Global Video Streaming Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts to 2030

Video Streaming Market nowadays is the fastest growing market in an entertainment industry due to quality content, fewer expenses in comparison to cable connection. It has been found that an average person spends USD 29 on video streaming platform rather than paying USD 109 on a cable connection. As per data collected the 70 per cent of US citizens have subscribed to the video streaming platform in comparison to 40 per cent viewers in the UK in 2019. The data from the US for the month of Septembers,2019 shows that the number of the subscriber as per- 163.75 million viewers have subscribed to Youtube, 46 million to Netflix, 26 million to Hulu, 16 million to Amazon Prime, and 15 million have joined to Vimeo. In the recent years, there has been a rise in the technological advancement like AI and blockchain technology which has provided the online media streaming companies to stream the video uninterruptedly. Also, cloud storage technology has played a vital role in the growth of video streaming market. The video streaming market size accounted to USD 53.69 billion in 2020 and it is expected to reach USD 281.0 billion by 2030 growing with a CAGR of 18% during the forecast period.
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Market Dynamics and Factors:
Video streaming is an accessible platform which gives it an additional benefit and has promoted its growth. Anyone having access to the internet, mobile, i-pad and other video streaming devices can easily access to the content within a short duration of time. Viewers have the option to watch videos online as well as in offline streaming modes, and this has led to video streaming market growth. However, due to buffering problems, and storage issue in the device creates a restrains in the video streaming market growth. Moreover, these issues can be handled by upgrading the system and therefore this platform for watching favorite contents will always be a priority for people.
Market Segmentation:
Global Video Streaming Market – By Streaming Type
Live
Non-Linear

Global Video Streaming Market– By Solution Type

Internet Protocol TV
Over-the-Top (OTT)
Pay-TV

Global Video Streaming Market– By Platform Type

Gaming Consoles
Laptops & Desktops
Smartphones & Tablets
Smart TV

Global Video Streaming Market– By Service Type

Consulting
Managed Services
Training & Support

Global Video Streaming Market – By End User

Enterprise
Consumer

Global Video Streaming Market– By Revenue Model

Cold Storage Supply Chain
Others

Global Video Streaming Market – By Region

North America
USA
Canada
Mexico
Europe
UK.
France
Germany
Italy
Spain
Asia-Pacific
Japan
China
India
South East Asia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest Of Middle East & Africa

Geographic Scenario:
North America and Europe contributed to the largest video streaming market share in terms of revenue. U.S. has the revenue valued to be USD 12,747 million in 2020 and is expected to rise to USD 13,838 million by 2024 with an estimated CAGR of 2.1%. UK revenue is valued to be USD 1,086 million in 2020 and is expected to rise to USD 1,207 million by 2024 with an estimated CAGR of 2.7%. Asia Pacific region is also considered as the largest market by the companies and the revenue generated by India during 2020 is USD 239 million and is estimated to grow by CAGR of 10.4% during forecast period.
Competitive Scenario:
The key players in the video streaming industry are Amazon Web Services, Inc., Apple Inc., Cisco Systems, Inc., Google, Kaltura, Inc., Netflix, International Business Machine Corporation (IBM Cloud Video), Wowza Media Systems, LLC, AT&T Intellectual Property, and Hulu.
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How will this Market Intelligence Report Benefit You?
The report offers statistical data in terms of value (US$) as well as Volume (units) till 2030.
Exclusive insight into the key trends affecting the Global Video Streaming industry, although key threats, opportunities and disruptive technologies that could shape the Global Video Streaming Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Video Streaming Market most.
The data analysis present in the Global Video Streaming Market report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or retainers on Global Video Streaming Market business.
The 2021 Annual Global Video Streaming Market offers:
100+ charts exploring and analysing the Global Video Streaming Market from critical angles including retail forecasts, consumer demand, production and more
15+ profiles of top producing states, with highlights of market conditions and retail trends
Regulatory outlook, best practices, and future considerations for manufacturers and industry players seeking to meet consumer demand
Benchmark wholesale prices, market position, plus prices for raw materials involved in Global Video Streaming Market type
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