Video Streaming Market Is Estimated To Reach ~USD 750 Billion By 2033
Recent report published by research
nester titled “Video Streaming Market: Global Demand Analysis &
Opportunity Outlook 2033″delivers detailed overview of the global video
streaming market in terms of market segmentation by type, by services type, by
solution type, by user type, by revenue type, by industry type, by deployment
type, by platform type and by region.
Further, for the in-depth analysis, the report encompasses the
industry growth drivers, restraints, supply and demand risk, market
attractiveness, BPS analysis and Porter’s five force model.
The global video streaming market is segmented into
solutions type such as Pay TV, Internet Protocol Television and Over The Top.
Among these segments, over the top is expected to dominate the overall video
streaming market. Furthermore, factors such as increasing mobile subscriptions,
adoption of mobile connected devices, easiness in watching the video anytime
& anywhere stimulate the growth of video streaming market. Owing to
implementation of cloud-based video streaming solutions, the video
streaming market is observing scalable growth.
Demand for video streaming is increasing globally due
to growing interest of users in watching live events and video calling. Social
networking websites such as Twitter and Facebook are the major factors for the
contribution to the growth of video streaming. These social media websites help
the users to exchange their views, thoughts and help the users to participate
in various events and activities.
Global
video streaming market is expected to a notable CAGR of ~25%
during the forecast period 2023-2033. Moreover, the global video streaming
market is expected to grow with high pace during the forecasting period due to
the awareness about business productivity and increasing usage of digital media
among organizations and individuals.
In terms of regional platform, Asia Pacific countries such as
China, India accounted for the fastest growing market of global video streaming
in terms of revenue in 2017. Among Asia Pacific countries, China is expected to
grow in video streaming market during the forecast period due to large number
of users using the internet.
North America is expected to hold the largest market for video
streaming due to the increase usage of mobile phones and technical
advancements.
Apart from this, Europe showcases lucrative growth over the
forecast period i.e. 2017-2027 due to the adoption of digital technology among
retail, marketing and entertainment industry.
Demand
for Online Video Streaming (Netflix, Apple Music, Amazon Prime)
Online
video streaming is one of the most widespread internet activities across the
globe. Online video streaming holds the largest market share. It was
estimated that Saudi Arabia leads at an 89 percent online video usage by the
end of 2016. It was estimated that by the end of 2020, the number of online
streaming users in US will surpass 240 million.
Globally, Netflix holds more than half the video streamed over
the internet. Netflix produce its own series such as Orange is the New Black
and House of Cards. Netflix’s gives a tough competition to its competitors as
it has easy to use interface and it is user friendly.
This report also provides the existing competitive scenario of
some of the key players of the global video streaming market which includes
company profiling of Netflix Inc., IBM Corporation, Apple Inc., Amazon.com,
Inc., Cisco Systems, Inc., Adobe Systems, Inc., Google Inc., Roku, Inc., Akamai
Technologies, Inc. The profiling enfolds key information of the companies which
encompasses business overview, products and services, key financials and recent
news and developments. On the whole, the report depicts detailed overview of
the global video streaming market that will help industry consultants,
equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
Request Report Sample@
https://www.researchnester.com/sample-request-1158
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