How big is the Video Streaming Market?

The global video streaming market size was valued at USD 372.07 billion in 2021. The market is projected to grow from USD 473.39 billion in 2022 to USD 1,690.35 billion by 2029, exhibiting a CAGR of 19.9% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Video Streaming Market Share, 2022-2029.”

Key Industry Development:

January 2022: IBM Corporation declared an innovative IBM streaming mobile application that globally refines the communications happening in workplace. The mobile application is made accessible on the app store and play store. IBM’s video streaming application permits users to broadcast and live stream videos.

• Fortune Business Insights says that the market value stood at US $ 372.07 Billion in 2021

• By 2029, the Video Streaming Market size is expected to reach US $ 1,690.35 Billion

• The market is expected to grow at a CAGR of 19.9% in the forecast period (2022-2029).

• The growth rate of the Global Video Streaming Market is 19.09 %, with an estimated value of US $ 1,690.35 Billion million by 2029.

Driving Factor:

Rising Demand for OTT Media Streaming Platforms to Incite Business Development

Netflix, Hulu, Amazon Prime Video, HBO, and Disney+ are just a few popular streaming services that provide unrestricted real-time access to the high-quality original content. This cutting-edge streaming service has improved the home entertainment experience and increased the company's client base. Because of its flexible subscription price and device flexibility, many consumers are migrating to the OTT platform. According to Apptopis, when Disney Plus launched its iOS and Android mobile apps in November 2019, it received 3.2 million downloads. Live streaming of news, discussion programs, games, and concerts are becoming increasingly popular as the demand for OTT media entertainment content grows. Various players are partnering with various sports authorities to offer sports material to viewers' devices, in response to the rising demand for live game streaming. For example, in March 2021, Amazon Web Services, Inc. partnered with the National Football League to stream all football events exclusively. OTT streaming demand is also likely to be fueled by the impact of pandemic lockdown and quick advances in 5G installation.

Report Coverage

We provide reports which are conducted with an all-inclusive examination approach that majorly emphasizes delivering precise material. Our scholars have applied a data triangulation method which further assists us in offering trustworthy estimations and testing the general market dynamics accurately.

Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

Major companies in Video Streaming Software Market Report are:

• com, Inc. (Washington, U.S.)
• Apple, Inc. (California, U.S.)
• Akamai Technologies (Massachusetts, U.S.)
• Brightcove, Inc. (Massachusetts, U.S.)
• Google LLC (California, U.S.)
• iQIYI (Beijing, China)
• Netflix, Inc. (California, U.S.)
• Roku, Inc. (California, U.S.)
• Tencent (Shenzhen, China)
• Walt Disney Company (California, U.S.)
• Wowza Media Systems, LLC (Colorado, U.S.)

Pre-Post COVID-19 Impact on Global Video Streaming Software Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks. 

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Video Streaming Software Market, since end-user industries were still not operating at their full capacity.

Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global Video Streaming Software Market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Video Streaming Software Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

FAQ:

1. What is the video streaming market?

 

The market is projected to grow from USD 473.39 billion in 2022 to USD 1,690.35 billion by 2029, exhibiting a CAGR of 19.9% during the forecast period.

 

2. How big is the streaming market?

 

The global video streaming market size was estimated at USD 372.07 billion in 2021 and is expected to reach USD 473.39 billion in 2022.

 

3. Who is the market leader in video streaming?

Apple, Akamai Technologies, Brightcove, Google LLC, iQIYI, Netflix, Roku, Tencent, Walt Disney Company

4. Is video streaming profitable?

 

Research shows that the video streaming market will be worth over 1690.35 billion by 2029, and that 47% of people are streaming more live video content than last year.

Major Points in Table of Content:

• Introduction
• Definition, By Segment
• Research Methodology/Approach
• Data Sources
• Key Takeaways
• Market Dynamics
• Macro and Micro Economic Indicators
• Drivers, Restraints, Opportunities and Trends
• Impact of COVID-19
• Short-term Impact
• Long-term Impact
• Competition Landscape
• Business Strategies Adopted by Key Players
• Consolidated SWOT Analysis of Key Players
• Global Market Share Analysis and Matrix, 2020
• Key Market Insights and Strategic Recommendations
• Profiles of Key Players
• Overview
• Key Management
• Headquarters etc.
• Offerings/Business Segments
• Key Details
• Employee Size
• Key Financials
• Past and Current Revenue
• Geographical Share
• Business Segment Share
• Recent Developments
• Annexure / Appendix
• Global Video Streaming Software Market Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029

TOC Continued...!

 

 

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