Press release
Video Streaming Market Size, Share | Industry Report 2024
Video Streaming Market
The global video streaming market is set to grow rapidly from USD 30.9 billion in 2015 to reach USD 123.2 billion in 2024. The video streaming services are majorly used for watching live events, television shows, music videos, educational content, for video calling and to meet various other requirements.
The high market growth is anticipated on account of rising number of online users, technological advancements, development of high-quality content and increase in subscriptions for various streaming channels. The consumers are increasingly using online streaming services for their entertainment, and education. The growing adoption of OTT (Over the Top) services and pay TV services is a major driver for the market growth over the next few years. The proliferation of smartphones, internet connectivity, and growing popularity of content providers such as Netflix are expected to reinforce the growth prospects positively.
• Furthermore, the statistics published by CISCO Visual Networking Index (VNI) indicate the rapid growth in mobile data consumption across the globe. Some of the key data points include:
• The mobile data traffic increased from 2.1 exabytes per month in 2014 to 3.7 exabytes per month in 2015
• The number of new mobile devices and connections exceeded the half billion mark in 2015 (563 million)
• Furthermore, in 2015 the mobile video traffic accounted for nearly 55% of the total mobile traffic
Click the link below to view the report description:
www.ameriresearch.com/product/video-streaming-market-size/
Key findings from the study: -
• Global Video Streaming Market was valued at over $29 Billion in 2015 and is estimated to grow at a CAGR of over 17.2. % from 2016 to 2024.
• The global video streaming market is set to grow rapidly from USD 29 billion in 2015 to reach over USD 104 billion in 2024.
• The growing adoption of OTT (Over the Top) services and pay TV services is a major driver for the market growth over the next few years.
Ameri Research has segmented the Video Streaming Market by material categories, product type, end-use and region:
Market Segmentation
Video Streaming Market, by Streaming Type (Revenue, USD Billion)
• Live Video Streaming
• Non-Linear Video Streaming
Video Streaming Market, by Solution (Revenue, USD Billion)
• Pay TV
• Internet Protocol Television
• Over The Top (OTT)
Video Streaming Market, by Platform (Revenue, USD Billion)
• Smartphone & Tablets
• Laptops & Desktops
• Smart TVs
• Gaming Consoles
Video Streaming Market, by Deployment (Revenue, USD Billion)
• Cloud
• On-Premise
Video Streaming Market, by User Type (Revenue, USD Billion)
• Large Enterprises
• SMEs (Small Medium Enterprises)
Video Streaming Market, by Revenue Model (Revenue, USD Billion)
• Rental
• Subscription
• Retail
• Advertisement
Video Streaming Market, by Industry Vertical (Revenue, USD Billion)
• BFSI
• Media & Entertainment
• Education
• Retail
• IT & Telecom
• Others
Video Streaming Market, by Region (Revenue, USD Billion)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Colombia
• Middle East & Africa
• Saudi Arabia
• UAE
Browse Full Report @ www.ameriresearch.com/product/video-streaming-market-size/
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About Us:
Ameri Research Inc. (www.ameriresearch.com) is a U.S. based market research and consulting company, registered in the State of Florida and headquartered in Tampa Bay Area. At Ameri Research we are passionately curious about people, markets, brands and society. Our ability to gauge market movements, deep expertise in data science, strong domain expertise and years of collective global experiences helps us to bring unmatched quality in deliverables to our clients. With carefully planned systems and processes in place, we cater to the requirements of our clients in a timely and cost-efficient manner, bringing increased predictability to their business. Each year we are publishing more than 100 syndicated reports in healthcare, chemicals, materials, food & beverages, defense & aerospace, media & entertainment, sports & fitness, and energy. We offer our clients a unique depth of knowledge and expertise around-
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