Research Nester published a report titled “Video Streaming Market: Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the global video streaming market in terms of market segmentation by type, delivery channel, revenue model, platform, end-users, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global video streaming market is anticipated to grow with a CAGR of ~25% during the forecast period, i.e. 2023-2033. The market is segmented by platform into gaming consoles, laptops & desktops, smartphones, smart TV, and others. Out of these, the smartphones segment is anticipated to garner the highest market share by 2033, owing to high demand of smartphones by the burgeoning population.
Global Video Streaming Market Regional Synopsis
The global video streaming market is estimated to garner a notable revenue by the end of 2033. The recent innovations such as block chain technology and artificial intelligence (AI) are being utilized to improve video quality. These innovations are anticipated to positively influence the growth of the market. Moreover, the rapid adoption of mobile phones owing to the growing popularity of social media platforms and other digital mediums for branding & marketing is anticipated to fuel the market growth.
Geographically, the global video streaming market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in North America region is estimate to garner the largest market share by the end of 2033, on the back of presence of major key players, expansion of music industry, increase of music streaming users, high disposable income and considerable growth in GDP.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rise in Video Streaming Usersto Drive the Market Growth
Recently, there has been a rapid adoption of mobile phones owing to the growing popularity of social media platforms and other digital mediums. This is expected to fuel the market growth. Further, the growing cloud-based solutions along with innovations and technological advancementsis anticipated to boost the market growth. The rising popularity of streamed videos has prompted the increment in number of users across various industries.
However,the rising concern of security and privacy coupled with fluctuation in network connectivity and increased copyright issues is expected to operate as key restraints to the growth of the global video streaming market over the forecast period.
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 Amazon.com, Inc., NETFLIX, Akamai Technologies, Inc., Apple Inc., AT&T Inc., Kaltura, Inc., The Walt Disney Company, Brightcove Inc., Tencent Holdings Limited, IBM Corporation,and others. 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.