Broadcasters can upload and broadcast their videos in real-time on paid basis with the help of live streaming pay-per-view, a video hosting service platform. Many companies have started focusing on expanding their offerings in the live streaming pay-per-view market with different collaborating strategies. Additionally, live workshops and seminars conducted by many experts in the field of education have given rise to the adoption of live streaming and pay-per-view platforms.
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The operation cost of these live sessions has been reduced because live streaming does not require a classroom and can be set up with a limited number of hardware and software devices. Furthermore, live streaming videos can be paired with data visualization tools to project graphs and diagrams for a better understanding of the students. These tools provide a real-time classroom experience for the students without actually being present in the classroom. Because of this feature adoption of live streaming has increased in the education sector, thereby driving the market growth. Additionally, to deliver content to broader audience, schools, corporate, and individual teachers, and educational institutes have started adopting video-on-demand platforms. Which is expected to drive the live streaming pay per view live streaming pay-per-view market growth.
However, the content creators cannot wait and depend on people to visit their site and purchase the service or content. Instead, it needs to rely on people to be live during that particular time to watch their streaming. Additionally, during live streaming technical errors such as slow internet causing buffering of video can annoy the viewers, resulting in them not seeing the video at all. This causes one of the major restraints on the growth of the live streaming pay-per-view market.
Key industry players – Amazon Web Services, Inc. Cleeng Dacast HULU, LLC InPlayer Ltd. Streaming Video Provider Muvi LLC Sky Group StreamGate Pty Ltd Phando, PrestoSports (Stretch Internet) Vimeo, Inc. (Livestream) Wowza Media Systems, LLC
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