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Writer's pictureClaudia Levi

Streaming technology updates: What's New for 2023?

Updated: May 3

The streaming technology landscape is constantly evolving, with 2023 bringing a host of new advancements and trends that are reshaping the industry. From real-time streaming capabilities and industry trends to innovations in content delivery and monetization, as well as the emergence of new video technologies, codecs, and streaming software platforms, this article delves into the key updates that are defining the streaming space in 2023.

Key Takeaways

  • Real-time streaming continues to scale with solutions like Wowza, while cost-efficient options like Nimble Streamer are gaining traction.

  • Ultra-low-latency streaming is a hot topic, with HESP and WebRTC competing for dominance in delivering real-time content.

  • Content personalization and monetization strategies are evolving, with OTTera partnering with ThinkAnalytics and Broadpeak's Cloud DVR solution for MagentaTV.

  • New video codecs such as AV1 and HEVC (H.265) are rising, and AI-based codec development is laying the groundwork for future innovations.

  • Streaming software and platforms are advancing, with comprehensive buyer's guides available and analytics playing a crucial role in user engagement.

Advancements in Real-Time Streaming

Scaling Real-Time Streaming with Wowza

Wowza's latest advancements have made scaling real-time streaming more efficient than ever. With a focus on high-performance delivery, Wowza's solutions are designed to handle the increasing demand for live content. The platform's ability to scale dynamically ensures that broadcasters can deliver high-quality streams to a global audience without interruption.

Nimble Streamer: A Cost-Efficient Solution

Nimble Streamer stands out as a cost-efficient streaming software that doesn't compromise on quality. It offers a lightweight and highly customizable framework for streaming media, making it an ideal choice for businesses looking to optimize their streaming operations without incurring high costs.

Ultra-Low-Latency Streaming: HESP vs WebRTC

In the realm of ultra-low-latency streaming, the battle between HESP and WebRTC continues. Both protocols offer sub-second latency, but they differ in their approach and use cases. HESP is gaining traction for its efficiency and scalability, while WebRTC remains a popular choice for interactive applications requiring real-time communication.

  • Key Benefits of HLS Streaming:

  • Wide Compatibility

  • Encoding at Multiple Quality Settings

  • Scalability

  • Comparing HLS Streaming to Other Video Streaming Protocols:

  • Adobe HTTP Dynamic Flash Streaming (HDS)

  • Real-Time Messaging Protocol (RTMP)

  • Microsoft Smooth Streaming (MSS)

  • Dynamic Adaptive Streaming over HTTP (MPEG-DASH)

  • Real-Time Streaming Protocol (RTSP)

  • Web Real-Time Communication (WebRTC)

  • Secure Reliable Transport (SRT)

Trends and State of the Streaming Industry

Scaling Real-Time Streaming with Wowza

In 2023, Wowza continues to be a pivotal force in scaling real-time streaming, accommodating the surge in demand for high-quality live content. Their latest innovations focus on enhancing the scalability and reliability of streaming services, ensuring that broadcasters can deliver seamless experiences to a growing audience.

Nimble Streamer: A Cost-Efficient Solution

Nimble Streamer emerges as a cost-efficient solution for content delivery, particularly for small to medium-sized enterprises. Its lightweight infrastructure and flexible pricing model make it an attractive option for those looking to optimize their streaming operations without compromising on performance.

Ultra-Low-Latency Streaming: HESP vs WebRTC

The battle for ultra-low-latency streaming is heating up with HESP and WebRTC leading the charge. Both technologies promise sub-second latency, but they take different approaches to achieve this, with HESP focusing on efficiency and WebRTC on real-time communication.

Live-Streaming Technology Trends of 2023

Live streaming services are pushing the limits of online video and OTT, with live events setting the standards for industry success. The most demanded fast genre in 2024 is news, indicating a shift in consumer preferences and the importance of real-time information.

Autumn and Spring: A Semiannual Streaming Overview

The semiannual reports on the state of streaming reveal a dynamic industry with fluctuating trends. The streaming growth rate halved in 2023, but platforms like Netflix find ways to adapt and thrive amidst the changing landscape.

The Impact of File-Transfer Workflow Challenges

File-transfer workflow challenges continue to impede the efficiency of media and broadcast operations. Addressing these issues is crucial for the industry to maintain the pace of content delivery and meet the ever-increasing consumer expectations.

Innovations in Content Delivery and Monetization

Broadpeak's Cloud DVR Solution for MagentaTV

Broadpeak's innovative Cloud DVR solution has been instrumental in powering Deutsche Telekom's new MagentaTV service. This technology allows users to record and store TV content in the cloud, offering a flexible and scalable alternative to traditional DVR systems. The integration of cloud-based services is a significant step forward in content delivery, providing viewers with enhanced control over their viewing experience.

OTTera and ThinkAnalytics: Personalization and Revenue Growth

OTTera's partnership with ThinkAnalytics represents a strategic move to enhance content personalization and drive revenue growth. By leveraging advanced analytics and machine learning, the collaboration aims to deliver a more tailored viewing experience, which is crucial for engaging audiences and fostering loyalty in a competitive market.

The State of Video Monetisation 2024

The video monetization landscape is rapidly evolving, with new platforms and strategies emerging. A key development is the rise of video monetization platforms, such as Dacast, which offer comprehensive solutions for content creators to monetize their video content effectively. The focus on monetization is expected to intensify as creators and businesses seek to capitalize on the growing demand for online video content.

Emerging Video Technologies and Codecs

The Rise of AV1 and HEVC (H.265) Codecs

The landscape of video codecs is witnessing a significant shift with the rise of AV1 and HEVC (H.265). These next-generation codecs are designed to deliver higher quality video at lower bitrates, making them ideal for streaming high-resolution content. AV1, in particular, is gaining traction due to its royalty-free status and improved compression efficiency over its predecessors.

AI-Based Codec Development and its Foundations

In the realm of codec development, AI is playing an increasingly pivotal role. AI-based codecs are being developed to optimize streaming quality dynamically, taking into account device capabilities and network conditions. This approach promises to enhance user experiences by providing consistently high-quality video, irrespective of the viewing environment.

The Future of Video Codecs 2024

Looking ahead to 2024, the future of video codecs is poised for exciting advancements. With the continuous evolution of technology, we can expect to see further improvements in compression methods, which will facilitate even more efficient streaming services. The industry is moving towards a more adaptive and intelligent system that can cater to the diverse needs of users and platforms.

The Evolution of Streaming Software and Platforms

The streaming software landscape is continuously evolving, with platforms striving to enhance user engagement and streamline content delivery. 2023 has seen significant strides in live streaming software, offering creators and broadcasters new tools to reach their audiences more effectively.

Buyers' Guide: Live Streaming Software

Choosing the right live streaming software can be daunting. This year's guide focuses on features such as multi-platform support, ease of use, and integration capabilities. The guide ranks platforms based on user reviews and performance metrics, providing a valuable resource for creators looking to make an informed decision.

Eluvio's Next-Gen Content Fabric \- Casablanca Release

Eluvio has released the Casablanca update to their Content Fabric platform, emphasizing decentralized content delivery and enhanced security. The update introduces new functionalities aimed at reducing costs and improving the scalability of content distribution.

The Role of Streaming Analytics in User Engagement

Streaming analytics has become a cornerstone for understanding viewer preferences and behavior. Platforms are now offering detailed analytics tools that help content creators tailor their offerings and improve user retention. The use of analytics is not just about numbers; it's about gaining actionable insights to drive engagement and growth.

Conclusion

As we've explored the latest advancements and trends in streaming technology for 2023, it's clear that the industry continues to evolve at a rapid pace. From the adoption of AI-based codec development to the integration of ultra-low-latency streaming for sports and interactive events, the future of streaming is being shaped by a relentless pursuit of quality, efficiency, and user engagement. Partnerships like Tubi and DAZN, and the use of cloud DVR solutions by major telecom providers, signify a shift towards more personalized and accessible streaming services. With the industry's focus on enhancing personalization and driving revenue growth, as well as addressing workflow challenges and codec innovations, we can expect to see further advancements that will redefine the streaming experience for both content providers and consumers. As we look ahead, it's evident that streaming technology will continue to be a dynamic and transformative force in the media landscape.

Frequently Asked Questions

What are the latest advancements in real-time streaming for 2023?

In 2023, real-time streaming has seen significant advancements with solutions like Wowza that offer scalable streaming at scale, and Nimble Streamer, which provides a cost-efficient streaming software option.

What are some of the emerging trends in the streaming industry this year?

The streaming industry in 2023 is experiencing trends such as increased focus on ultra-low-latency streaming with technologies like HESP and WebRTC, as well as the rise of AI-based codec development.

How is content delivery and monetization evolving in 2023?

Content delivery and monetization are evolving through innovations like Broadpeak's Cloud DVR solution for MagentaTV, and partnerships like OTTera's with ThinkAnalytics to enhance personalization and drive revenue growth.

What new video codecs are gaining popularity in 2023?

AV1 and HEVC (H.265) codecs are gaining popularity in 2023, offering improved compression and quality for video streaming. Additionally, AI-based codec development is laying the foundations for future codec innovation.

What software and platforms are leading the evolution of streaming in 2023?

Streaming software and platforms are evolving with tools like Eluvio's Next-Gen Content Fabric — Casablanca Release, and a growing emphasis on streaming analytics for enhancing user engagement.

What challenges are impacting the streaming industry's file-transfer workflows?

The streaming industry's file-transfer workflows are facing challenges such as the need for efficient data management, security concerns, and the integration of cloud-based solutions to streamline content distribution.

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