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Streaming Media Devices Market to Derive Growth Apple, Inc., Roku, Inc., Google LLC, ASUSTeK Computer, Inc., D-Link Corporation, HiMedia Technology Limited, Koninklijke Philips N.V., LG Electronics, Western Digital, Sony Corporation, NETGEAR, Microsoft, A
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Streaming media devices are products used to stream all types of online media content that are available for purchase as well as free to stream. They act as a medium between the online content service providers and televisions as well as other screen platforms. Due to the massive potential held by this product, several companies are looking to introduce products of their own, each with additional features. Moreover, companies are looking to offer services at lower cost, with the aim of establishing a stronghold in the market. Streaming media devices offers advanced features such as record, store, and playback. These features cater to changing consumer needs across the world. The presence of several large scale companies will bode well for the market in the coming years. The increasing number of product innovations will open up a huge potential for the growth of the overall market in the foreseeable future.
Increasing Number of Streaming Vendors Will Provide Impetus to Market Growth
The report includes several factors that have contributed to the growth of the market in recent years. Due to the increasing demand for streaming media devices across the world, several companies are looking to capitalize on this by providing services at a low cost. Moreover, these companies are looking to offer a huge number of on-demand content on their streaming platforms. In October, TiVo announced the launch of a new streaming platform, a step that comes after the companies’ initial plans to acquire a wider global consumer base. The company introduced ‘TiVo+’, a platform that will allow users stream thousands of TV shows as well as movies. TiVo+ enters the fray with a positive future outcome and will generate a massive streaming media devices market share in the coming years.
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North America to Emerge Dominant; Increasing Number of Online Streaming Platforms Will Aid Growth
The report analyzes the ongoing streaming media devices market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, the market in North Americais projected to emerge dominant in the coming years. The inclination towards online media services from cable TV in people across this region will aid the growth of the market. As of 2018, the market in North America was worth USD 12.74 billion and this value is likely to increase further in the coming years. Besides North America, the market in Asia Pacific will rise with the highest CAGR in the coming years, driven by the increasing internet penetration in several countries across this region.
Industry Developments:
September 2019 – Bharti Airtel announced the launch of a new digital platform for online media streaming. The company introduced ‘Airtel Xstream,’ Airtel Xstream Box, and the Airtel Xstream Stick in India.
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Table Of Content
Introduction
Definition, By Segment
Research Approach
Sources
Executive Summary
Market Dynamics
Drivers, Restraints, and Opportunities
Emerging Trends
Key Insights
Macro and Micro Economic Indicators
Consolidated SWOT Analysis of Key Players
GlobalStreaming Media Devices Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Size Estimates and Forecasts
By Type(Value)
Gaming Consoles
Media Steamers
Streaming Box
Streaming Sticks
By Resolution(Value)
HD
HDR
4K
By Application (Value)
Audio
Video
Others
By End-Use(Value)
Commercial
Residential
By Region (Value)
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
North AmericaStreaming Media Devices Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Size Estimates and Forecasts
By Type(Value)
Gaming Consoles
Media Steamers
Streaming Box
Streaming Sticks
By Resolution (Value)
HD
HDR
4K
By Application (Value)
Audio
Video
Others
By End-Use (Value)
Commercial
Residential
By Country (Value)
US
Canada
EuropeStreaming Media Devices Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Size Estimates and Forecasts
By Type(Value)
Gaming Consoles
Media Steamers
Streaming Box
Streaming Sticks
TOC Continued…!
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