Video Processing Market to Hit $20.6B by 2032; Microsoft Exits PhonePe Stake
Global video processing market will grow from $9.79B in 2026 to $20.63B by 2032 at 13.1% CAGR, driven by AI, cloud and edge computing. Microsoft plans to sell its PhonePe stake in an IPO valuing the company at $9–10.5B, raising about $900M–$1.05B.
1. Video Processing Market Forecast
Global video processing platform market is set to expand from $9.79B in 2026 to $20.63B by 2032 at a 13.12% CAGR driven by AI automation, cloud migration and edge computing. This growth underscores opportunities for Microsoft’s Azure Media Services and related cloud offerings as enterprises increase multimedia deployments across media, healthcare and education sectors.
2. PhonePe Stake Sale Details
Microsoft will sell its PhonePe stake in an IPO valuing the payments company at $9–10.5B, alongside Walmart and Tiger Global reducing their holdings. The share sale is poised to raise about $900M–$1.05B, trimming Microsoft’s fintech exposure as PhonePe prepares to list by April.