Video Streaming Market 2018-2027: Global Business Growth, Size and Forecast
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Market Size and Forecast
The video streaming market, in terms of value, is expected to grow rapidly during the forecasting period at a CAGR of around 19%. Social networking websites such as twitter and facebook, which were used by users to exchange their views, thoughts and participate in various events, stimulate the growth of video streaming market globally.
Asia Pacific is anticipated to be the fast growing market and is predicted to grow with a highest CAGR during the forecast period due to the rising awareness about business productivity and growing usage of digital media among individuals and organizations. In Asia-Pacific, China is projected to grow in video streaming market during the forecast period due to increased number of internet users. Chinese government has banned various TV series like good wife and the big bang theory which led to increase in piracy; this stimulates the growth of video streaming market. North America holds the largest market share in terms of revenue due to collaborations between network arenas, institutional partnerships and large scale investment in video streaming services. Europe is anticipated as a strong contributor in the video streaming due to increase in cloud based video streaming market.
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Industry Key Players:
Brightcove Inc., Limelight Networks, Haivision Inc., Google LLC, IBM Corporation, Kaltura, Amazon Inc., Cisco Systems Inc., Ooyala, Akamai Technologies, Other Key Players
By Streaming Type, By Revenue Model, By Deployment Type, By Industry, By Region and Major Key Players.
Growth Drivers and Challenges
Improving internet connectivity and demand for video streaming services bolster the market of video streaming globally. Factors such as increasing mobile subscriptions, adoption of mobile connected devices, easiness in watching the video anytime & anywhere stimulate the growth of video streaming market.Increasing of Video-as-a-Service (VaaS) in enterprises, rise in growth of online videos; demand for on- demand video services helps to grow the video streaming market globally. Large use of apps such as YouTube, Facebook strength the market of video streaming globally.Interruptions while watching online videos, low band, buffering, piracy are some of barriers in the growth of video streaming market.Some of the challenges which the video streaming market faces are limitations by government for airing international television shows.
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