Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "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, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global video streaming market size is expected to reach USD 416.84 billion by 2030, registering a CAGR of 21.5% from 2023 to 2030. Prominent technological advancements like execution of blockchain technology in video streaming and the practice of Artificial Intelligence (AI) to advance quality of videos are expected to augment the growth of video streaming market over the forecast period.
Emerging cloud-based streaming solutions for augmenting the scope of content is directly influencing the growth of the market. This tendency is observed in various parts of North America and Asia Pacific. Moreover, other factors ascribing to the growth of the market are rapid, increase use of mobiles and tablets, digitalization and the growing popularity of online video streaming.
Prominent demand for high-speed internet connectivity, on-demand videos and the rising inclination towards original digital content are the key driving factors for the market's growth. Video streaming has increased as a result of the growing popularity of smartphones and a variety of high-speed internet technologies including 3G, 4G and LTE. Moreover, the growing demand for devices supporting digital media is helping consumer's access media content anywhere across the world.
The market is divided into live and non-linear video streaming based on the type of streaming. Live streaming is the term used to describe content that is shown in real time over an internet connection. Further important findings from the study point to the live video streaming category as having the largest development potential throughout the predicted period. Also, because of the growing desire for material that can be watched online but not in real-time.
Organizations like Hotstar and Netflix executed machine learning and AI algorithms to study user behavior and demographics. This aided organizations in identifying audience interests and offering modified content references to keep them frequently engaged. Subsequently, these AI-based platforms offer viewers content satisfying their specific interests, providing them with a highly personalized experience.
Video Streaming Market Report Highlights
- The increasing usage of videos in corporate training and the impact of video streaming on the education sector are anticipated to drive the growth of the market
- The Over-the-Top (OTT) segment is expected to register the highest CAGR over the forecast period. The growth is attributable to key trends in OTT, including increased demand for digital original content, hybrid monetization models, and intensive competition resulting in content fragmentation
- The Asia Pacific regional market is expected to witness significant growth over the forecast period owing to the increasing demand for high-speed internet connectivity and Video-on-Demand (VOD) streaming
Key Attributes:
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $89.03 Billion |
Forecasted Market Value (USD) by 2030 | $416.84 Billion |
Compound Annual Growth Rate | 21.5% |
Regions Covered | Global |
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Video Streaming Market Variables, Trends & Scope
3.1 Market Segmentation & Scope
3.2 Video Streaming - Value Chain Analysis
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 Extensive Growth of Online Video Streaming and the Rising Demand for On-Demand Streaming
3.3.1.2 Growing Demand for High-Speed Internet Connectivity
3.3.1.3 Increasing Usage of Videos in Corporate Training
3.3.2 Market Restraints
3.3.2.1 High Cost of Content Creation
3.3.2.2 Network Connectivity and Technical Difficulties Involved in Video Streaming
3.3.3 Market Opportunities
3.3.3.1 Impact of Video Streaming in the Education Sector
3.3.3.2 Use of Artificial Intelligence in Video Streaming
3.3.3.3 Implementation of Blockchain in Video Streaming
Chapter 4 Video Streaming: Streaming Type Outlook
4.1 Video Streaming Market Share by Streaming Type, 2022 & 2030
4.2 Live Video Streaming
4.3 Non-Linear Video Streaming
Chapter 5 Video Streaming: Solution Outlook
5.1 Video Streaming Market Share by Solution, 2022 & 2030
5.3 Internet Protocol TV
5.4 Over-the-Top (OTT)
5.5 Pay-TV
Chapter 6 Video Streaming: Platform Outlook
6.1 Video Streaming Market Share by Platform, 2022 & 2030
6.1.1 Gaming Consoles
6.1.2 Laptops & Desktops
6.1.3 Smartphones & Tablets
6.1.4 Smart TV
6.1.4.1 Smart TV Video Streaming Market, by Region, 2017 - 2030
Chapter 7 Video Streaming: Service Outlook
7.1 Video Streaming Market Share by Service, 2022 & 2030
7.2 Consulting
7.3 Managed Services
7.4 Training & Support
Chapter 8 Video Streaming: Revenue Model Outlook
8.1 Video Streaming Market Share by Revenue Model, 2022 & 2030
8.2 Advertising
8.3 Rental
8.4 Subscription
Chapter 9 Video Streaming: Deployment Type Outlook
9.1 Video Streaming Market Share by Deployment Type, 2022 & 2030
9.2 Cloud
9.3 On-Premises
Chapter 10 Video Streaming: User Outlook
10.1 Video Streaming Market Share by User, 2022 & 2030
10.2 Enterprise Video Streaming
10.3 Consumer Video Streaming
Chapter 11 Video streaming: Regional Outlook
Chapter 12 Competitive Landscape
Companies Mentioned
- Akamai Technologies
- Amazon Web Services, Inc.
- Google LLC
- Microsoft Corporation
- Netflix
- Tencent
- iQIYI, Inc.
- Novi Digital Entertainment Pvt Ltd. (Hotstar)
- iflix
- HOOQ
- Rakuten Viki
For more information about this report visit https://www.researchandmarkets.com/r/di5g5h
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