Video Streaming Market Share, Global Opportunities, Business Strategy, Growth Factors, Company Profile, Future Prospects and Industry Estimated to Rise Profitably with 17% of CAGR by Forecast 2023

“Market Research Future”
Market Research Future published a research report on “Video Streaming Market Research Report- Global Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

Video streaming is real time viewing of the content over the internet. In video streaming, the content is sent in continuous stream of data and the user need not download it. The data can be played continuously as it arrives.

There is a rapid growth in cloud based video streaming market which is driving the market growth. The increasing popularity of online video streaming will continue to grow during the forecast period. Owing to this, the use of mobile phones has increased rapidly. This is due to the increasing use of social media platforms and digital mediums for various activities like marketing and branding.

The Video Streaming Market has been segmented on the basis of streaming type, platform, deployment, solution, service, revenue model and vertical. The solution segment is further bifurcated into pay TV, internet protocol television and over the top. Out of these, over the top (OTT) is projected to exhibit highest market growth rate during the forecast period and will dominate the video streaming market share.

The global video streaming market is expected to grow at approx. USD 82 Billion by 2023, at 17% of CAGR between 2017 and 2023.

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Key Players

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.

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.

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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Intended Audience

  • Technology investors
  • Research/Consultancy firms
  • Video streaming solution providers
  • Live streaming providers
  • On-demand streaming providers
  • Service providers
  • Platform vendors
  • Third party providers
  • Cloud service providers
  • Internet service providers
  • Application service providers
  • Technology providers

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