What is the Video Streaming Market size.?


Video Streaming Market was valued at US$ 372 Bn. in 2021. Global Video Streaming Market size is expected to grow at a CAGR of 18.31% through the forecast period.

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As per Maximize Market research, a global business research and consultancy firm, the total global market for Video Streaming Market dynamics, structure by analyzing the market segments and projects the Market size.

The 34 countries that are supposed to be desirable travel destinations for industry stakeholders are covered by the report. The important players chosen for benchmarking and profiling are chosen based on their probable investment criteria, regional dominance, and global reach. The supply-side contribution of each local, regional, and international actor to the overall market has been taken into account.

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Video Streaming Market was valued at US$ 372 Bn. in 2021. Global Video Streaming Market size is expected to grow at a CAGR of 18.31% through the forecast period.

Video Streaming Market Overview:

In order to determine the total size of Video Streaming market by countries and segments, the report conducted a micro level analysis of each nation. The size of the regional and global markets is assessed using a bottom-up methodology. By doing a micro-level analysis of each country, it is possible to determine the contribution of the unorganized market to the overall market size. The Video Streaming market determine the extensive research for the business firm, and provide the latest drivers, restraints, and opportunities for Video Streaming market. The results are then verified through interviews with local business leaders. The secondary research and analysis of the same are done using both paid and unpaid data bases. Consumption in each country by kind and supply by each player are sourced from legitimate government databases, paid databases, and, in the case of listed firms, company annual reports. If a company's annual reports are not made public, they might be obtained from the tax department of the local government.

Video Streaming Market Dynamics:

MMR Research is a targeted and practical research approach that makes it possible to examine the key market dynamics by both established and developing regions of the globe. Additionally, our experts undertake in-depth analyses of geographical areas to give clients and organisations the chance to excel in specialised industries and grow in developing global markets. This market research study also highlights the dynamically shifting Player landscape that affects the market's growth.

Drivers for the Video Streaming Market:

1. Increasing population adopting social media and rising internet connectivity: The internet users in the world are increasing. The use of social media is also increasing. Facebook had more than 2.40 Bn users in May 2021. YouTube and WhatsApp have around 2 Bn monthly active users each.

Video Streaming Market2. Recent innovations such as Blockchain and AI: To improve video quality, innovations such as blockchain technology and artificial intelligence (AI) are applied. Editing, cinematography, voice-overs, scriptwriting, and various other parts of video creation and upload are all using AI. These advancements are expected to have a favorable impact on market growth. AI is being used by several video streaming service providers to increase video content quality. The appeal of such platforms over broadcast media, such as YouTube and Netflix, has risen dramatically in recent years. The AI market is expected to grow at a CAGR of 38% through the forecast period.

3. Increasing adoption of live-streaming platforms: Most people prefer to watch live video over reading a blog or social updates, therefore live streaming attracts more viewers. COVID-19 has spread over the world, putting countries on lockdown. As a result, several concerts and shows were canceled, increasing live streaming activity.

Video Streaming Market Segment:

Based on Streaming Type, the live video streaming segment dominated with 61% market share in 2021. The surge in demand for digital media devices and the availability of faster internet to access media content remotely is contributing to the segment's rise.

Ad-free content, mobile viewing, analytics tracking, abundant content utilization, vast audience potential, and high-quality streams are some of the key characteristics that enhance live video streaming.

Talking about non-linear video streaming Because of its convenience and ability to link series, it is likely to grow significantly in the future years. Watch-time feasibility, no buffering, high capacity, and live pause are just a few of the major aspects driving the non-linear streaming segment's rise.

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Regional Analysis:

On the basis of geography, the Video Streaming market is segmented into 5 main regions and they are- North America, Europe, Asia Pacific, the Middle East, Africa, and South America respectively.

Research methodology:

  • The size of the global Video Streaming market is estimated and validated using the top-down and bottom-up methodologies.
  • Different industry classification standards are strictly adhered to by players in order to reach an exhaustive list of functional and relevant players. A thorough validation test is also carried out in order to locate the most pertinent players for the survey in the Video Streaming market.
  • With the aid of paid databases like Factiva, Bloomberg, etc., priority lists are sorted depending on revenue generated based on most recent reporting.
  • Finally, the questionnaire was defined and specifically designed to meet all the needs of collecting primary data by prior appointment, targeting the main target groups, incl. This helps us collect data on player revenue, operating cycle and expenses, profit and product or service growth, among other things. Almost 70-80% of the data is collected through primary media and further validated through various secondary sources including regulators, World Bank, associations, company websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases etc.

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Video Streaming Market Key players:

• Amazon Prime Video
• Alphabet.com
• Netflix
• Hulu
• Roku
• Google LLC
• Microsoft Corporation
• Tencent
• iQIYI Inc.
• Novi Digital Entertainment Pvt. Ltd (Hotstar)
• Iflix

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Published in

Technology , News

Published on

Nov 23, 2022

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