NAICS Code 517810-07 - Internet Webcasting
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NAICS Code 517810-07 Description (8-Digit)
Hierarchy Navigation for NAICS Code 517810-07
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Tools
Tools commonly used in the Internet Webcasting industry for day-to-day tasks and operations.
- Streaming software (e.g. OBS, Wirecast)
- Video cameras
- Microphones
- Audio mixers
- Video switchers
- Video encoders
- Content delivery networks (CDNs)
- Webcasting platforms (e.g. Livestream, Vimeo Live)
- Video hosting services (e.g. YouTube, Vimeo)
- Analytics tools (e.g. Google Analytics)
Industry Examples of Internet Webcasting
Common products and services typical of NAICS Code 517810-07, illustrating the main business activities and contributions to the market.
- Live streaming concerts
- Webinars and online training sessions
- Virtual conferences and trade shows
- Church services and religious events
- Sports events and competitions
- Corporate meetings and presentations
- Political rallies and speeches
- Gaming and esports tournaments
- Online talk shows and podcasts
- Educational lectures and classes
Certifications, Compliance and Licenses for NAICS Code 517810-07 - Internet Webcasting
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Federal Communications Commission (FCC) License: Internet webcasting companies must obtain a license from the FCC to operate legally in the United States. The FCC regulates all interstate and international communications by radio, television, wire, satellite, and cable in the United States. The license is required to ensure that the webcasting company is operating within the legal framework of the United States.
- Digital Millennium Copyright Act (DMCA) Compliance: Internet webcasting companies must comply with the DMCA, which is a United States copyright law that criminalizes the production and dissemination of technology, devices, or services that are used to circumvent digital rights management (DRM) technologies.
- General Data Protection Regulation (GDPR) Compliance: Internet webcasting companies that operate in the European Union must comply with the GDPR, which is a regulation that requires companies to protect the personal data and privacy of EU citizens for transactions that occur within EU member states.
- Payment Card Industry Data Security Standard (PCI DSS) Compliance: Internet webcasting companies that accept credit card payments must comply with the PCI DSS, which is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment.
- Americans with Disabilities Act (ADA) Compliance: Internet webcasting companies must comply with the ADA, which is a civil rights law that prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation, and all public and private places that are open to the general public.
History
A concise historical narrative of NAICS Code 517810-07 covering global milestones and recent developments within the United States.
- The Internet Webcasting industry has its roots in the early 1990s when the first audio webcast was broadcasted. In 1995, RealAudio was launched, which allowed live audio streaming over the internet. The first video webcast was broadcasted in 1997, and in 1998, the first live webcast of a major music concert was broadcasted. In the early 2000s, the industry saw significant growth with the introduction of broadband internet, which allowed for higher quality streaming. In recent years, the industry has seen a surge in popularity due to the COVID-19 pandemic, which has led to an increase in demand for virtual events and online streaming services. In the United States, the Internet Webcasting industry has seen significant growth in recent years. In 2018, the industry generated $4.8 billion in revenue, up from $3.3 billion in 2014. The growth of the industry can be attributed to the increasing popularity of online streaming services such as Netflix and Hulu, as well as the rise of virtual events and webinars. The COVID-19 pandemic has also played a significant role in the growth of the industry, with many businesses and organizations turning to webcasting as a way to connect with their audiences remotely.
Future Outlook for Internet Webcasting
The anticipated future trajectory of the NAICS 517810-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Internet Webcasting industry in the USA is positive. The industry is expected to continue to grow as more people consume digital content and streaming services become more popular. The COVID-19 pandemic has accelerated the growth of the industry as more people are staying at home and consuming digital content. The industry is also expected to benefit from the increasing popularity of podcasts and live streaming events. However, the industry may face challenges from increasing competition and changing consumer preferences. Overall, the industry is expected to continue to grow in the coming years.
Industry Innovations for NAICS Code 517810-07
Recent groundbreaking advancements and milestones in the Internet Webcasting industry, reflecting notable innovations that have reshaped its landscape.
- Live Streaming: Internet Webcasting has made it possible for people to watch live events from anywhere in the world. This has revolutionized the way people consume content and has made it possible for people to watch events that they would not have been able to attend in person.
- Virtual Reality: Internet Webcasting has also made it possible for people to experience events in virtual reality. This has opened up new possibilities for entertainment and education.
- Podcasts: Podcasts have become increasingly popular in recent years, and Internet Webcasting has made it possible for people to listen to podcasts on demand. This has made it easier for people to consume content on the go.
- Interactive Content: Internet Webcasting has made it possible for people to interact with content in new ways. For example, some webcasts allow viewers to ask questions or participate in polls.
- Personalization: Internet Webcasting has made it possible for content to be personalized to individual viewers. This has made it easier for people to find content that is relevant to their interests.
NAICS Code 517810-07 - Internet Webcasting
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