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Global Video Streaming Market Expected to Reach USD 149.34 Billion by 2026
According to the report published by Allied Market Research, The Global Video Streaming Market Expected to Reach USD 149.34 Billion by 2026. The report provides a detailed analysis of these key players of the global digital educational publishing market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions.Rise in the adoption of cloud-based video streaming solutions, surge in live-streamed content, and extensive use of videos in corporate training are the major reasons for the growth of the global video streaming market. On the other hand, extensive growth of online video in developing economies and an increase in popularity of video game streaming services fuel the growth of the market.
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The global video streaming market is divided on the basis of component, solution type, streaming type, deployment mode, revenue model, end user, and region. Based on component, the market is bifurcated into solutions and services. The services segment is anticipated to manifest the fastest CAGR of 21.8% during the study period. However, the solutions segment held the largest share in 2018, accounting for nearly three-fourths of the market.
On the basis of solution type, the market is divided into IPTV, over-the-top, and Pay-TV. The Pay-TV segment dominated the market in 2018, contributing nearly three-fifths of the market. However, the over-the-top segment is expected to register the fastest CAGR of 25.2% during the study period.
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North America dominated the overall video streaming market share in 2018, as the region is equipped with high broadband access as well as number of services, which have already moved on to providing several videos in HD and 4K. Moreover, high adoption of digital technology across numerous industry verticals has led to the inclination of the population toward various streaming solutions and services.
The report provides an in-depth analysis of the major market players such as Tencent Holdings Limited, Kaltura, Inc, Baidu Inc, Comcast Corporation, Netflix Inc, Amazon.com Inc, Hulu, LLC, Ustream, Inc, Akamai Technologies, Brightcove Inc.
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Key Finding of the Study
• By component, the solution segment dominated the market. However, the services segment is expected to exhibit significant growth in the global video streaming industry during the forecast period.
• By solution type, the Pay-TV segment accounted for the highest revenue of video streaming industry in 2018.
• By streaming type, the non-linear video streaming segment generated the highest revenue in 2018.
• By deployment model, the on-premise segment generated the highest revenue of video streaming market in 2018. However, hybrid segment is expected to witness highest growth rate in the forecast period.
• By revenue model, the subscription segment generated the highest revenue in 2018. However, advertisement segment is expected to witness highest growth rate in the forecast period.
• By end user, the consumer segment generated the highest revenue in 2018.
• By region, North America dominated the video streaming industry in 2018. However, the Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.
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