Technology

Video Streaming Software Market worth $26.13 billion in 2031 | Report by MarketsandMarkets™

Published

2 hours ago

June 5, 2026

DELRAY BEACH, Fla., June 5, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Video Streaming Software Market is expanding rapidly, with a projected market size rising from about USD 13.80 billion in 2026 to USD 26.13 billion by 2031, for a CAGR of 13.6%.

Browse 250 market data Tables and 150 Figures spread through 320 Pages and in-depth TOC on ‘Video Streaming Software Market – Global Forecast to 2031’

Video Streaming Software Market Size & Forecast:

Market Size Available for Years: 2021–20312026 Market Size: USD 13.80 billion2031 Projected Market Size: USD 26.13 billionCAGR (2026–2031): 13.6%

Video Streaming Software Market Trends & Insights:

The growth of OTT video streaming platforms, the increased demand for live streaming software, and the rise in online video content consumption are driving the expansion of the Video Streaming Software Market.The AI video workflow tools segment is estimated to grow at the fastest rate of 21.1% in the Video Streaming Software Market during the forecast period.By streaming type, live streaming is estimated to grow at the fastest rate of 15.6% during the forecast period.Connected TV (CTV) & Streaming Platforms are expected to hold the largest market share of USD 9.86 billion in 2031 in the global Video Streaming Software Market by consumption mode/device.Asia Pacific is growing fastest in the Video Streaming Software Market, driven by expanding OTT video streaming platforms, rising mobile video consumption, and rapid digital content distribution across smartphones and connected devices requiring scalable, cloud-based video streaming software infrastructure.

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Globally, the Video Streaming Software Market is strengthening as media companies, OTT providers, enterprises, and educational institutions expand live streaming and on-demand video delivery to support digital engagement and global audience reach. Large-scale streaming deployments across North America, Europe, and the Asia Pacific are generating substantial concurrent traffic volumes, driving demand for scalable cloud video streaming platforms and high-performance content delivery networks. Organizations are transitioning from legacy on-premises media servers to centralized and hybrid cloud video streaming software architectures that enable cross-platform distribution, AI-powered video analytics, and advanced audience insights. Streaming platforms must sustain high-concurrency workloads while ensuring low-latency playback, adaptive bitrate streaming, and seamless multi-device compatibility. Rising data privacy regulations and digital content protection standards are accelerating the adoption of DRM-secured streaming, encrypted video delivery, and region-specific compliance controls. As global digital media consumption expands, scalable, secure, and analytics-driven video streaming software is becoming a foundational component of modern content distribution ecosystems.

By streaming type, Live Streaming is expected to capture the highest CAGR during the forecast period.

Live streaming technologies enable real-time video delivery across sports broadcasting, entertainment events, enterprise communication, live commerce, gaming, digital learning, and interactive audience engagement environments. Standard live streaming continues to support large-scale OTT broadcasting and digital events where delivery stability and audience scalability are prioritized over real-time interaction. Low-latency streaming technologies are rapidly expanding across live auctions, sports engagement, virtual classrooms, and enterprise collaboration workflows where playback delays must remain within a few seconds to support synchronized viewer participation. Ultra-low latency streaming is becoming increasingly critical for cloud gaming, real-time betting, immersive sports streaming, and interactive communication applications that require sub-second response times and highly synchronized viewer interactions. Technological innovation is accelerating around WebRTC delivery, Low-Latency HLS, AI-assisted bitrate optimization, edge-native orchestration, and adaptive streaming intelligence designed to improve stream stability during high-concurrency events.

According to Agora, in March 2025, the company launched its Conversational AI Engine optimized for ultra-low latency voice and interactive streaming experiences. According to Agora documentation updated in March 2025, its Interactive Live Streaming Premium infrastructure supported ultra-low latency streaming between 400 ms and 800 ms for real-time engagement applications. According to Wowza, in September 2024, the company expanded low-latency streaming interoperability through partnerships supporting LCEVC and advanced real-time streaming workflows. Strategic collaborations between cloud providers, CDN vendors, AI companies, and streaming infrastructure providers are increasingly focused on scalable ultra-low latency architectures, synchronized audience engagement, and AI-driven stream optimization ecosystems.

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By consumption mode/device, mobile/handheld devices are expected to have the largest market share during the forecast period.

Mobile and handheld streaming environments are driving significant transformation across the Video Streaming Software Market as consumers increasingly prefer personalized, on-the-go video experiences across smartphones and tablets. iOS streaming applications are increasingly optimized for premium video rendering, low-power playback efficiency, secure content protection, and immersive user interfaces designed for high-value OTT and subscription streaming experiences within the Apple ecosystem. Android streaming platforms continue to dominate global streaming accessibility through scalable device compatibility, adaptive playback optimization, AI-powered recommendation integration, and flexible monetization support across a highly fragmented device landscape.

Innovation is accelerating around AI-assisted bandwidth optimization, vertical video interfaces, offline playback intelligence, and 5G-enabled low-latency streaming architectures designed to improve mobile engagement and reduce playback interruptions. According to Brightcove, in December 2025, the company introduced Vertical Video experiences and enhanced AI-powered localization capabilities supporting mobile-first streaming consumption and personalized audience engagement workflows. Streaming providers are increasingly prioritizing mobile-native engagement models, AI-powered playback optimization, and low-latency mobile delivery architectures to support rising global mobile video consumption and creator-driven streaming ecosystems.

North America is expected to lead the market during the forecast period.

North America remains a highly attractive region for video streaming software vendors due to widespread broadband penetration, mature OTT ecosystems, strong cloud infrastructure, and high enterprise demand for digital video engagement platforms. Media companies, enterprises, educational institutions, and sports broadcasters across the US and Canada are increasingly investing in scalable video streaming software to support live streaming, video-on-demand, hybrid events, employee communication, and personalized viewer experiences. According to TV Technology in August 2025, streaming intelligence provider NPAW reported that smart TVs and set-top boxes accounted for 69% of video-on-demand viewing time in North America, highlighting continued consumer preference for high-quality large-screen streaming experiences.

At the same time, vendors are strengthening AI-powered video capabilities such as automated captioning, multilingual localization, metadata generation, and adaptive content delivery to improve audience retention and operational efficiency. AI-enabled dubbing and localization are becoming major competitive differentiators for streaming software providers operating in North America. Reuters reported in March 2025 that Amazon Prime Video introduced AI-aided dubbing for licensed movies and series in English and Spanish to expand multilingual content accessibility and viewer engagement. Similarly, Business Wire reported in April 2026 that 3Play Media launched an AI dubbing solution for YouTube creators that combines AI-based translation, human linguistic refinement, and performance analytics to support global content distribution. These developments indicate that vendors are rapidly integrating generative AI, real-time captioning, and automated localization workflows to reduce content adaptation costs while accelerating cross-border streaming expansion.

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Top Companies in Video Streaming Software Market:

The Top Companies in Video Streaming Software Market include Amazon Web Services (AWS) (US), Comcast Technology Solutions (US), Vimeo.com (US), Microsoft (US), Synamedia (England), IBM (US), Brightcove (US), Kaltura (US), Edgio (US), Agile Content (Spain), Haivision (Canada), Panopto (US), Enghouse Video (Canada), Akamai Technologies (US), Dailymotion (France), Hive Streaming (Sweden), and Blue Billywig (Netherlands).

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About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

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SOURCE MarketsandMarkets

Technology

CRAY LAUNCHES “CRAY PROTECTED” VENUE SAFETY PROGRAM

Published

46 minutes ago

June 5, 2026

New program gives hospitality venues a visible, branded safety certification and physical toolkit to protect patrons from drink spiking and dating-related harm

TAMPA, Fla., June 5, 2026 /PRNewswire/ — Cray, the digital student safety platform behind CrayScore™ and SchemerScore™, today announced the launch of Cray Protected — a venue safety certification and physical materials program designed for bars, restaurants, nightclubs, and event venues that want to make patron safety a visible part of their brand.

Cray Protected gives participating venues a branded safety package that includes the official Cray Protected badge and window decals, NightCapIt drink cover stickers to prevent drink tampering, QR-coded branded coasters that connect patrons directly to the Cray safety app, venue safety posters for bathrooms and common areas, and branded shot glasses for behind the bar. Three tiered packages are available starting at $99, scaled to venue size and type, with consumable restocking available on a one-time or monthly auto-ship basis.

“A venue that makes safety visible doesn’t just do the right thing — it builds the kind of reputation that fills tables on a Friday night. Cray Protected gives hospitality operators a simple, affordable way to show their patrons that safety isn’t an afterthought.”

— Justin Smith, Founder and CEO, Cray

THE PROBLEM CRAY PROTECTED ADDRESSES

More than 11 million drinks are spiked in the United States every year. One in thirteen people report having their drink tampered with at a bar or event. Despite widespread awareness of the problem, most venues lack any structured response beyond after-the-fact incident management.

Cray Protected is designed to change that — putting prevention tools physically in the hands of staff and patrons before incidents occur, while giving venues a visible, recognizable marker of their commitment to patron safety.

THE CRAY PROTECTED PACKAGES

Venues choose from three setup kits based on venue type:

Restaurant Kit — $99

Window decals, posters, 50 coasters, 25 drink covers, 6 shot glasses, and the Cray Protected badge

Bar & Nightclub Kit — $149

Window decals, posters, 100 coasters, 100 drink covers, 6 shot glasses, and the Cray Protected badge

Event Venue Kit — $199

Window decals, posters, 150 coasters, 200 drink covers, 6 shot glasses, and the Cray Protected badge

All packages include free shipping and a listing on Cray’s growing map of Cray Protected venues. Consumable restocking — coasters and drink covers — is available as a one-time or monthly auto-ship order, with tiered pricing that reflects volume. Learn more at cray.app/protected.

THE NIGHTCAPIT PARTNERSHIP

Cray’s drink cover stickers are offered in partnership with NightCapIt, the anti-drink-spiking brand co-founded by Shirah Benarde. NightCapIt’s peel-and-stick covers are widely recognized in the bar safety space and are included in all Cray Protected venue packages.

ABOUT CRAY

Cray is a digital student safety tool available on iOS, Android, and web that helps users identify red flags, detect manipulation, and verify the identity of people they meet online before meeting in person. Cray’s product suite includes CrayScore™, SchemerScore™, BaeScore™, CatfishCheck, OffenderCheck, and VibeCheck — with core reports available free of charge. Cray also partners with universities, Title IX offices, and Greek life organizations through its campus partnership program.

Founded by Justin Smith in Tampa, Florida, Cray was built from a personal experience with deception in a long-term relationship — and a belief that informed trust is stronger trust.

cray.app | @cray.app

For venue inquiries, interview requests, or press assets, contact: hello@cray.app

For venue package information and ordering: cray.app/protected

Contact:
Justin Smith, Founder & CEO, Cray
hello@cray.app
cray.app/protected

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SOURCE Cray App, LLC

Technology

CIMA+ RECEIVES TWO DISTINCTIONS AT THE 2026 ITE CANADA DISTRICT AWARDS

Published

46 minutes ago

June 5, 2026

VICTORIA, BC, June 5, 2026 /CNW/ – CIMA+, one of Canada’s largest private consulting engineering firms, received two distinctions at the 2026 ITE Canada District Awards, recognizing both project excellence and leadership in the transportation industry. Presented during the ITE Canada District Awards Luncheon held on June 3 in Victoria, British Columbia, the awards highlight outstanding achievements and contributions within Canada’s transportation community.

CIMA+ received the ITE Transportation Achievement Award – Planning for its work with the City of Edmonton on the 2025 update of the Complete Streets Design and Construction Standards (CSDCS). This initiative modernizes the city’s street design standards by integrating best practices in active transportation, climate resilience and safety. Thanks to the enhanced standards, designers now have clearer guidance in the development of more accessible, sustainable and livable communities. The enhancements also serve as a benchmark for other cities, both in Alberta and across Canada.

In addition, Kelsey Waugh, Project Manager, Transportation Mobility at CIMA+, was recognized with the ITE Canada District Rising Star Award for her leadership, technical expertise and contributions to the transportation profession.

With more than a decade of experience in transportation planning and engineering, Kelsey has led complex multidisciplinary initiatives, including transportation studies, environmental assessments, road safety reviews and large-scale data collection programs. She is also actively involved in mentoring emerging professionals and fostering collaboration within teams and across the industry.

Her involvement with ITE spans both Section and District leadership roles, including currently serving as Treasurer for the ITE Canada District. Recognized as one of Canadian Consulting Engineer’s Top 10 Under 40, Kelsey continues to contribute to the advancement of the profession through industry engagement, knowledge sharing and leadership development.

About CIMA+

CIMA+ provides complete consulting engineering services in the areas of Energy and Resources, Infrastructure, Defence, Transportation, Buildings, Project Management, Operational and Digital Technologies (including Telecommunication Systems), and Earth and Environment. The search for excellence has been part of our DNA since our founding in 1990, and our teams draw on decades of experience acquired across Canada to deliver quality projects that meet our clients’ expectations. This commitment to excellence and quality has allowed CIMA+ to rank among the largest private consulting engineering firms in the country. Today, with over 45 offices across Canada, CIMA+ employs more than 3,700 people, most of whom share ownership in the company.

Our multidisciplinary team is driven by a shared passion to deliver sustainable solutions that make our world a better place.

From our Board of Directors to the communities we serve, our commitment to people is evident in our drive to innovate, in the projects we carry out and in every action we take.

For more information, visit cima.ca

SOURCE CIMA+

Technology

Tech hiring lifts national job growth, demonstrates rising demand for tech talent, CompTIA finds

Published

46 minutes ago

June 5, 2026

Major tech employment metrics show positive results in May

DOWNERS GROVE, Ill., June 5, 2026 /PRNewswire/ — US employers expanded their technology workforces amid ongoing demand for tech talent, according to analysis by CompTIA, the leading global provider of vendor-neutral IT training and certifications.

Nearly 587,000 active job postings for technology occupations were listed by US employers last month.

Tech occupation employment, which includes technology professionals working in all industry sectors, increased by 69,000 workers in May, CompTIA’s analysis of the U.S. Bureau of Labor Statistics (BLS) #JobsReport data shows.1 An estimated 5.9 million people work in tech occupations across the country

The unemployment rate for tech occupations is 3.1%, a drop from April’s 3.5% rate.

Tech industry employment increased by about 6,700 jobs in May.2 Job growth was led by new hiring in two categories – cloud infrastructure, data processing and hosting, and IT and custom software services and systems design.

“More than ever, business success relies on technology,” said Seth Robinson, vice president, industry research, CompTIA. “Our research has shown a desire to build capability in core operational functions, which then allows companies to build advanced practices in AI, data and cybersecurity.”

Nearly 587,000 active job postings for technology occupations were listed by employers last month.3 The total included almost 269,000 newly added job postings in May, an increase of about 4,000 from April.

By volume of job postings, positions for software developers and engineers, systems engineers and architects, tech support specialists and cybersecurity engineers and analysts were among those in highest demand. Positions for web developers, search engine optimization specialists and telecommunications engineering specialists saw the biggest month-over-month jumps on a percentage basis.

Tech job postings were widely dispersed geographically, with the New York, Washington and Dallas metropolitan areas having the highest numbers of openings.

The “CompTIA Tech Jobs Report” is available at https://www.comptia.org/en-us/resources/research/tech-jobs-report/.

About CompTIA
CompTIA, Inc. is the leading global provider of vendor-neutral training and certification products in the information technology (IT) space. Over four million CompTIA certifications have been awarded to current and aspiring technology workers, business professionals, government and military personnel, career changers, students and others. Working in partnership with thousands of academic institutions, governments, training providers and workforce development organizations, CompTIA uses best-in-class learning solutions, industry-recognized certifications and career resources to help job seekers reach their full potential and employers develop skilled technical talent. Learn more at https://www.comptia.org/.

Contact
Steven Ostrowski
CompTIA
sostrowski@comptia.org
630-678-8468

1 Monthly occupation level data from the U.S. Bureau of Labor Statistics tends to experience higher levels of variance and volatility.
2 Labor market data from the U.S. Bureau of Labor Statistics and employer job postings from Lightcast may be subject to backward revisions.
3 Active job postings include new postings added by employers in the latest month and open postings carried over from previous months.

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SOURCE CompTIA