<div>Will Law, Chief Architect, The Cloud Technology Group at Akamai Technologies, said, "Combining our CDN with Bitmovin's player has resulted in a valuable proposition for the media industry. Enabling the player to share key client-side metrics with the CDN gives video developers a clearer picture of the end user's viewing experience. It can positively impact a video streaming service's overall performance and, ultimately, business growth."</div><div></div><div></div><div></div><div></div><div></div><div>akamai adaptive media player download video</div><div></div><div>Download:
https://t.co/nMeqhuyn69 </div><div></div><div></div><div>Dublin, Jan. 11, 2021 (GLOBE NEWSWIRE) -- The "Global Online Video Platforms Market By Component, By Streaming Type, By Platforms Type, By End User, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering. </div><div></div><div> </div><div></div><div> The Global Online Video Platforms Market size is expected to reach $13.4 billion by 2026, rising at a market growth of 14.4% CAGR during the forecast period. An online video platform (OVP) is chargeable software that permits content owners and publishers to manage, track, transcode, store, publish, and monetize online video content on their channels. In addition, the platform streamlines the live streaming of videos, at the same time recording the live broadcast, and hosting videos according to the demand. Online video platforms are increasingly gaining popularity across handheld devices like tablets and smartphones. We can play live or pre-uploaded video content on these devices at any place and at any time as they are compatible.</div><div></div><div></div><div></div><div>Over the last few years, the market has witnessed major growth. This is owing to the increasing popularity of online videos, with viewership gradually beating conventional video content platforms like cable and satellite television. In the developed regions, this pattern is influencing the online video platform market positively. For example, in 2018, DirecTV owned by AT&T, a U.S.-based satellite pay television provider, lost 1.2 million pay-TV customers globally. This was mainly due to the severe competition created by Over the Top (OTT) and Video on Demand (VOD) players. On the other hand, DirecTV Now, AT&T's online version of DirecTV, obtained 436,000 new subscribers worldwide the same year. This is credited to changing preference of consumers towards online video content.</div><div></div><div></div><div></div><div>The COVID-19 pandemic has resulted in severe lockdown regulations across various countries. This factor results in a major increment in the consumption of online video content because people considering indoor entertainment alternatives to pass their free time. Due to lockdown norms, various governments necessitate schools and colleges to take online classes. The outbreak of COVID-19 has played a major role in expanding the overall share of the education segment in the market. Due to the online classes, the overall revenue of many e-learning platforms has been increased.</div><div></div><div></div><div></div><div>By Component</div><div></div><div></div><div></div><div>Based on Component, the market is segmented into Solution and Services. The service segment is anticipated to witness major growth over the forecast years. This is owing to the rising demand for professional and managed services for video streaming platforms. With the surge of cloud-based video content, data security risks also expand. To address these limitations, enterprise managed services offer cloud security solutions that enable users to protect their websites, applications, and cloud data centers against a majority of cyberattacks.</div><div></div><div></div><div></div><div>By Streaming Type</div><div></div><div></div><div></div><div>Based on Streaming Type, the market is segmented into Video on Demand and Live Streaming. The video-on-demand segment held the highest market share in 2019. This is owing to the easy accessibility of videos over the cloud, which provides independence to stream videos constantly from any place. Another component encouraging the growth of the video-on-demand space is an opportunity to increase revenue from ads by providing more pertinent ad copy according to the interest of the user.</div><div></div><div></div><div></div><div>By Platforms Type</div><div></div><div></div><div></div><div>Based on Platforms Type, the market is segmented into Video Processing, Video Analytics, Video Distribution, Video Management and Others. The video processing segment held the highest market share in 2019. Video processing platforms offer features like high-density transcoding, effective IP conversion, adaptive bitrate packaging, encryption, and streaming into a modular and visualized solution. These solutions offer broadcasters a cost-effective method to give online video solutions, both on the live streaming and video-on-demand platform.</div><div></div><div></div><div></div><div>By End User</div><div></div><div></div><div></div><div>Based on End User, the market is segmented into Media & Entertainment, Retail, IT & Telecommunication, Education, BFSI and Others. The education segment is anticipated to witness the significant CAGR during the forecast period. With the advent of advanced learning analytics dashboards over e-learning platforms, monitoring live interaction and learning progress has become much convenient. The wide scope availability of these modern analytics features is anticipated to encourage the adoption of e-learning platforms globally in the upcoming years.</div><div></div><div></div><div></div><div>By Region</div><div></div><div></div><div></div><div>Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific is estimated to witness the biggest CAGR over the forecast years. Due to the increased scope of video-on-demand and live streaming videos over online video platforms in the media and entertainment sector, the regional market is anticipated to witness promising growth. Moreover, the regional market is also boosted by increasing penetration of the internet across the region.</div><div></div><div></div><div></div><div>The major strategies followed by the market participants are Partnerships. Based on the Analysis presented in the Cardinal matrix; Comcast Corporation and Google, Inc. are the forerunner in the Online Video Platform Market. Companies such as Akamai Technologies, Inc., MediaMelon, Inc., RTL Group S.A., Kaltura, Inc., and Telstra Corporation Limited are some of the key innovators in the market.</div><div></div><div></div><div></div><div>The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google, Inc. (YouTube), Akamai Technologies, Inc., Brightcove, Inc., Comcast Corporation, Limelight Networks, Inc., Telstra Corporation Limited, RTL Group S.A. (SpotX, Inc.), Panopto, Inc., Kaltura, Inc. and MediaMelon, Inc.</div><div></div><div></div><div></div><div>Unique Offerings from the Publisher</div><div></div><div> 7c6cff6d22</div>