Blog/Audio & Video quality testing

Audio and Video Software Industry: 2024 in Review

Audio and Video Software Industry: 2024 in Review

The past year has been transformative for the audio and video software industry. From groundbreaking AI-driven advancements to significant improvements in compression and streaming technologies, 2024 has laid the foundation for the next generation of media experiences. AI-powered codecs, real-time video optimization, and immersive communication tools have expanded the possibilities in both entertainment and enterprise applications.

In this report, we review the most impactful developments of 2024, including major product launches, industry-shaping events, and the latest innovations in audio and video processing.

News

Top stories

Webex announced the general availability of the Webex AI Codec

Meta's low bitrate audio codec

M3-CVC: A Glimpse into the Future of AI-Driven Video Compression

Sony 360 Reality Audio

Nvidia Fugatto, World’s Most Flexible Sound Machine Debuts

How AI is Enhancing WebRTC Video Conferencing Applications.

FFmpeg 7.0 "Dijkstra" Released

QUIC: The Secure Communication Protocol Shaping the Internet’s Future

Spotify Unveils Uninterrupted Video Podcasts, Audience-Driven Payments, and the New Spotify for Creators Platform

AI Enhances Dialogue Clarity in TV & Film

Meta announces Movie Gen, an AI-powered video generator

OpenAI | Sora is here

For developers

WebRTC API Updates

WebRTC API Update 2025

2024 Open Source Review: A quantitative analysis of WebRTC advancements

Product News

100ms Live

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Apple

  • Explore Vision Pro, a spatial computer blending digital content and apps into physical spaces, navigable via eyes, hands, and voice - Apple Vision Pro [Feb 2, 2024]

Amazon

Dialpad

Digital Samba

Discord

Dolby.io

Google Meet

Lightware

Logitech

Meta

Microsoft

  • Expanded Azure Communication Services with improved noise suppression and enhanced APIs for video calling - December 2024 Feature Updates [Dec 16, 2024]

Mux

Netflix

RingCentral

RealTyme

Sonos

  • Discover how Sonos's mishandling of the new app rollout resulted in the loss of its most loyal customers - The Sound Of Failure at Sonos [Aug 24, 2024]

Spotify

Telnyx

  • New Video API designed to provide high-quality audio and video experiences. The platform leverages Telnyx's private network to reduce latency and packet loss - Telnyx Video API is now live for all users! [Jun 14, 2024]
  • Discover the newly introduced bi-directional streaming support in its voice products, enabling audio to be played directly on calls - Bi-directional streaming support [Sep 10, 2024]

 TikTok

  • Check out the enhanced video editor with an AI-generated music feature, allowing creators to produce custom audio tailored to their content - What’s Next: 2024 in Action

TrueConf

Webex

  • Discover the AI Assistant enhancements which can provide meeting summaries, multilingual support, and speaker recognition - Webex What’s New
  • Check out Cisco Spatial Meetings, designed for Apple Vision Pro, offering life-like video with remarkable depth, creating an immersive meeting experience - How Cisco is Using Apple Vision Pro to Create the Next Evolution of Spatial Collaboration [Oct 23, 2024]
  • Enjoy the video messaging tool, Vidcast, which is now embedded directly into the Webex app. This integration allows users to easily share ideas or create quick screencasts for team members to view at their convenience - Webex Rewind Spring 2024 [May 7, 2024]

Whereby

X

YouTube 

Zoom

Events

These events highlighted advancements in AI, cloud-based solutions, and real-time processing, underscoring the rapid evolution of the audio and video industry. In 2024, technology professionals, developers, and engineers in this field witnessed another year of significant progress.

Here’s a look at some key events that shaped the future of video and audio technology:

Demuxed 2024, 16–17 Oct, San Francisco, CA, USA

Demuxed remains the go-to conference for video engineers, bringing together experts from Netflix, Meta, Dolby, and other industry leaders. This year’s sessions covered video encoding, low-latency streaming, and the latest developments in WebRTC and AI-assisted video processing. TestDevLab was also represented at the event, with Ģirts Graudiņš, our Business Strategist, in attendance.

Video @Scale 2024, 20-21 Nov, San Francisco, CA, USA

Designed for engineers managing large-scale video systems, Video @Scale 2024 focused on the challenges of serving millions of users simultaneously. Key discussions covered video delivery optimization, cloud-based encoding, and new compression algorithms that enhance streaming quality.

Video Quality Experts Group (VQEG) Meetings, virtual event

VQEG continued its mission of developing methodologies for assessing video quality. In 2024, the group focused on standardizing video quality metrics for emerging formats such as AV1 and VVC, as well as evaluating real-time streaming quality for next-generation applications.

Streaming Media Connect 2024, Feb 19-22, virtual event

This virtual conference examined the latest trends in live streaming and OTT platforms, including AI-driven content recommendations, cloud-based video transcoding, and advancements in low-latency streaming technologies.

Zoomtopia 2024, Oct 9-10, San Jose, CA, USA

At its annual user conference, Zoom introduced new AI-powered features, including real-time meeting transcription, automatic summaries, and enhanced noise suppression. The event also showcased Zoom’s expanded integrations with productivity tools and third-party collaboration platforms.

Understanding Latency 2024, Dec 9-11, virtual event

This free online event focused on network latency and the latest advancements in L4S (Low Latency, Low Loss, Scalable Throughput), highlighting its impact on real-time audio and video applications. Industry experts shared insights on minimizing lag in VoIP, live streaming, and cloud gaming.

International Conference on Signal Processing and Communication Systems (ISCPCS) 2024, Dec 16-18, Surfers Paradise, Gold Coast, Australia

ISCPCS 2024 united researchers and professionals to explore the latest advancements in signal processing and communication systems. Key topics included AI-driven signal enhancement, next-generation codecs, and innovations in wireless audio transmission.

2024 2nd International Workshop on Signal Processing and Machine Learning (WSPML), Jun 7-9, virtual event

WSPML focused on AI and machine learning applications in signal processing, highlighting advancements in deep learning for real-time audio enhancement, adaptive filtering techniques, and transformer-based models for speech recognition.

International Conference on Systems, Signals, and Image Processing (IWSSIP) 2024, Jul 9-11, Graz, Austria

This event showcased innovations in image and video processing, with researchers presenting their work on neural network-based upscaling, HDR video enhancement, and AI-powered video compression.

Streaming Media East 2024, May 20-22, New York, NY, USA

Streaming Media East 2024, a key event for streaming industry professionals, highlighted innovations in live event streaming, content monetization strategies, and the future of video delivery infrastructure, including 5G and edge computing.

Integrated Systems Europe (ISE) 2024, Jan 30-Feb 2, Barcelona, Spain

ISE 2024, one of the largest exhibitions for pro AV and systems integration, showcased AI-enhanced video solutions, next-gen streaming platforms, and advancements in spatial audio. Attendees had the opportunity to explore the latest AV hardware and software innovations designed to create immersive experiences.

IEEE Events

The Institute of Electrical and Electronics Engineers (IEEE) is a global organization committed to advancing technology for humanity's benefit. With members from diverse technical disciplines, including electrical engineering, computer science, and electronics, IEEE publishes influential literature, develops industry standards, and hosts conferences, webinars, lectures, and forums to foster knowledge sharing and collaboration.

Conferences

Exhibitions

Looking ahead

As we enter 2025, the momentum from 2024 continues to propel the industry forward. AI-enhanced video communication, smarter codecs, and more efficient streaming protocols are transforming how content is delivered and experienced. Emerging technologies such as AV1, AI-powered generative video, and advanced real-time communication tools are setting new benchmarks for quality and accessibility.

With major conferences and research initiatives already planned for the year ahead, 2025 is poised to bring even greater innovation. Whether through AI-driven advancements in video conferencing or the next evolution of WebRTC, the industry is ready for another transformative year.

Stay tuned as we track the ongoing evolution of audio and video technology in the year to come.

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