The latest report by IMARC Group, titled “Streaming Media Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global streaming media devices market forecast. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global streaming media devices market size reached US$ 10.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 24.2 Billion by 2027, exhibiting a growth rate (CAGR) of 14.54% during 2022-2027.
Streaming media devices refer to electronic devices used for browsing and viewing content through the internet. They offer direct streaming of music, video, movies and audios and are widely used for gaming, social networking, e-learning, real-time entertainment and web browsing. Streaming media devices, such as game consoles, media streamers and smart televisions (TVs), are usually connected to laptops, smartphones, televisions and projectors. They require minimal hard drive storage and provide an enhanced sound and visual quality. As a result, they are widely used across offices, shopping malls, gaming centers and residential complexes.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Streaming Media Devices Trends:
The global streaming media devices market is primarily being driven by the rising penetration of high-speed internet and the increasing demand for online content with high-definition (HD) colors and immersive sound effects. Moreover, various technological advancements, such as the integration of smart devices with artificial intelligence (AI) and machine learning (ML) solutions, are providing a thrust to the market growth.
These technologies track audience preferences and assist in providing customized recommendations to improve the overall experience of the consumer. Other factors, including the increasing preference for online streaming services, along with the development of 8K-quality streaming devices, are creating a positive outlook for the market.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/streaming-media-devices-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
- Google, Inc.
- Microsoft Corporation
- Sony Corporation
- Roku, Inc.
- Samsung Electronics Co., Ltd.
- ASUSTeK Computer Inc.
- LG Electronics, Inc.
- Apple, Inc.
- Philips Electronics
- com
- Huawei Technologies
- HiMedia Technology
- Arris Group Inc.
- D-Link Corporation
Key Market Segmentation:
Breakup by Device Type:
- Game Consoles
- Media Streamers
- Smart TVs
Breakup by Application:
- E-Learning
- Web-Browsing
- Gaming
- Real-Time Entertainment
- Social Networking
Breakup by End-Use:
- Commercial
- Residential
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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