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Global Streaming Devices Market Valued at USD 12.5 Billion in 2022, Expected to Grow at a CAGR of 15.2% from 2023 to 2033

05-23-2023 06:09 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Global Streaming Devices Market Valued at USD 12.5 Billion

As per the study initiated by Evolve Business Intelligence, the global Streaming Devices market size accounted for USD 12.5 Billion in 2022, growing at a CAGR of 15.2% from 2023 to 2033. The streaming devices market refers to the market for devices that enable users to stream digital content, such as movies, TV shows, music, and videos, from online platforms directly to their televisions or audio systems. These devices connect to the internet and provide access to various streaming services, eliminating the need for traditional cable or satellite TV subscriptions. Consumers are increasingly adopting streaming services offered by platforms like Netflix, Amazon Prime Video, Hulu, and Disney+. These services provide a vast library of on-demand content that can be accessed anytime, anywhere. Streaming devices allow users to access and enjoy this content on their TVs, enhancing the viewing experience.
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Key Highlights:
• The global Streaming Devices Market size was valued at USD 12.5 billion in 2022 growing at a CAGR of 15.2% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Streaming Devices Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Streaming Devices market report also includes the following data points:
• COVID19 Impact on Streaming Devices market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Streaming Devices market
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Key Players
Some of the major Streaming Devices players holding high market share include Google LLC, Amazon.com, Inc., Apple Inc., and Humax. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Google LLC
• Amazon.com, Inc.
• Apple Inc.
• Humax
• Intel Corporation
• Nvidia Corporation
• Roku, Inc.
• Xiaomi Inc.
• Sony Corporation
• Samsung Electronics CO. Ltd.
• Microsoft Corporation
Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Streaming Devices Market:
o Hardware
o Software
Market Segment By Application with focus on market share, consumption trend, and growth rate of Streaming Devices Market:
o TV
o Gaming
o Others
Market Segment By end-user with a focus on market share, consumption trend, and growth rate of the Streaming Devices Market:
o Residential
o Commercial
Parameters Details
Market Size (2022) $ 12.5 Billion
CAGR (2023 to 2033) 15.2%
Market Segmentation Component, Application, End User
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=019422
Global Streaming Devices Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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India
Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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