Media (Video) Processing Solutions Market to Reach US$ 27,439.1 Mn by 2026
According to a new market report pertaining to the media (video) processing solutions market published by Transparency Market Research , the media (video) processing solutions market (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is projected to reach US$ 27,439.1 Mn by 2026. The market is projected to expand at a CAGR of 14.4% during the forecast period from 2018 to 2026. Growth of the market is attributed to improving infrastructure to deliver high-quality videos. Asia Pacific is anticipated to lead the media (video) processing solutions market, followed by Europe during the forecast period. Improving Infrastructure to Deliver High-quality Videos Data access for streaming live videos has increased greatly due to advancements in broadband services, enabling viewers to experience improved video quality without any lag in real time. The U.S. Federal Communications Commission (FCC) has implemented a plan to improve Internet access in the U.S....