Video Streaming Market Share, Size (CAGR of 19.8% ), Companies, Growth, Analysis, Value and Segmentation Till 2027

PRESS RELEASE
Published February 13, 2023

According to the latest report by IMARC Group, titled "Video Streaming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global video streaming market size reached US$ 61.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 183.2 Billion by 2027, exhibiting a growth rate (CAGR) of 19.8% during 2022-2027. 

Streaming refers to the transmission of data with help of the internet from one storage device to another device. Video streaming is a technology that enables the user to view video content online on the internet without the need of downloading the media files. It reduces the requirement for storage space and enables immediate access and convenience to customers of watching the desirable content.

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Global Video Streaming Market Trends:

The easy access to high-speed internet represents a key factor driving the market growth. In line with this, the increasing deployment of machine learning (ML), artificial intelligence (AI), and blockchain in video production, including editing, cinematography, voice-overs, and scriptwriting is contributing to the market growth. Apart from this, the rising sales of smartphones and smart televisions (TVs) are acting as another major factor inducing the market growth across the globe. The market is also driven by the rise in the demand for video streaming solutions in schools, institutes, colleges, and universities owing to the better learning processes offered by through visual recordings of courses. Moreover, the rising popularity of social media platforms among consumers is contributing to the market growth. Other factors, such as rising digitization across industries and the increasing video streaming services at affordable subscriptions packs, are creating a positive outlook for the market.

Video Streaming Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the video streaming market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Akamai Technologies Inc.
  • Amazon Inc.
  • Brightcove Inc.
  • Comcast Corporation
  • Google LLC (Alphabet Inc)
  • Hulu LLC (The Walt Disney Company)
  • Iflix (Tencent Holdings Ltd.)
  • International Business Machines Corporation
  • Kaltura Inc.
  • Microsoft Corporation
  • Netflix Inc.

Key Market Segmentation:

The report has segmented the video streaming market on the basis of component, streaming type, revenue model and end user.

Breakup by Component:

  • Solution
    • IPTV
    • Over-the-top
    • Pay TV
  • Services
    • Consulting
    • Managed Services
    • Training and Support

Breakup by Streaming Type:

  • Live/Linear Video Streaming
  • Non-Linear Video Streaming

Breakup by Revenue Model:

  • Subscription
  • Transactional
  • Advertisement
  • Hybrid

Breakup by End User:

  • Personal
  • Commercial

Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:                                                           

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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