Video Processing Platform Market Size, Share and Global Forecast 2029
Video Processing Platform Market is projected to grow at a significant Compound Annual Growth Rate (CAGR) of 14.1% during 2022-2029. The factors driving growth of the Video Processing Platform (VPP) Market includes increasing penetration of smartphones around the world, growing demand for high quality videos, rising popularity of Video-On-Demand services and improvements in internet connectivity around the world. Moreover, commercialization of 5G technology, increasing number of internet users across the globe, emerging trend of mobile video streaming, growing adoption of advanced technologies such as Artificial Intelligence (AI), and Machine Learning (ML) and rapid urbanization, are some of the additional factors supplementing the Video Processing Platform Markets size . In addition, the increasing investments by major corporation on research and development, strategic mergers, and collaborations between enterprises, rise in the launch of innovative products and growing populati...