkets and hypermarkets. This segment is also expected to grow at the highest CAGR during the forecast period.

 

Geographically, Asia-Pacific is estimated to account for the largest share of the overall plant-based milk market in 2022. The large share of this region is primarily attributed to increased awareness about a protein-rich diet, increased health consciousness, higher adoption of technological advancements in the F&B industry, and a larger vegan & vegetarian population base. This region is also expected to grow at the highest CAGR during the forecast period.

 

The key players operating in the global plant-based milk market are Danone SA (France), Plamil Foods Ltd. (U.K.), Hain Celestial Group, Inc. (U.S.), Sahmyook Foods (South Korea), Sanitarium Health Wellbeing Company (Australia), Axiom Foods (U.S.), Earth's Own Food Company Inc. (Canada), Nestlé S.A. (Switzerland), SunOpta (Canada), American Soy Products (U.S.), Alpina Foods (U.S.), and Pacific Foods of Oregon, Inc. (U.S.).

TOP 10 COMPANIES IN PLANT BASED PROTEIN MARKET

RWE Solutions- Trends and Applications

 According to a new market research report titled “RWE Solutions Market by Component (Datasets [Clinical, Claims, Pharmacy, Integrated], Services), Application (Market Access, Oncology, Neurology, Post Market Surveillance), End User (Pharma Companies, Providers) — Global Forecast to 2028”, published by Meticulous Research^®, the real-world evidence solutions market is expected to grow at a CAGR of 11.8% from 2021–2028 to reach $4.4 billion by 2028.

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Real-world evidence (RWE) is clinical evidence gathered via Real World Data (RWD) analysis on the use and potential benefits or risks of a medical product. RWE can be produced through various study designs or analyses, including but not limited to randomized trials, large simple trials, pragmatic trials, and observational studies (prospective or retrospective). RWE has several applications, including drug development life cycles, shortening development timelines, reducing the costs of clinical trials, and improving the probability of technical and regulatory success. The growth of this market is primarily driven by key factors such as the rapid growth of large data in healthcare, the shift from volume to value-based care, and the rising focus towards personalized healthcare.

Impact of COVID-19 on RWE Solutions Market

The key players operating in the RWE solutions market experienced an initial market shrinkage due to uncertainties associated with the impact of the COVID-19 pandemic. The market shrinkage was mainly due to significant restrictions on travel in many countries, shifting of resources on COVID-19 treatments in healthcare settings, and limited access to hospitals. These factors affected the amount of real-world data generated globally.

However, after the initial shrinkage, real-world evidence (RWE) is set to become the most influential emerging technology to fight against the COVID-19 outbreak. Real-world evidence solutions can provide valuable insights to better understand, monitor, and prepare for the challenges caused by the COVID-19 pandemic. RWD has been used increasingly to map the progression of the disease and to discover vaccines and immediate treatments. Thus, the effectiveness of the use of RWD made a significant impact during the pandemic and continues to play a significant role in the treatment of infected patients.

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RWE Solutions Market: Future Outlook

The RWE Solutions Market is segmented by component (datasets and consulting services), application (market access & reimbursement/coverage decisions, drug development & approvals, post market surveillance, medical device development & approvals, and other applications), end user (pharmaceutical, biotechnology, and medical device companies, healthcare payers, healthcare providers, and other end users), and geography (North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa).

Based on component, the datasets segment is estimated to account for a larger share of the overall RWE solutions market in 2021. The large share of this segment is mainly attributed to the growing amount of medical data generated in hospitals and the increasing dependence of outcome-based studies on real-world data. EHRs are the most commonly used form of healthcare database that helps in conducting outcome-based studies. EHR data is playing an increasingly vital role in collecting and generating actionable information at the FDA. Governments across the world are undertaking initiatives to increase the adoption of EHR/EMR data. For instance, in September 2020, to digitalize the entire healthcare ecosystem of India, the Ministry of Health and Family Welfare (MoHFW) released a draft policy termed the Health Data Management Policy. However, the consulting services segment is expected to witness the fastest growth rate during the forecast period. Real-world evidence consulting service providers make use of robust real-world datasets generated by conducting prospective/observational studies to offer customized consulting services to generate fit-for-purpose data and insights for their stakeholders instead of providing terabytes of data.

Based on application, the market access & reimbursement/coverage decisions segment is estimated to account for the largest share of the RWE solutions market in 2021. The pharmaceutical, biotech, and medical device industries face unprecedented challenges due to the global economic crisis, COVID-19 pandemic, and concerns about escalating healthcare costs. Due to rising therapy costs, healthcare payers are increasingly focused on evidence of clinical value for making decisions associated with providing coverage. RWE helps provide a means for demonstrating value, ranging from confirming randomized trial benefits in real-world populations to a fuller characterization of resource impacts. RWE is being increasingly considered by both industry and payers. Payers use the data to support coverage decisions, develop guidelines and decision support tools for use in clinical practice, generate estimates of the potential population they cover that could require the treatment, and estimate potential costs and cost offsets. However, the drug development & approvals segment is expected to witness the fastest growth rate during the forecast period.

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Based on end user, the pharmaceutical, biotechnology, & medical device companies segment is expected to witness the fastest growth rate during the forecast period. Rising pharmaceutical R&D spending is the major factor attributed to the growth of this segment. The cost of developing a new drug was more than $2,600 million in 2020 compared to $802 million in 2003. This increase in drug development costs reflects various technical, regulatory, and economic challenges pharmaceutical R&D pipelines face. The global R&D spending in 2021 surged by 7.0% ($212 billion) compared to 2020. Real-world evidence helps in understanding real-life clinical practices and actual health outcomes of drugs. It also helps generate broader scientific evidence and commercial insights, valuable for the pharmaceutical industry.

Geographically, North America is estimated to command the largest share of the global RWE solutions market in 2021, followed by Asia-Pacific, Europe, Latin America, and the Middle East & Africa. However, Asia-Pacific region is expected to be the fastest-growing regional market due to growing demand from payers for data that defines the value and effectiveness of medicines, growing demand in conducting real-world studies in drug R&D, and increasing government interest in using real-world studies for regulatory decision-making.

Key companies operating in the global RWE solutions market are IQVIA Holdings Inc. (U.S.), ICON plc (Ireland), PPD, Inc. (U.S.), SYNEOS HEALTH, INC. (U.S.), CLARIVATE PLC (U.S.), Medpace Holdings Inc. (U.S.), Symphony Innovation, LLC (U.S.), Clinigen Group plc (U.K.), Cognizant Technology Solutions Corporation (U.S.), IBM Corporation (U.S.), Oracle Corporation (U.S.), PAREXEL International Corporation (U.S.), PerkinElmer, Inc. (U.S.), SAS Institute Inc. (U.S.), UnitedHealth Group Incorporated (U.S.), and Flatiron Health (U.S.) among others.

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Scope of the Report

RWE Solutions Market, by Component

• Datasets
• Disparate Datasets
• EMR/EHR/Clinical Data
• Claims & Billing Data
• Pharmacy Data
• Product/Disease Registries Data
• Other Disparate Datasets
• Integrated Datasets
• Consulting & Analytics

(Note: Other Disparate Datasets include data generated from mobile devices, wearable devices, and social media)

RWE Solutions Market, by Application

• Market Access & Reimbursement/Coverage Decisions
• Drug Development & Approvals
• Oncology
• Neurology
• Immunology
• Cardiovascular Diseases
• Other Therapeutic Areas
• Post Market Surveillance
• Medical Device Development & Approvals
• Other Applications

(Note: Other Therapeutic Areas include infectious diseases, musculoskeletal disorders, dermatological diseases, and respiratory diseases, Other Applications include regulatory and clinical decision-making)

RWE Solutions Market, by End User

• Pharmaceutical, Biotechnology, and Medical Device Companies
• Healthcare Payers
• Healthcare Providers
• Other End Users

(Note: Other end users include academic research institutions, patient advocacy groups, regulators, and health technology assessment agencies)

RWE Solutions Market, by Geography

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Spain
• Rest of Europe (RoE)   
• Asia-Pacific (APAC)
• Japan
• China
• India
• South Korea
• Taiwan
• Singapore
• Rest of APAC (RoAPAC)
• Latin America
• Middle East & Africa

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Live Streaming Market Trending in 2022

 

According to a new market research report titled, “Live Streaming Market by Component (Platform, Services), Offering Model (B2B, B2C), Streaming Type (Audio, Video, Game), Vertical (Media & Entertainment, Education, Sports & Gaming, Government, Fitness), and Geography – Global Forecast to 2028,” published by Meticulous Research®, the live streaming market is expected to grow at a CAGR of 22.4% from 2021 to 2028 to reach $4.26 billion by 2028.

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The rising popularity of live streaming technology for better brand engagement and reach to consumers, the surging popularity of e-sports and video games, growing preference for live streaming over social posts, and increasing adoption of smartphones coupled with faster internet are expected to drive the growth of the live streaming market.

Additionally, the growing need to optimize network bandwidth and increase the consumer base for live streaming content further contributes to market growth. Furthermore, the incorporation of advanced technologies in the digital media industry is the new trend in the live streaming market. However, fake traffic on live streaming sites is creating new challenges for the overall market growth. Also, connectivity and production issues may restraint the growth of this market in the approaching years to some extent.

Impact of COVID-19 on the Live Streaming Market

The COVID-19 disrupted people’s work lives, fueling significant growth in people seeking live streaming, particularly in emerging markets. The pandemic transformed live video technology into nothing short of a necessity. Healthcare, business continuity, public safety, and mental health all now depend on it. During the pandemic, live streaming was used as a workaround to isolation measures in various ways. Religious services, virtual events, and statewide town halls were all broadcasted over the Internet due to widespread stay-at-home orders. Many of these are just extensions of traditional broadcasts that benefited from the ease of use of live streaming.

Live streaming platforms, such as Zoom, Skype, Amazon Chime, BlueJeans, and Cisco WebEx, were popular in business settings. Google Hangouts, Facetime, and Houseparty were also common for personal communications during this pandemic.

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But, safety concerns have hit the news cycle. Incidents of ‘Zoombombing,’ during which unintended attendees join private meetings, have revealed why many enterprises choose to deploy streaming infrastructure in-house. Moreover, AI added value to video apps with voice-to-text transcription, natural language processing, and balanced sound and computer vision.

Several organizations that leveraged streaming technology for telemedicine proved instrumental in efforts to flatten the COVID-19 curve. Virtual doctor visits finally went mainstream, while live video sharing tools helped contain the spread. Another company that utilized telemedicine technology to ease the burden of social distancing was AngelEye Health. The clinical communication platform allowed families to watch their newborn baby while being cared for in the neonatal intensive care unit (NICU).

Several organizations focused on digital technologies to build a brand and showcase new services and products for producing low-cost hardware aimed at the broadcaster with live streaming at the forefront. For instance, in 2021, Innovative Systems, Inc. (U.S.) partnered with Midwest Video Solutions (U.S.) to deliver a fully hosted end‐to‐end streaming video and headend service. Also, in 2021, FilmMyMatch (U.S.) signed an agreement with JOYMO (Norway) to deliver live streaming, video management, and production services to clients across the U.K.

Live Streaming Market Overview

The overall live streaming market is segmented on the basis of component [(platform, services (subscription services, advertisement, and video production & content creation services)], offering model (business-to-business and business-to-consumer), streaming type (audio streaming, video streaming, and game streaming), vertical (enterprises, media & entertainment, education & e-learning industry, sports & gaming industry, government, fitness industry, religious organizations, and others), and geography. The study also evaluates industry competitors and analyses the market at the country and region levels.

Based on component, the services segment is estimated to account for the largest share of the overall live streaming market in 2021. The large share of this segment is primarily driven by the growing demand for new installation and integration of live-streaming platforms; the need for professional post-production support, up-gradation, and maintenance to help deliver content based on client specifications and provide a personalized experience to viewers; and surging demand for customer support, content creation services, and subscription services.

Based on offering model, the business-to-consumer segment is estimated to account for the largest share of the overall live streaming market in 2021. The large share of this segment is primarily driven by the rising adoption of smart devices coupled with faster internet penetration, increasing need for transmission of live content on the Internet for better brand engagement, and a surging number of social media platforms & s-commerce sites.

Based on streaming type, the video streaming segment is estimated to account for the largest share of the overall live streaming market in 2021. The large share of this segment is primarily driven by the growing use of influencers to drive new applications and attract new customers for branding and marketing, growing adoption of cloud-based solutions to increase the reach of live video content, and rising customer online data consumption and surfing behavior. However, the game streaming segment is slated to grow at the highest CAGR during the forecast period.

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Based on vertical, the media & entertainment sector is estimated to account for the largest share of the overall live streaming market in 2021. The large share of this segment is primarily driven by the growing popularity of online live video streaming, rising technological advancements, increasing consumer base for live streaming content, growing adoption of cloud-based video streaming solutions, and use of AI for increasing the reach of video content.

Based on geography, the Asia-Pacific region is estimated to account for the largest share of the overall live streaming market in 2021. The large share of this region is primarily attributed to the presence of major live streaming players along with several emerging startups in the region, surging adoption of live-streaming platforms for better brand engagement, increasing consumer base for the live streaming, and rising focus on digitalization with technological advancement in cloud computing, AI, and 5G.

The report also includes an extensive assessment of key strategies adopted by leading market participants over the past four years. The live streaming market witnessed a surge in the number of partnerships & agreements in recent years, enabling companies to broaden their product portfolios in live streaming. For instance, in 2021, Tiktok (U.S.) partnered with UFC (U.S.) to deliver exclusive live-stream content on its platform. In 2021, Scienjoy Holding Corporation (China) partnered with the Global Friendship Exchange Foundation to establish a live streaming studio and non-fungible token (NFT) art gallery in New York.

The global live streaming market is fragmented in nature. The major players operating in this market are Flux Broadcast (U.K.), Facebook Inc. (Instagram) (U.S.), Dacast (U.S.), Twitch Interactive, Inc. (U.S.), IBM Corporation (U.S.), Huya Inc. (China), Stream Hatchet SLU (Spain), Empire Video Productions, LLC (Florida), Afreecatv Corp. (South Korea), Streamshark (Australia), Dailymotion (France), Vimeo, Inc. (U.S.), Tiktok (U.S.), EventStreaming.TV (WaveFX Ltd.) (U.K.), Pluto Inc. (U.S.), Boxcast (U.S.), VosCast (U.S.), Uplynk (U.S.), and Wowza (U.S.), among others.

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Scope of the Report:

Live Streaming Market, by Component         

• Platforms
• Services
• Video Production and Content Creation Services
• Subscription Services
• Advertisement

Live Streaming Market, by Offering Model              

• Business-to-Business (B2B)
• Business-to-Consumer (B2C)

Live Streaming Market, by Streaming Type            

• Audio Streaming
• Video Streaming
• Game Streaming

Live Streaming Market, by Vertical               

• Enterprises
• Media & Entertainment
• Education & E-learning Industry
• Sports & Game Industry
• Government
• Fitness Industry
• Religious Organizations
• Others

Live Streaming Market, by Geography

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Switzerland
• Sweden
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• South Korea
• Australia & New Zealand
• Indonesia
• Thailand
• Rest of Asia-Pacific
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Israel
• Rest of the Middle East & Africa

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