Video Streaming Market Worth $184.2 Billion By 2027

 

San Francisco, 1 Oct 2020: The Report Video Streaming Market Size, Share & Trends Analysis Report By Streaming Type, By Solution, By Platform, By Service, By Revenue Model, By Deployment Type, By User, By Region, And Segment Forecasts, 2020 - 2027

The global video streaming market size is expected to reach USD 184.27 billion by 2027, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 20.4% from 2020 to 2027. Rising technological advancements, such as the implementation of block-chain technology in video streaming and the use of Artificial Intelligence (AI) to improve video quality, are expected to boost the demand over the forecast period. Furthermore, rising adoption of cloud-based video streaming solutions for increasing the reach of video content is directly influencing the market growth.

This trend is observed in numerous parts of the North America and Asia Pacific regions due to rapid digitalization, increasing use of smartphones and tablets, and growing popularity of online video streaming. In addition, rising demand for on-demand video and extensive growth of online video are driving the market. Increasing demand for high-speed internet technologies, such as such as 3G, 4G, and LTE, also benefits the market. Growing usage of devices that can support digital media to access media content anywhere across the world will drive the market further.

The live video segment is expected to portray the maximum and fastest growth over the forecast period. Moreover, the recent COVID-19 outbreak is expected to have a positive impact on the market growth as it has resulted in lockdown in major cities across the globe, resulting in an increased need for entertainment. Thus, the viewership of video streaming services has drastically risen across the globe. Many major video streaming platforms, including Netflix, Amazon Prime Video, YouTube, Disney+ have registered a significant spike in the viewership worldwide.

Access Research Report of Video Streaming Market @ https://www.grandviewresearch.com/industry-analysis/video-streaming-market

Video Streaming Market Report Highlights

• Increasing usage of videos in corporate training and positive impact of video streaming in the education sector are anticipated to drive the market’s growth
• The over-the-top (OTT) solution segment is expected to register the highest CAGR during the forecast period
• Asia Pacific regional market is expected to have the fastest growth rate from 2020 to 2027, majorly due to the increasing demand for high-speed internet connectivity and on-demand video streaming

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/digital-media

Grand View Research has segmented the global video streaming market based on streaming type, solution, platform, service, revenue model, deployment type, user, and region:

Video Streaming Type Outlook (Revenue, USD Billion, 2016 - 2027)

• Live
• Non-Linear

Video Streaming Solution Outlook (Revenue, USD Billion, 2016 - 2027)

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

Video Streaming Platform Outlook (Revenue, USD Billion, 2016 - 2027)

• Gaming Consoles
• Laptops & Desktops
• Smartphones & Tablets
• Smart TV

Video Streaming Service Outlook (Revenue, USD Billion, 2016 - 2027)

• Consulting
• Managed Services
• Training & Support

Video StreamingRevenue Model Outlook (Revenue, USD Billion, 2016 - 2027)

• Advertising
• Rental
• Subscription

Video StreamingDeployment Type Outlook (Revenue, USD Billion, 2016 - 2027)

• Cloud
• On-Premises

Video StreamingUser Outlook (Revenue, USD Billion, 2016 - 2027)

• Enterprise
  • Corporate Communications
  • Knowledge Sharing & Collaborations
  • Marketing & Client Engagement
  • Training & Development
• Consumer
  • Real-Time Entertainment
  • Web Browsing & Advertising
  • Gaming
  • Social Networking
  • E-Learning

Video Streaming Regional Outlook (Revenue, USD Billion, 2016 - 2027)

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa (MEA)

List of Key Players of Video Streaming Market

• Akamai Technologies
• Amazon Web Services, Inc.
• Apple Inc.
• Cisco Systems, Inc.
• Google LLC
• Kaltura, Inc.
• Netflix, Inc.
• International Business Machine Corporation (IBM Cloud Video)
• Wowza Media Systems, LLC
• Hulu, LLC

Access Press Release of Video Streaming Market @ https://www.grandviewresearch.com/press-release/global-video-streaming-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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