Global Platform as a Service Market Research Report- Forecast 2027, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 Market Research Future (MRFR)’s latest study reveals that the global platform as a service market is projected to grow saliently at a CAGR of 26% during the forecast period 2020 to 2027. The market is expected to reach a value over USD 12 Bn by the end of the assessment period.

Market Insights

The platform as a service market is predicted to touch USD 12 billion at a healthy 26% CAGR between 2020-2027, states the recent Market Research Future (MRFR) analysis. Platform as a service/ PaaS, simply put, is a cloud service delivery model where third-party cloud service providers offer software and hardware tools to people in need of complete deployment and development of applications online. Such services offer a platform that enables customers in developing, running, and managing services sans dealing with complex building & maintenance of infrastructure to create an app. Hybrid cloud, private, and the public are its different deployment that is widely used in telecommunication and IT, consumer goods and retail, education, healthcare, and life sciences, government and public sector, banking and financial sector, and others. 

Various factors are propelling the global paas market share. According to the recent MRFR report, such factors include the growing adoption of cloud based services & IoT technology among small and medium enterprises, burgeoning demand of application development platforms, & technological advances in the platform as a service. Besides, the growing demand for platform as a service during the COVID-19 pandemic is also adding market growth. 

On the contrary, customer captivity, limited flexibility, and data security are factors that may limit the global platform as a service market growth over the forecast period. 

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Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global platform as a service market based on industry, end user, type, and deployment. 

By deployment, the global platform as a service market is segmented into hybrid cloud, private, and public. 

By type, the global platform as a service market is segmented into data management, integration, application, and others. 

By end user, the global platform as a service market is segmented into SMES and others. 

By industry, the global platform as a service market is segmented telecommunication and IT, consumer goods and retail, education, healthcare and life sciences, government and public sector, banking and financial sector, and others. 

Regional Analysis

Based on the region, the global platform as a service market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, and the Rest of the World (RoW). Of these, North America will spearhead the market over the forecast period. The growing use of cloud-based services by different businesses and enterprises, the presence of highly digitalized enterprises, and the presence of leading cloud service providers are adding to the global platform as a service market growth in the region. 

In the APAC region, the platform as a service market is predicted to grow at a fast pace over the forecast period. High growth in IT sectors, telecom, big data, and cloud services, the booming IT infrastructure, developing corporate sector in China, India, Philippines, and Japan, supportive investments by the government to propel the IT industry, and increasing digitalization in different sectors. Besides, its operational efficiency, support, agility, scalability, and cost-effective pricing, and the presence of several leading manufacturers are also adding market growth. 

The platform as a service market in Europe is predicted to have notable growth over the forecast period. The growing use of cloud services by several VSMs and SMEs at the application level with the higher enterprise is adding to the global platform as a service market growth in the region.

Competitive Dashboard

Leading contenders profiled in the global platform as a service market report include Red Hat, Inc. (U.S.), Fujitsu Ltd. (Japan), Engine Yard, Inc. (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Microsoft Corporation (U.S.), Amazon.com, Inc. (U.S.), Google, Inc.(U.S.), Apprenda Inc. (U.S.), and Salesforce.com (U.S.). 

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Mobile Application Development Platform Market Research Report- Global Forecast 2027, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 Market Overview

As per Market Research Future (MRFR), the global mobile application development platform market is expected to reach USD 14 billion at a 22% CAGR from 2020 to 2027 (forecast period). The report provides a systematic and in-depth assessment of the effect of the COVID 19 pandemic on the global market.

The Mobile Application Development Platform (MADP) is a set of products and services that enables the simple and rapid development of mobile applications. These include building, testing, and deploying mobile applications on tablets and smartphones. Companies can build their mobile application development platform or purchase from third-party vendors. The features included in the third-party mobile application development platform include front-end development tools for application programming interfaces (APIs).

Drivers and Restraints

The rapid growth of mobile devices in the commercial sector is the major factor responsible for the development of the mobile application development platform. The commercial company uses cell phones that enhance productivity, safety, mobility and help employees boost customer service, maintain good connections with customers and suppliers, and make it easier to work remotely. This spike in the number of mobile devices promotes the need for a mobile application to run the business efficiently. Consequently, the growing number of mobile devices is propelling the growth of the market for mobile application platform development. High adoption of Bring Your Own Devices (BYOD) and Bring Your Own Access (BYOA) programs enable workers to use all kinds of mobile devices like Windows Phones, Android, and iPhones that require mobile applications to run on all platforms. As a result, the mobile application development platform helps to solve the problem of a mobile application that can only run on one type of mobile device. Nevertheless, higher costs and technological difficulties in developing the mobile application platform are slowing the growth of the industry. Mobile application development is an elaborate process that requires a high level of technical expertise to develop the application or even to use the mobile application development platform. This leads companies to consider third-party developers to create their mobile applications, which inhibits the growth of the market.

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COVID-19 Impact on the Global Mobile Application Development Platform Market

Mobile application development platforms played a critical role during the COVID-19 pandemic. The spread of the COVID-19 has prompted the government authorities to introduce precautionary measures, such as lockdowns, in various countries. Owing to the lockdowns, the majority of businesses have allowed their workers to work from home to avoid the spread of the virus. In addition, the closing of schools, colleges, and other institutions during the lockdown has had a dramatic effect on the education sector. Companies have developed numerous apps, such as the Zoom app, for online sessions and conference meetings.

In addition, small and large mobile app developers are mobilizing around the pandemic to find new ways to cope with the crisis. The Aarogya Setu app created by the National Informatics Center in India lets people trace nearby people infected with COVID-19, map the syndrome, and conduct self-assessment. This application provides the user with information on any person nearby with symptoms of COVID-19 by scanning the database of reported cases of infection. The development of the COVID Symptom Tracker application by Coronavirus Pandemic Epidemiology (COPE) also helps to see how the novel coronavirus spreads and who most at risk is. These applications provide valuable information to users, which in turn drives the growth of the industry.

Moreover, the growing adoption of 'bring your own access' (BYOA) and 'bring your own devices' (BYOD) enables employees to use all types of mobile devices, like iPhones, and Windows and Android phones that require mobile applications to run on all platforms, is also boosting the growth of the industry. During the COVID-19 pandemic, companies have invested highly in tablets and laptops to provide workers with company-owned devices, despite revenue losses that have positively impacted market growth. Mobile application development platforms help overcome concerns regarding mobile applications that can only run on a single mobile device. It is expected that the continuation of the BYOD trend to prevent the spread of COVID-19 in the post-pandemic period will accelerate market growth.

Delays in the production of new smartphones and tablets due to the temporary shutdown of manufacturing plants during the lockdown have had a slight effect on the growth of the market. Companies are reconsidering their strategies as a result of the damage caused by the pandemic. The lack of shopping has led to a sharp decline in smartphone and tablet sales during the lockdown period. The resumption of the production of consumer electronics devices is expected to drive market growth after the lockdown period. The Asia Pacific is expected to dominate the market over the forecast period due to the growing adoption of mobile application development platforms by organizations and the high availability of smartphones.

Segmental Analysis

The global market for mobile application development platform has been segmented into deployment type, organization size, and vertical. 

By deployment type, the global mobile application development platform market has been segmented into cloud and on-premise.

By organization size, the global mobile application development platform market has been segmented into small & medium enterprises and large enterprises.

By vertical, the global mobile application development platform market has been segmented into BFSI, Healthcare, Transportation & Logistics, Education, Media & Entertainment.  

Regional Analysis

The regional analysis of the global mobile application development platform market is studied for North America, Europe, Asia Pacific, and the rest of the world.

The Asia Pacific is set to dominate the market for mobile application development platforms given the high availability of low-cost tablets and smartphones, leading to the adoption of mobile application development platforms by organizations in the region. Furthermore, the emerging use of digital technology in countries like India and China is accountable for the growth of the MADP industry. North America is set to expand at a higher pace due to the involvement of key players offering mobile application development platforms. In Europe, the UK, Germany, and Italy are the key countries in the market for middleware software market. As a result, the companies' high expenditure on middleware software is accelerating the growth of the mobile application development platform in Europe. In Middle East & Africa and Latin America, the market is expected to expand slowly due to the lack of funds available for mobile application development start-ups and main infrastructures.

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Mobile Front Haul Market Research Report- Global Forecast to 2027, Global Trends, Size, Share, COVID – 19 Outbreak, Industry Segments, Regional Study, Top Key Players Profiles and Future Prospects

 The global mobile front haul market is projected to grow at a steady rate and capture a moderate CAGR over the forecast period of 2020-2027, reveals a research report by Market Research Future (MRFR).

Market Overview

The mobile front haul market is projected to grow at a high CAGR during the forecast period 2020 to 2027. As per the mobile front haul market research report, the global market for mobile front haul is anticipated to grow rapidly. As per analysts, the increasing demand for 5G technology along with the growing deployment of 4G/LTEwill drive the market growth throughout the forecast period. The mobile front haul market research report provides an in-depth analysis of the global mobile front haul market and its services, type, and network segments. The lack of proper connectivity as well as poor network infrastructure in some countries are the factors which could affect the mobile front haul market growth during the forecast period. The mobile front haul market research report by expert analysts is intended to help companies in the mobile front haul market.

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Segmentation

The global mobile front haul market has been segmented based on services, type, and network. On the basis of services, the market for mobile front haul is segmented based on professional, managed. Additionally, the market on the basis of type, is segmented into Cloud RAN, Centralized RAN. The global market for mobile front haul is also covered based on network segment which is further split into Passive WDM, Ethernet and Active WDM.

Key influences such as slow 5G distribution could obstruct the mobile front haul market growth. However, as per the mobile front haul market research report, presence of small and large market competitors as well as the growing demand for efficient solutions will drive growth during the forecast period. These key growth factors will help support the mobile front haul market growth at a high CAGR. The segmental analysis of services, type, and network segments as well as regional market analysis has been presented in the global mobile front haul market research report. Analysts studying the mobile front haul market have presented projections in the mobile front haul market research report assisting mobile front haul market-based companies in numerous ways. The mobile front haul market research report offers crucial details about the mobile front haul market based on the data and forecasts till 2027.

Regional Analysis

North America, Europe, Asia Pacific and the rest of the world regional market for mobile front haul are primarily covered in the global mobile front haul market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level mobile front haul markets are covered in the report. In Asia-Pacific (APAC) region, the country-level mobile front haul markets covered are China, India, Japan, and others. The mobile front haul market research report also covers the regional market for mobile front haul spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The mobile front haul market research report further explores other regional markets from the rest of the world including mobile front haul markets of the Middle East and Africa. As per the global mobile front haul market research report.

Competitive Landscape

5G technologies are expected to accelerate the mobile front haul market growth worldwide. The global mobile front haul market is set to witness challenges including high cost and investment requirements, however, companies in the mobile front haul market will sustain the growth rate. The mobile front haul market research report also offers company profiles of key players operating in the mobile front haul market around the world. Additionally, the global mobile front haul market report provides detailed analysis of the market based on primary and secondary research data collected from the mobile front haul market’s key decision makers as well as stakeholders. The mobile front haul market research report covers all such factors assisting companies in the mobile front haul market to improve their plans and portfolio.

Industry News

Maxim Linear, the leading supplier of analogue, digital and mixed-signal integrated (RF) radio frequency circuits, today announced that it has been joining O-RAN ALLIANCE, a globally active mobile network and technology provider group with the goal of transforming the RAN (radio access network) industry to make the mobile networks more intelligent, accessible, virtual and completely interoperable.

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WLAN Market Competitive Dynamics, Size, Share and Global Outlook by forecast 2027

 Global WLAN Market Research Report– by component (controller, router, switch, AP), by technology standards (802.11a/b/g, 802.11n, 802.11ac), by location (indoor, outdoor), by application (IT, BFSI, healthcare, hospitality, government) - Forecast 2027

Market Highlights

The WLAN market is projected to grow at a high CAGR during the forecast period. As per the WLAN market research report, the global market for WLAN is anticipated to grow rapidly. As per analysts, the increasing demand for cloud applications along with the growing influence of the internet of things (IoT) will drive the market growth throughout the forecast period. The WLAN market research report provides an in-depth analysis of the global WLAN market and its technology standards, component, applications, and location segments. The weak deployment of cloud-based services as well as underdeveloped infrastructure are the factors which could affect the WLAN market growth during the forecast period. The WLAN market research report by expert analysts is intended to help companies in the WLAN market.

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Market Segmentation

The global WLAN market has been segmented based on technology standards, component, applications, and location. On the basis of technology standards, the market for WLAN is segmented based on 802.11a/b/g, 802.11n, 802.11ac. Additionally, the market on the basis of component, is segmented into controller, router, switch, AP. The global market for WLAN is also covered based on applications segment which is further split into IT, BFSI, healthcare, hospitality, government. On the basis of location, the market for WLAN is segmented based on indoor, outdoor. 

Key influences such as the slow economic landscape could obstruct the WLAN market growth. However, as per the WLAN market research report, an increase in the number of connected devices as well as the growth in smart home appliances will drive growth during the forecast period. These key growth factors will help support the WLAN market growth at a high CAGR. The segmental analysis of technology standards, component, applications, and location segments as well as regional market analysis has been presented in the global WLAN market research report. Analysts studying the WLAN market have presented projections in the WLAN market research report assisting WLAN market-based companies in numerous ways. The WLAN market research report offers crucial details about the WLAN market based on the data and forecasts till 2027.

Regional Analysis

North America, Europe, Asia Pacific and the rest of the world regional market for WLAN are primarily covered in the global WLAN market research report. The report also covers country-level markets spread across North America – the United States, Canada, and Mexico. In South America – Brazil and other country-level WLAN markets are covered in the report. In Asia-Pacific (APAC) region, the country-level WLAN markets covered are China, India, Japan, and others. The WLAN market research report also covers the regional market for WLAN spread across European countries including the United Kingdom, France, Italy, Spain, and Germany, etc. The WLAN market research report further explores other regional markets from the rest of the world including WLAN markets of the Middle East and Africa. As per the global WLAN market research report.

Key Players

Technological advancements in certain key regional markets like North America are expected to accelerate the WLAN market growth worldwide. The global WLAN market is set to witness challenges including a poor network infrastructure, however, companies in the WLAN market will sustain the growth rate. The WLAN market research report also offers company profiles of key players operating in the WLAN market around the world. Additionally, the global WLAN market report provides detailed analysis of the market based on primary and secondary research data collected from the WLAN market’s key decision makers as well as stakeholders. The WLAN market research report covers all such factors assisting companies in the WLAN market to improve their plans and portfolio.

Industry News

The new study of Gartner's magical Wired and Wireless LAN Networking Quadrant has been revised this week by Cisco, Juniper Networks, Aruba and Intense Networks. The four suppliers were ranked as market leaders. In comparison to other studies by the sector, the reports from Gartner's Magic Quadrant WAN do not attempt to rate vendors in terms of market share or profits and include a report card on the industry. It puts sellers into four categories — niche players, visionaries, competitor and leaders — on the basis of their vision as a whole and their ability to meet market demands.

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Online Travel Market Key Drivers, Size, Share, Trends, Growth, Future Scope Analysis and Forecast To 2027

 Online Travel Market Report: By Platform Type (Mobile/Tablets Based, Desktop Based) Mode of Booking (Online Travel Agencies, Direct Travel Facilitators) Service Type (Transportation, Accommodation, Vacation Packages) - Global Forecast till 2027

Market Dynamics

The online travel market 2020 could potentially reach a valuation of USD 1,134.55 Billion by 2027, confirms Market Research Future (MRFR). MRFR also estimates the market progression rate to be 13.16% between 2020 and 2027 (review period). We will provide covid-19 impact analysis with the report. The report offers an in-depth analysis of the market following the coronavirus disease outbreak.

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COVID-19 Impact

As per MRFR analysis, the impact of COVID-19 on the online travel industry is quite high and is likely to remain the same during the coming months. Even after the situation reverts to normal, the industry will continue to follow the norms of social-distancing. The industry cannot expect the same quantum of airline and lodging bookings as before. It is expected that the prices will increase considering how important it is for the customers to travel. This will, in turn, result in increased cash flow in the market, thereby creating opportunities for the OTAs across the globe.

Growth Boosters and Main Barriers

With frequent technical innovations along with the rising use of smartphones, new methods are being explored that can make traveling more comfortable and easy, leading to expansion of the travel and tourism industry. Mobile apps have gained massive traction in the market and are a big hit among travelers looking for the best travel arrangements. Hassle-free navigation and easy accessibility via online travel sites have led to boom in the online travel market. Over the years, travel bookings on mobiles have become quite prevalent across the globe.

More and more companies are exploring new ways to fulfill the evolving needs of the travelers, leading them to develop innovative apps to generate higher interest. Apps imbibed with numerous features are being created to be connected throughout the traveler’s journey and help them as and when needed. These apps offer the travelers with high flexibility, becoming a differentiating factor that helps the consumers determine which travel company to choose from during the online travel process. Customers also download airlines and hotels apps for quick booking and other related services. Various other services are emerging that are expected to generate more interest in online traveling, which include concierge services, customized coupons, and in-destination services. These innovative services help promote the brand and procure higher consumer base, thus working in favor of the online travel market.

Social media platform in the online travel market has been a significant influencer, acting as a noteworthy marketing medium for online agencies. More and more travelers are using social media to post their reviews and given information about their travel experience, which helps others decide which travel agency to go for, based on their requirements. Therefore, social media can emerge as a notable trend in the online travel market during the appraisal period.

Segmental Review

Platform type, booking and service type are the main segment according to which the market review has been conducted in the report.

The platform types include desktop-based platform as well as mobile/tablets based.

The booking-wise market segmentation comprises direct travel facilitators and online travel agencies.

Depending on the service type, the primary segments include accommodation (hotels and guest house/dormitory), vacation packages (in-country and outside country) and transportation (air travel, train travel, bus travel and others).

Regional Insight

The geographical analysis of the online travel market is done for North America, Europe, Asia-Pacific, and the rest of the world.

In 2017, North America led the market with a share of 33.75% and held the value of USD 192.46 billion. It is projected that the North American market can achieve a growth rate of 11.8% during the assessment timeline. The same year, the second position was held by Europe at a value of USD 178.72 billion; and estimations indicate that the regional market can progress at a rate of 12.0%. The APAC market can gain the fastest growth rate of 15.9% in the following years.

The influx of automation, augmented and virtual reality and big data have created several opportunities for the travel agencies in North America. The online travel market in the region is booming, backed by the rising demand for CRM solutions across diverse industries, combined with the increasing use of the mobile booking technology as well as travel apps.

In Europe, the thriving travel and tourism industry forms the core of the economy and generates high degree of employment. The expansion of the tourism sector in the region is the biggest growth booster in the online travel market in Europe.

APAC is creating waves in the online travel market, thanks to the rising disposable income, expansion of the middle-class category, and increasing penetration of Internet facilities. Ctrip is considered to be the leader among the online travel companies in China, while Yatra, Cleartrip and MakeMytrip are some of the most renowned online travel agencies in India. OTAs have become the most favored medium for online bookings in APAC, resulting in better market growth.

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File Sharing Software Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2027

 

File Sharing Software Market Research Report Information - By Type (Client-Server, Peer to Peer), By Deployment Mode (Cloud), By End-user (Enterprises and Individual), By Vertical (Government, Healthcare, Media and Entertainment) - Global Forecast to 2027

Overview

The global file sharing software market is expected to have significant growth with a CAGR of 24.8% during the forecast period (2020-2027).

The market growth is attributed to the advancements in digital technology that enables the end user to share data seamlessly regardless of time and place. Major developments in the Internet of things (IoT) along with 5G technology and cloud computing offers better prospects for the file sharing software market. The file sharing software allows the employees to work from anywhere and anytime on their personal devices; this boosts employee productivity.  Also, the employees are required to share a large amount of data seamlessly for working efficiently. The file sharing software offers a platform for such employees, and thus, the market is expected to grow at a significant rate.

Furthermore, cloud computing technology offers efficient sharing and synchronizing of files, images, video, and storage services. Enterprises, as well as individual users, are increasingly adopting cloud deployment to store and share files at a significant rate.  Also, the adoption of bring your own device (BYOD) is also one of the fueling factors for the growth of the market. The growing concerns over data security due to third-party vendor involvement is the limiting factors for the growth of file sharing software market

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COVID-19 Analysis 

COVID-19 has forced several organizations to transform their workplaces and education digitally to operate effectively. Organizations that depend on advanced technologies like IoT, AI, and cloud to rethink and advance their business for the future by fast-tracking digital transformation will always be at the forefront in the competition. With lockdowns and social distancing being enforced by the government, companies that were not resistant to the concept of a distributed workforce too have been compelled to permit work from home to continue work while measures are taken to curb the spread of the deadly virus. Thus, the mobile workforce trends coupled with the growing digital workplace have led to the positive growth of the file sharing software industry.

Competitive Analysis

According to MRFR analysis, the growth of the global file sharing software market is dependent on the market conditions. The key vendors in the global file sharing software market are Google (US), Dropbox Inc. (US), Microsoft Corporation (US), Box (US), Citrix Systems, Inc. (US), ownCloud GmbH (Germany), Intralinks Holdings, Inc. (US), Huddle (UK), Tresorit (Switzerland and Hungary), Onehub (US), IBM Corporation (US), SecureDocs, Inc. (US), Open Drive (US), Droplr (US), WeTransfer (Netherlands).. 

Segmental Analysis

The file sharing software market has been classified into type, deployment-mode, services, end user, and vertical.

The type segment is further divided into system native, client-server, peer-to-peer, and others. The client-server segment accounted for the largest market share in 2017, and the peer-to-peer segment is expected to be the second largest market during the forecast period. Furthermore, the deployment segment is categorized into cloud and on-premise. The cloud segment is expected to dominate the market with the highest CAGR during the forecast period.

Additionally, the end-user segment has been segmented into enterprise user and individual user. The enterprise user segment is expected to dominate in 2017, and the individual user segment was valued with the higher CAGR during the assessment period.

Furthermore, the enterprise user is globally categorized into different verticals that include BFSI, healthcare, media and entertainment, IT & telecom, government, education and research, and others.

Regional Analysis

Geographically, the file sharing software market has been categorized into North America, Europe, Asia-Pacific (APAC), and the rest of the world (RoW).

North America is leading the file sharing software market. The market growth is attributed to the rising number of BYOD users, adoption of cloud technology, and the need for transferring and sharing data quickly. Various mergers, partnerships, and collaborations take place in the US market, making it significantly dynamic. Few instances include Dropbox Inc.’s strategic partnership with Zoom Video Communications in October 2018 and the partnership between Dropbox and Salesforce for business expansion in March 2018.

Asia-Pacific is presumed to be the fastest growing region in the file sharing software market. The market growth is attributed to a surge in the number of enterprises adopting BYOD. Furthermore, China is one of the major revenue generating countries in the Asia-Pacific file sharing software market. Although there is a penetration of foreign file sharing platform providers in the country, the local people mainly adopt the local file sharing platform to share files. The top local file sharing software includes Baidu cloud, WeChat, Wetransfer, NiHao Cloud, and Nutstore Shanghai Yicun Network Technology Co., Ltd

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Cloud Video Streaming Market Business Revenue, Future Scope, Market Trends, Key Players And Forecast To 2027

 Global Cloud Video Streaming Market, By Components (By Streaming Cloud Content), By Streaming Type (Live Streaming, Video on Demand, Video Hosting), By Cloud Deployment (Private Cloud, Hybrid Cloud), By Vertical (Media & Entertainment, Education, Government) - Forecast 2027

Market Highlights

The cloud video streaming turns as a pillar for business operation and helps organizations modernize their daily operations, such as scheduling meetings, live table conference, interact internally with customers and many more. North America accounts for highest market share in cloud video streaming market due to the timely adoption of cloud based networks. The early adoption of BYOD is helping the North American market generate highest revenue. The growing IT management complexity combined with the capability to deploy new applications faster are the primary drivers for cloud based video services adoption in this region. Countries such as US, Canada and Mexico is generating highest revenue in cloud video streaming market.

The cloud video streaming market is growing rapidly over 18.9% of CAGR and is expected to reach at USD 16.6 billion by the end of forecast period.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Cloud Video Streaming Market Research Report -Forecast to 2027”.

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COVID-19 Analysis

The COVID-19 pandemic has disrupted activities and plans of corporations and organizations. Lockdown restrictions have enforced people to stay within their homes for curbing the spread of the disease. Cloud streaming providers are profiting of the event owing to customers opting for OTT services for their entertainment. Monumental increase in live streaming events and investments in streaming infrastructure are likely to favor the market growth over the forecast period.

Small players are employing a dynamic event orchestration for hosting the event and terminating the services post-event. Claro, a Brazilian media company, makes use of the technology for live streaming of motorsports and news to customers based on their location. Scale, speed, and flexibility are features of cloud computing that can push for the streaming services. High-demand events can be recorded with the service and ensure its monitoring in real-time.

Market Segmentation

The cloud video streaming market has been segmented on the basis of vertical. It includes media & entertainment, education, healthcare, government and others. In education sector, cloud based video streaming content helps student to gain knowledge regarding various subjects such as mathematics, history, geography and many other even though they missed out a lecture.

The prominent players in the cloud video streaming market are- A-frame (U.K.), Amazon Web Services (U.S.), Encoding.Com (U.S.), Forbidden Technologies (U.K.), Haivision (U.S.), Microsoft (U.S.), Adobe Systems Incorporated (U.S.), Akamai Technologies, Inc. (U.S.), Sorenson Media (U.S.) among others.

Market Research Analysis:

Regional analysis for cloud video streaming market is studied in different geographic regions as North America, Europe, Asia-Pacific and Rest of World. North America region is mainly dominating the market due to adoption of advanced marketing techniques in enhancing business and increase adoption of analytics by organization in cloud marketing platform. North America region is one of the prominent player in the market due to advanced technological implementation in education system. European region is also gaining growth owing to growing demand from citizens and huge investment by enterprise in cloud based video streaming market. Asia-Pacific region is the fastest growing player in the cloud video streaming market owing to advanced technological development from countries such as China and India is boosting the market growth. Increasing urbanization, business expansion, industrial developments and growing educational sector is driving the growth of cloud based video streaming market in the region. Growing economies such as India, Japan, and China accounted for the largest market share due to growing IT network in this region. The region consists of many small and medium size enterprise that is contributing towards the growth of market from the region.

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