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Asia Pacific region is expected to hold the major share of the video live streaming solutions market size during the forecasted period. The global video live streaming solutions market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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Further, video live streaming solutions offer live streaming and on-demand services through Over-the-top (OTT) video distribution to content right owners and distributors. Video live streaming solutions provide benefits such as multiple source streaming rooms and channels, live preview and monitoring services, and a wide range of H.264 parameters (video compression standard). Technically, video live streaming solution is the method of transmitting compressed video across a private or public network such as internet, a LAN, satellite, or cable television, further to be uncompressed at receiver’s end and played on computing devices such as a TV, smartphone or computer. Video live streaming solutions are increasingly gaining popularity as users are diverting to online live streaming services such as YouTube, Netflix, Amazon Prime and others., rather than watching traditional TV. Further, introduction of live streaming media solutions such as Google Chromecast, Apple TV, Slingbox, and Fire TV has changed the watching experience across mobile devices to a great extent. Increasing adoption of online multimedia content in social media industry is one the main reasons for viewers moving toward multi-screen streaming.
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