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3. Top Companies List of Video Processing Platform Industry - Akamai Technologies (US) and MediaKind (US) | MarketsandMarkets

The video processing platform market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.1% during the forecast period, to reach USD 13.5 billion by 2028 from USD 7.6 billion in 2023. The  growing adoption of mobile devices and video centric product marketing strategies is expected to drive the growth of the global video processing platform market.

Major Video Processing Platform Companies Include

• Akamai Technologies (US)
• MediaKind (US)
• Imagine Communications (US)
• Harmonic (US)
• Synamedia (UK)
• Avid Technology (US)

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Akamai Technologies

Akamai Technologies is one of the top vendors for media delivery solutions. It offers a variety of services and solutions that are categorized into security, web performance, media delivery, network operator, and other services. Its media delivery solution, Adaptive Media Delivery, is optimized to provide consistent, high-quality video playback experiences across any screen for growing online audiences. This solution is designed to simplify player operations for content providers while ensuring quality online media playback for their clients' web or app-based streaming video and audio experiences. It is built on the Akamai Intelligent Edge Platform, which provides superior scalability, reliability, availability, and reach. Additionally, Akamai provides supplementary solutions such as Download Delivery, Media Services Live, NetStorage, and Adaptive Media Player.

This company serves a diverse range of industries such as finance, hospitality, travel, media, entertainment, public sector, retail, and consumer goods. It has a widespread customer base and operates globally with over 4,100 locations in 135 countries. The company has a significant presence in the Americas, Asia Pacific, and Europe, Middle East, and Africa.

MediaKind

MediaKind is one of the leading providers of innovative media technology and services that enhance user experience and enable efficient content delivery. The company is a market leader in video processing platforms, leveraging the latest technologies to provide intelligent video solutions to customers worldwide. MediaKind offers a comprehensive suite of end-to-end solutions and services to help customers operate profitably, adapt continuously, and make a difference in the industry. The company's products span across video processing and storage, video decoding, processing management and control, stream processing and modulation, and media platforms. Additionally, MediaKind offers solutions for contribution and distribution, consumer delivery, consumer experience, monetization, and engagement. One of the company's flagship solutions is the Video Storage and Processing Platform (VSPP), which offers a unified solution for cloud DVR, on-demand, and time/place-shifted services. This platform provides better performance, reduced latency, and significantly lower CAPEX and TCO, making it a valuable choice for service providers, operators, content owners, and broadcasters worldwide.

MediaKind offers a wide range of services, including media processing and delivery, contribution processing, direct-to-consumer processing, TV platforms, cloud DVR, time and place shifting, advertising and analytics, VR/360, and low-latency UHD decoding. Its services cater to various industries, including BFSI, public services, telecommunications, and media and entertainment. MediaKind operates in the Americas, Europe, Asia Pacific, and the Middle East and Africa.

Imagine Communications (US)

Imagine Communications specializes in end-to-end video and advertising management solutions for media companies, facilitating the transition to IP, cloud-based, and software-defined networks. Their offerings include playout solutions like automation and branding, networking and distribution with IP-based infrastructure, and advertising management for ad sales and trafficking. Known for their innovative approach, they help broadcasters modernize their broadcast systems.

Harmonic Inc. (US)

Harmonic Inc. delivers video delivery infrastructure solutions for cable, satellite, and IPTV operators, with a focus on video compression, stream processing, and storage. Their key products include video streaming solutions for live and on-demand content, virtualized cable access solutions, and content production tools. Harmonic is a leader in video compression technology, contributing significantly to the development of HEVC and UHD solutions.

Synamedia (UK)

Synamedia provides video software solutions emphasizing security, monetization, and user experience, serving media companies, broadcasters, and pay-TV operators. Their offerings include video security to prevent piracy, cloud DVR services, and analytics and monetization tools. Formed from Cisco's video software business, Synamedia is renowned for its robust video security technologies and comprehensive video delivery solutions.

Avid Technology, Inc. (US)

Avid Technology offers tools for media creation, management, and distribution, widely used in the film, television, and music industries. Their flagship products include Media Composer for video editing, Pro Tools for audio production, and MediaCentral for media management. Avid's software is integral to many award-winning films and music projects, establishing them as a cornerstone in professional media and entertainment technology.

Related Reports:

Video Processing Platform Market by Component (Hardware, Platform, Services), Application (Video Upload & Ingestion, Dynamic Ad Insertion, Video Transcoding & Processing, Video Hosting), Content Type, Vertical and Region - Global Forecast to 2028

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