Dacast, a privately owned US-based company founded in 2008, provides an integrated video streaming platform. Employing approximately 50 people, the company offers technology for conferencing, e-commerce, and customer journey management. Its platform allows businesses to broadcast video content, offering viewers both free and paid viewing options. In 2023, Dacast's revenue was less than $10 million.
Conferencing, ecommerce and customer journey technology
Ownership
Privately Owned
News Summary:
Internet video consumption is high, with video content accounting for over 82% of internet traffic in recent years. Audiences favor video content, particularly live streams. Viewers consume entertainment online, spending considerable time watching live streams, video on demand (VOD), and other video content; while long-form content is popular, viewers also desire quickly consumable entertainment. Video podcasting is rapidly growing, offering creators a more engaging way to connect with audiences through visual elements. Technical issues, such as low-quality streams despite advanced equipment, can occur. Streaming on over-the-top (OTT) platforms is predicted to surpass traditional TV programming, with a projected 4.9 billion global viewers by 2029.
Dacast offers products in the enterprise tech industry. Dacast's product portfolio comprises of conferencing, ecommerce and customer journey technology.
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Dacast's revenues were less than $10M in 2023. All the revenue comes from enterprise video and real-time streaming platforms.
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