Market Research Future published a research report on “Video Streaming Market Share - Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Video Streaming Market Share, By Streaming Type (Live Video Streaming, Non-Linear Video Streaming), Platform, Deployment (Cloud, On-Premise), Solution (Pay TV, OTT), Service (Consulting, Managed Services), Revenue Model, Vertical - Global Forecast 2023
The global video streaming market Share is predicted to garner USD 82 billion during the forecast period (2017-2023). The global market is considered to experience 17% CAGR owing to the rapid growth in cloud-based Video Streaming Market share, asserts Market Research Future (MRFR). Video streaming is referred to as the real-time viewing of the content over the internet. The content is sent in continuous stream of data in video streaming, and the user does not require to download it. The data can be played continuously as it arrives. It is the one-way transmission of video content over a data network. The content is sent in a compressed form over the Internet and is displayed in real time by the viewer.
Drivers and Constraints Impacting the Market
With the rapid growth in the cloud-based Video Streaming Market Share, the global video streaming market is estimated to flourish. The use of mobile phones has increased rapidly across the globe owing to the augmenting popularity of online video streaming. This is due to the growing use of social media platforms and digital mediums for activities such as branding and marketing. The increasing adoption of smartphones, in combination with an extensive range of high-speed Internet technologies such as 3G, 4G, and LTE, has led to the increased growth of data across the globe. Video and audio traffic across the globe have also boosted the consumption of Internet data.
The accelerating demand for devices capable of supporting digital media is further helping consumers to access media content anywhere across the globe, which is contributing to the growth of the video streaming market during the assessment period. Moreover, the growing adoption of over the top (OTT) into existing video streaming systems has resulted in the growth of global video streaming market. The demand for video streaming is triggering across the globe owing to increased interest of users for watching live events, advertisements, and video calling. The convenience offered to the users and increased live streamed content are some of the prime factors influencing the market growth during the appraisal period.
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On the flip side, piracy and low bandwidth, interruptions in streaming flow, or limited streaming speed are some of the major concerns considered to dampen the growth of the video streaming market in the coming years.
Video Streaming Market Segmentation
The video streaming market has been segmented on the basis of streaming type, deployment, solution, service, platform, revenue model and vertical. The streaming type is further classified into live video streaming and nonlinear video streaming. Live video streaming has gained immense popularity owing to the increasing use of mobile phones and tablets.
The prominent players in video streaming market are – Netflix (U.S.), Adobe Systems Incorporated (U.S.), Ustream (U.S.), Amazon Web Service, Inc. (U.S.), Akamai Technologies (U.S.), Microsoft Corporation (U.S.), Apple , Inc. (U.S.), Google (U.S.), Hulu (U.S.), and Cisco Systems, Inc. (U.S.) among others.
Market Research Analysis:
The global video streaming market, by geography, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. In the global video streaming market, Asia Pacific is anticipated to witness relatively faster adoption and hence the growth rate as compared with other regions. Within Asia Pacific, video streaming market is projected to contribute faster to the growth of revenue backed by increasing use of mobile phones and tablets in countries such as Japan, China and India. Furthermore, many live video streaming channels are coming up in the region adding to the growth of the sector.
Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of video streaming market. In Europe, the presence of advanced infrastructure and with the increasing adoption of technology and technological advancements in numerous countries is driving the market growth of video streaming market.
Video streaming market in the South America region is anticipated to witness relatively slower market growth. However, Brazil and Argentina among other countries are projected to witness slow yet steady growth. In Brazil, video streaming is increasing popularity and is expected to increase significant market share during the forecast period. Video streaming market in Middle East and Africa occupies a relatively smaller pie of the global video streaming market.
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TABLE OF CONTENTS
List of Tables
Table 1 List Of Assumptions
Table 2 Global Video Streaming Market, By Type, 2017–2023 (Usd Million)
Table 3 Global Video Streaming Market, By Deployment, 2017–2023 (Usd Million)
Table 4 Global Video Streaming Market, By Platform, 2017–2023 (Usd Million)
Table 5 Global Video Streaming Market, By Component, 2017–2023 (Usd Million)
Table 6 Global Video Streaming Market, By Software Solution, 2017 – 2023 (Usd Million)
Table 7 Global Video Streaming Market, By Services, 2017 – 2023 (Usd Million)
Table 8 Global Video Streaming Market, By Model, 2017–2023 (Usd Million)
Table 9 Global Video Streaming Market, By Region, 2017–2023 (Usd Million)
Table 10 North America: Video Streaming Market, By Country, 2017–2023 (Usd Million)
Table 11 North America: Video Streaming Market, By Type, 2017–2023 (Usd Million)
Table 12 North America: Video Streaming Market, By Deployment, 2017–2023 (Usd Million)
Table 13 North America: Video Streaming Market, By Platform, 2017–2023 (Usd Million)
Table 14 North America: Video Streaming Market, By Component, 2017–2023 (Usd Million)
Table 15 North America: Video Streaming Market, By Software Solution, 2017–2023 (Usd Million)
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