Tencent Cloud, the cloud business of global technology company Tencent, announced today that it is once again recognized as a Representative Vendor in the Gartner® "Competitive Landscape: Video Platform Services" report. We believe this recognition highlights our leading audio and video technology and product portfolio advantages along with its comprehensive global services—reaffirming Tencent Cloud's dominant position in the Asia-Pacific market for audio and video capabilities and its robust global competitiveness.
According to the 2024 Gartner® "Magic Quadrant™ for Communications Platform as a Service (CPaaS)" report, Tencent Cloud was recognized as the top performer in the Asia-Pacific region for its Ability to Execute and is the only Chinese company included in the Magic Quadrant. Tencent Cloud has also held the largest market share in CPaaS for three consecutive years.
The Gartner® "Competitive Landscape: Video Platform Services" report highlights the growing global demand for various OTT video content, driven by technological advancements and diverse content offerings. Vendors are differentiating themselves by integrating emerging technologies like generative AI.
Tencent Cloud's Media Processing Service (MPS) offers a comprehensive solution for industries such as media and entertainment, e-commerce, and education, supporting global digital transformation. It provides capabilities in media processing, cloud live streaming, and video on-demand, with advanced encoding technology that significantly reduces operational costs while maintaining high quality.
Tencent Cloud is actively involved in the development of video standards such as H.266/VVC and AV1, and collaborates with ecosystem partners to ensure low-latency and stable audio/video transmission. The company also leads or participates in open-source audio and video projects.
In the realm of AI-generated content (AIGC), Tencent Cloud is integrating AI with audio and video solutions, maintaining a top market share in video live streaming and media asset management. Its innovative features, such as real-time subtitles and voice cloning for short dramas, facilitate international expansion and enhance user experience.
Tencent Cloud continues to optimize its technology and collaborate with various industries to support high-quality development and business innovation on a global scale.
According to the 2024 Gartner® "Magic Quadrant™ for Communications Platform as a Service (CPaaS)" report, Tencent Cloud was recognized as the top performer in the Asia-Pacific region for its Ability to Execute and is the only Chinese company included in the Magic Quadrant. Tencent Cloud has also held the largest market share in CPaaS for three consecutive years.
The Gartner® "Competitive Landscape: Video Platform Services" report highlights the growing global demand for various OTT video content, driven by technological advancements and diverse content offerings. Vendors are differentiating themselves by integrating emerging technologies like generative AI.
Tencent Cloud's Media Processing Service (MPS) offers a comprehensive solution for industries such as media and entertainment, e-commerce, and education, supporting global digital transformation. It provides capabilities in media processing, cloud live streaming, and video on-demand, with advanced encoding technology that significantly reduces operational costs while maintaining high quality.
Tencent Cloud is actively involved in the development of video standards such as H.266/VVC and AV1, and collaborates with ecosystem partners to ensure low-latency and stable audio/video transmission. The company also leads or participates in open-source audio and video projects.
In the realm of AI-generated content (AIGC), Tencent Cloud is integrating AI with audio and video solutions, maintaining a top market share in video live streaming and media asset management. Its innovative features, such as real-time subtitles and voice cloning for short dramas, facilitate international expansion and enhance user experience.
Tencent Cloud continues to optimize its technology and collaborate with various industries to support high-quality development and business innovation on a global scale.
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