SAN JOSE, California, May 5, 2020
Agora's software defined dedicated network sees 60% increase in usage, from 25 billion to more than 40 billion minutes streamed monthly
SAN JOSE, California, May 5, 2020 /PRNewswire/ -- Agora.io, the leading voice, video and live interactive streaming platform, saw tremendous growth during the first quarter of 2020, including a 300 percent increase in developer sign-ups from the last quarter of 2019 to the first quarter of 2020, as well as a 60 percent increase in overall network usage. Agora's interactive voice, video, and messaging SDKs are embedded into mobile, web and desktop applications across more than 1.7 billion devices globally.
Amid social distancing and work-from-home orders in response to COVID-19, many consumers and organizations are turning to online video streaming to engage, interact and stay connected with one another during these times. With no signs of demand slowing down, the growing user adoption of interactive video and voice streaming solutions is expected to bring the market's compound annual growth rate (CAGR) to more than 19 percent with more than 240 million streaming users expected in the U.S. by the end of 2020.
"The demand for real-time engagement was growing even before the epidemic but in the last few months it became very compelling. We've seen a trend in organizations and institutions that have either accelerated their digital transformation plans or have been forced to put a strategy and plan into action as a result of COVID-19," said Reggie Yativ, Chief Operations Officer at Agora.io. "As a global company with easy-to-implement live, interactive video and voice SDKs, we are well-positioned to work with companies around the world to add real-time engagement features to their applications quickly to ensure their employees and customers can continue to connect with one another while adhering to the social distance orders that are enacted around the globe. We believe that the new world we are living in will require all businesses across the globe to adjust and form more comprehensive and engaging digital strategies to ensure business continuity."
From the more than 88 percent of enterprises implementing remote work to the 1.5 billion students globally out of school, live, interactive video and voice streaming offers an answer to the growing need for a sense of normalcy during the pandemic. Recent use cases Agora has supported include:
If you're interested in learning more about Agora's partners or its live interactive video and voice SDKs for your mobile, web or desktop apps visit www.agora.io for more information.
Agora.io helps apps increase user engagement and retention with a developer platform for live, interactive audio, video, and messaging features at planetary scale. With a dedicated network and device-optimized SDKs, Agora is the only real-time engagement platform designed to cross borders and reach users on low-bandwidth networks and on lower-powered devices.