To begin livestreaming or multistreaming, you’ll need three core components: your video or audio input, an encoder, and the destination(s) you want to stream to. Video streaming software is often confused with video streaming solutions. We also list out the key features, appropriate usage, pros, cons, and pricing tiers to give you a better picture of each product. In this list, we’ve compiled the top 5 most popular video streaming software currently in the market. However, as there are more streaming options, it can be tricky for new users to pick the right streaming software program that provides the fundamental key features and suits their budget. Video streaming software is essential for any broadcasting project.