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10+ Best Live Streaming Software (2023)

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There are numerous live streaming software choices on the market for both content creators and long-term business owners. In reality, live streaming can be a challenging endeavour to master due to the numerous intricacies involved.

However, regardless of your skill level or previous experience, there is a solution that will work best for you. How do you choose amongst all of the alternatives, and which option is best for you? We’ll go over the best live streaming software solutions for powering your live feed.

List Of Best Live Streaming Software.

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Bandicam is a utility software that provides the services of screen recording and capturing to the users. It is actively used by a lot of YouTubers. It was first released in the year 2009. Also, this software is developed and distributed by Bandicam company. The main feature is that it offers you with three different modes. These modes are given below:
  • Screen Recording.
  • Game Recording.
  • Device Recording.
In Screen Recording mode, it enables you to record the full screen or certain are of PC screen as per your choice. The second is Game Recording Mode which allows you to record the target which is created in OpenGL or DirectX. The third & last mode which is Device Recording mode. In this mode, it enables you to record other devices like Webcams and HDMI devices. Moreover, this software also displays the FPS count at the corner of the screen of the PC.
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PROS:
  • Available for Windows with Simple and Intuitive Interface.
  • Offers Three Different Modes with Support to Record HDMI Devices.
CONS:
  • Doesn't Offer Cross-Platform Compatibility.
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OBS Studio is a utility software that provides services like streaming and recording to the users. The full form is Open Broadcaster Software Studio. It was first released in the year 2012. Also, this software was originally developed by Hugh Jim Bailey. But, nowadays, it is developed by a community under OBS Project. The most important features of the software are that it follows the open-source approach. It means that it allows you to access the source code of the software. Plus, you can customize it if you want to. Moreover, it is free software. So, you can install and use this software without any cost. There are a number of features that are provided by this software. Some of the important features are given below:
  • Device Capture.
  • Real-Time Source.
  • Scene Composition.
  • Recording.
  • Encoding.
  • Broadcasting.
All of the above features are pretty efficient as well as productive. There won't any type of complaint from you.
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PROS:
  • Cross-Platform Availability with Uncluttered User Interface.
  • Free and Open-Source with Support to Multiple Formats.
CONS:
  • Overkill for Simple Projects,
Wirecast is a software which is specially used for live streaming production. It enables you to create live as well as on-demand broadcasts for the web. It was first released in the year 2004. Also, this software is developed and distributed by Telestream. The main feature is that it allows you to switch between multiple live video cameras in real-time. While doing it, you can perform mixing with other media sources dynamically. It offers you two different versions. Those versions are:
  • Wirecast Studio.
  • Wirecast Pro.
Both of the versions are priced at a good level. Plus, there are a lot of features that you will be getting in these versions. So, it won't let you down in any case. Some of the important features are animated 3d titles & graphics, hosting guests on your stream, the encoding of video sources and unlimited capture. Also, it allows you to stream to different servers as well as platforms at once.
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PROS:
  • Support Cross-Platform Compatibility with Quality Support.
  • Offers Advanced Functionality with Constant New Features.
CONS:
  • Quite Resource-Intensive..
Nvidia Shadowplay is a hardware-accelerated software which is used for screen recording. It uses GeForce GPUs in order to do so. It was first released in the year 2013. Also, as the name suggests, this software is developed and distributed by Nvidia. It will provide you with the ultimate gaming and streaming experience. The only condition to use this software is that your system must have a GeForce graphics card. The main feature of the software is that it allows you to configure the software in a way to record continuously time behind. Also, it enables you to save the video retroactively. There are two different capture methods available for the users. These methods are given below:
  • Frame Buffer Capture. (NVBFC)
  • Inband Frame Readback. (NVIFR)
In the first mode, NVBFC is a full-screen mode where you can capture the full screen. Plus, it will enable you to capture single-window rather than the full-frame buffer.
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PROS:
  • Available for Windows Devices with Amazing Performance.
  • Shortcut Makes It Easy To Use During a Game.
CONS:
  • Doesn't Support Cross-Platform Compatibility.
Steam is primarily a video game digital distribution service that also offers streaming services to the users. So, users can easily stream their gameplay to their audience. It was released in the year 2003. It offers software to download and install on your device. Also, this software is developed and distributed by Valve Corporation. It was first developed to provide an update of games that were developed by Valve. But, after some time, third-party games also got included in it. And, it became pretty popular among the users. Nowadays, it offers digital rights management (DRM), social networking servers, and matchmaking servers. Moreover, users can add friends to their profile. Plus there are an in-game voice and chat functions available for the users. Other than that, this network is the largest distribution network in terms of gaming.  It holds around 70% share of the market space all around the globe.
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PROS:
  • Cross-Platform Availability with Huge Library.
  • Support to Big Picture Mode with Awesome Multiplayer Features.
CONS:
  • Lack of Video Capturing Capability.
ActivePresenter is a software that provides services like screencasting as well as eLearning for the users. It performs as an all-in-one recording solution. It was first released in the year 2008. Also, this software is developed and distributed by Atomi Systems. The main feature is that it allows you to record audio and video from your device at full HD resolution. So, you can deliver the highest quality video as well as audio. Moreover, this software won't put a watermark in the video which is made. Plus, it allows you to make the video without any time limit. It has a function through which you can easily add video and image annotations. This software will be perfect for personal use. Although, an enterprise or organization can also use it. It has a pretty efficient and productive performance which is the main reason that attracts most of the users.
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PROS:
  • Support Cross-Platform Compatibility with Free Version Available.
  • Allows To Create Responsive Content and Green Screen.
CONS:
  • Inelegant and Old-Fashioned Looks.
Xsplit is a software that is used for live streaming as well as video mixing by the users. It enables you to record your gameplays which can be used for different purposes like live streaming as well as video recording. It was first released in the year 2012. But soon, it became one of the user's favorite. Also, this software is developed and distributed by Splitmedia Labs. It provides you with two different software which is given below:
  • XSplit Broadcaster.
  • XSplit Gamecaster.
In Broadcaster, it acts as a video mixer which enables you to switch between multiple video configurations. Plus, it can also be dynamically mixed with other resources like screen regions, video cameras, flash sources, and game capture etc. On the other hand, Gamecaster is a live streaming application with the help of which you can easily stream your gameplays. Plus, it can perform recording for you too. So, you can post it on any of the streaming services which are available over the web.
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PROS:
  • Simple and Easy to Use Software with Good Support.
  • Support for Customization with Third-Party App Integration.
CONS:
  • Doesn't Offer Cross-Platform Compatibility.
Player.me is a software where you can create video content that you can then share it online with your audience. It is specially made for gamers. Also, this software is developed and distributed by SplitmediaLabs Ltd. The main feature of the software is that it allows you to stream live your gameplay on your favorite platforms. Plus, it allows you to record, while you are going live or not, your gameplay. So that afterward you can share it with other people on any of the video sharing websites. Moreover, there are a lot of templates available for the user in it. You can use different templates while streaming. It will provide a different look for each of your live stream. So, in this way, it will give an impressive and attractive look to your audience. But, the most important thing is that it is available for free for the users.
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PROS:
  • All-In-One Software with User-Friendly and Intuitive Interface.
  • Offers Gaming Community To Add Friends and Share Gameplay.
CONS:
  • Doesn't Offer Cross-Platform Compatibility.
Vokoscreen is a screencast creator software which can be used to record videos, live recordings of various tasks as per your requirements. It is a pretty user-friendly software. Also, this software doesn't have powerful features. But, it has all those features which you will ever be expected from this software. Plus, it will surely get your work done in an efficient and effective manner. The main feature is that it is open-source software because of which you can have access to its source code. Also, it is available for free. So. you can download and install the software from the official website without any cost. Moreover, the interface of the software is pretty simple and uncluttered. There won't be any type of problem in accessing any of its features. It has a lot of handy features like a magnifier and full-screen recording which are mostly liked by the users.
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PROS:
  • User-Friendly Interface with Easy To Setup and Use.
  • Offers High-Quality Video with Support To Multiple Languages.
CONS:
  • Doesn't Offer Powerful Features.

Discord is a free software which is specially designed for communities of video games. Because it provides services to communicate in text, audio, image, and video with other gamers in the chat channel. Also, this software was first released in the year 2015. It is mostly used by gamers. But, other users can also use it to communicate with other people. Moreover, it is a cross-platform software that is available for Windows, Linux, and Mac OS devices. So, you won't have to face any compatibility issues. But, if you use an iOS or Android device then you can also get its application from the app store. It also provides support to 27 different languages. Because of it, it is called as multi-lingual software. In case, you don't want to install any application then you can simply access it through web browsers. As of now, it has over 250 million unique users for itself.

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PROS:
  • Free, User-Friendly and Cross-Platform Software.
  • Support to Text & Video Communication with One-Click Invitation.
CONS:
  • Doesn't Support Private Instances.
FFsplit is a utility software that is used for Livestream creation. It is a lightweight software through which you can capture videos. The most important feature of the software is that allows multiple sources from where you can record videos at a single time. Once you have recorded the video then you will be to composite all of those videos into a single video feed. Moreover, it is open-source software. So, it means that you can access the source code of the software. Also, you can customize it if you want to as per your wish. This software is completely free which means that you don't have to pay for the software ever. Other than that, it is a pretty optimized software that will offer you the best performance. Plus, it won't slow down your PC a little bit. It has a traditional interface with it.
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PROS:
  • Free and Open-Source Software with Clean & Simple Interface.
  • Allows To Stream Multiple Services At Once.
CONS:
  • Doesn't Offer Cross-Platform Support.
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