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Livestreaming Revolution: Live Streaming Market Metrics Uncover Size, Trends, and Demand in Digital Content

03-13-2024 03:46 PM CET | Media & Telecommunications

Press release from: The Business research company

Live Streaming Market

Live Streaming Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Live Streaming Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The live streaming market size has grown exponentially in recent years. It will grow from $1.51 billion in 2023 to $1.83 billion in 2024 at a compound annual growth rate (CAGR) of 21.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, increase in new video streaming subscriptions, surging popularity of e-sports and video games and increased demand for computing devices such as pcs and laptops. .

The live streaming market size is expected to see exponential growth in the next few years. It will grow to $3.95 billion in 2028 at a compound annual growth rate (CAGR) of 21.3%. The growth in the forecast period can be attributed to increase in mobile video viewing, increasing internet penetration and growing young/millennial population. Major trends in the forecast period include focus on product launches, mergers and acquisitions, launch of cloud-based live streaming services, technology advancements, subscription-based streaming services and increasing investments. .

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Market Segmentation:
The live streaming market covered in this report is segmented -

1) By Component: Platform, Services
2) By Model: Business-To-Business (B2B), Business-To-Consumer (B2C)
3) By End User: Media And Entertainment, Education, E-Sports, Government, Retail, Other End-Users

Major Driver - The Surge In Internet Penetration Driving The Growth Of The Live Streaming Market
Increasing internet penetration in both rural and urban areas is expected to drive the growth of the live-streaming market going forward. Rising penetration of the internet helps consumers gain access to live streaming. For example, as of October 2022, according to DataReportal, a Singaporean online reference library, a total of 5.07 billion people around the world use the internet equivalent to 63.5 % of the world's total population. Internet users continue to grow too with the data indicating that the world's connected population grew by more than 170 million in the past 12 months. Additionally, in July 2022, according to Livemint, an Indian financial daily newspaper, there are a total of 692 million active internet users in India, including 351 million from rural India and 341 from urban India. The report estimates that there will be 900 million internet users in India by 2025. Therefore, increasing internet penetration is expected to propel the growth of the live-streaming market.

Competitive Landscape:
Major companies operating in the live streaming market report are Huya Inc, ViacomCBS Inc, Afreecatv Corp, Twitch Interactive Inc, Scienjoy Holdings Corporation, Alphabet Inc, Meta Platforms Inc, Vimeo Inc, Microsoft Corporation, Dacast, Douyin, Kuaishou, Yizhibo, Bolo Live, Uplive, Hakuna Live, Movistar+, Tf1, Rakuten Tv, Maxdome, Britbox, Dazn, Spiideo, Kinopoisk, Rutube, Amediateka, Okko, Romania Tv, Antena3, Film Web, Amazon, Boxcast, Empire Video Productions Llc, Facebook Inc, Flux Broadcast, Google LLC, IBM Corporation, Instagram Inc, Periscope, Pluto Inc, Calypso, Story Max, Zetenta, Creatives Rd, Globant, Axented, Ripenapps Technologies, Elevate Marketing Agency, Fasmedia.Ae, Zapio Technology, Marketing Window, Gravity Production, Takkah Production, Dice, Rightclick, Livestreaming Kenya, Showmax, Flash Forward Productions, Protel Studios, Streamlab Za

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https://www.thebusinessresearchcompany.com/report/live-streaming-global-market-report

Top Trend - Enhancing Streaming Experiences With The Rise Of Cloud-Based Live Streaming Services
The launch of cloud-based live streaming services to enhance the bandwidth and for amplifying the whole streaming experience is gaining popularity in the live streaming market. For example, in September 2022, Haivision, a Canadian provider of real-time video streaming and networking solutions, launched an all-new cloud platform designed for churches - Haivision Connect. The livestreaming solution opens new possibilities for churches to easily connect and engage with audiences from anywhere.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Live Streaming Market Characteristics
3. Live Streaming Market Trends And Strategies
4. Live Streaming Market - Macro Economic Scenario
5. Live Streaming Market Size And Growth
…..
27. Live Streaming Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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