Video Streaming Market Worth USD 842.93 Billion at 12.0% CAGR; Major Key Players:- Wowza Media Systems, LLC, Walt Disney Company, Tencent, Roku, Inc., Netflix, Inc., Kaltura, Inc., iQIYI, IBM Corporation, Google LLC, Cisco Systems, Inc., Brightcove, Inc.,

The global video streaming market size is anticipated to exhibit remarkable growth owing to the advent and increasing popularity of digital video streaming worldwide. Video streaming, in simple terms, means the running of continuous media in a compressed audio and video form without waiting to download the content from the internet. A recently published report by Fortune Business Insights, titled, “Video Streaming Market Size, Share & Industry Analysis, By Component (Hardware, Software, Content Delivery Services), By Streaming Type (Live Video Streaming, On-demand Video Streaming), By Streaming Model (Advertisement-based, Subscription-based, Transactional-based/Rental), By Deployment (On-Premise, Cloud), By End-Use (Commercial, Residential), and Regional Forecast, 2020-2027,” predicts that the value of the market was USD 342.44 billion in 2019 and is expected to rise at 12.0% CAGR between 2020 to 2027. It is set to reach USD 842.93 billion by 2027.

Most of the industries today are at a standstill and are facing huge losses owing to the current outbreak of the COVID-19 pandemic. However, every cloud has a silver lining. With the help of government support, it is possible to fight the contagious disease and we all hope to come out of this situation at the earliest possible. We are offering impact analysis on various markets that have been affected by the coronavirus widespread and the necessary measures adopted by them to draw out revenue.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/video-streaming-market-103057

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬-

Asia Pacific to Grow Rapidly on Account of Increasing Penetration of Smartphones
Geographically, North America earned USD 148.20 billion in 2019 in terms of share. This is attributable to the presence of advanced network infrastructure and high internet connectivity.
The U.S. alone consists of more than 200 streaming service providers. Additionally, the COVID-19 pandemic has propelled people to stay safe at home and opt for home streaming, wherein video gaming and OTT services have gained traction. Similarly, the Video Streaming Market in Asia Pacific is likely to grow fast and exhibit high CAGR in the forecast period on account of the presence of tech-savvy population and the advent of smartphones with HD quality resolution, apt for video streaming. This, coupled with the availability of better network at cost-efficient rates that propels viewers to opt for live streaming instead of downloading content are expected to help this region witness rapid growth in the coming years.

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬?

The Video Streaming Market report offers a comprehensive overview of the market and its major growth prospects such as drivers, restraints, challenges, and upcoming opportunities. It also throws light on s the current industry trends, major developments, and other interesting insights useful for this market. It further discusses the nature of the market competition, list of players and their key strategies to stay put in the competition. It also describes the table of segmentation and the names of the leading segment with market figures. The report is provided on the company website.

Click here to get the short-term and long-term impact of COVID-19 on this Video Streaming Market.
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𝐒𝐞𝐠𝐦𝐞𝐧𝐭-
𝐂𝐨𝐧𝐭𝐞𝐧𝐭 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐭𝐨 𝐂𝐨𝐯𝐞𝐫 𝐌𝐚𝐣𝐨𝐫 𝐒𝐡𝐚𝐫𝐞 𝐎𝐰𝐢𝐧𝐠 𝐭𝐨 𝐭𝐡𝐞𝐢𝐫 𝐈𝐦𝐩𝐚𝐜𝐭𝐟𝐮𝐥 𝐚𝐧𝐝 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬

In 2019, the content delivery services segment earned 88.4% video streaming market share as they are majorly used in wildlife broadcasting, product and services promotions, and online classes, among others. Under this segment, the OTT services sub-segment is expected to rise remarkably on account of its low-cost and flexible model. This segment requires a minimum network infrastructure as compared to the high-cost support involved for streaming IPTV and pay-TV.

𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐏𝐞𝐧𝐞𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐒𝐦𝐚𝐫𝐭𝐩𝐡𝐨𝐧𝐞𝐬 𝐰𝐢𝐭𝐡 𝐐𝐮𝐚𝐥𝐢𝐭𝐲 𝐑𝐞𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐭𝐨 𝐀𝐝𝐝 𝐈𝐦𝐩𝐞𝐭𝐮𝐬 𝐭𝐨 𝐌𝐚𝐫𝐤𝐞𝐭

The advent of digitalization into entertainment media is a significant factor in boosting theis market. In addition to this, the penetration of smartphones and the increasing popularity of live videos are also propelling the video streaming market growth. Furthermore, due to the outbreak of COVID-19, people are choosing to stay safe at home. Besides video streaming for entertainment purposes, many educational and medical institutions are adopting this medium to continue serving the public interest, education, and welfare, thereby aiding in the expansion of the Video Streaming Market.

On the contrary, latency and bandwidth issues and unauthorized platform may pose a significant challenge to the market, both in terms of poor quality video and loss of personal and financial details. Nevertheless, the drastic increase in the number of over-the-top (OTT) platforms and subscribers are likely to create lucrative growth opportunity in the future.

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𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞 -
𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐉𝐨𝐢𝐧𝐭 𝐕𝐞𝐧𝐭𝐮𝐫𝐞𝐬 𝐭𝐨 𝐇𝐞𝐥𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐇𝐨𝐥𝐝 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

Currently, companies such as Brightcove Inc. have a strong portfolio in the Video Streaming Market as they are offering various services. These include cloud-based video encoding services, Zencoder, online video platform, video cloud, Brightcove beacon, Video Marketing Suite, Beacon, Brightcove Campaign, Enterprise Video Suite, OTT Flow, and others. Other players such as Kaltura Inc., Apple Inc., and others are engaging in joint ventures, collaborations, and partnerships with local companies to enter new geographies and generate better revenue in the future.

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

October 2019 – Marketo Engage and Brightcove Inc. entered into a partnership for incorporating video content into their marketing strategies.
June 2019 – Tencent, a China-based company launched a video streaming service called WeTv in Thailand, wherein Chinese content was streamed under Thai dubbing.

𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬™ 𝐥𝐢𝐬𝐭𝐬 𝐨𝐮𝐭 𝐭𝐡𝐞 𝐧𝐚𝐦𝐞𝐬 𝐨𝐟 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐯𝐢𝐝𝐢𝐧𝐠 𝐭𝐡𝐞𝐬𝐞 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐕𝐢𝐝𝐞𝐨 𝐒𝐭𝐫𝐞𝐚𝐦𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭. 𝐓𝐡𝐞𝐲 𝐚𝐫𝐞 𝐚𝐬 𝐟𝐨𝐥𝐥𝐨𝐰𝐬:

• Wowza Media Systems, LLC
• Walt Disney Company
• Tencent
• Roku, Inc.
• Netflix, Inc.
• Kaltura, Inc.
• iQIYI
• IBM Corporation
• Google LLC
• Cisco Systems, Inc.
• Brightcove, Inc.
• AT&T, Inc.
• Apple, Inc.
• Amazon.com, Inc.
• Akamai Technologies
• Other vendors

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