Streaming Media Devices Market Trends That Will Shape the Next Decade: Insights from Innovative Products Shape The Streaming Media Devices Market

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Streaming Media Devices Market Size By 2025?
The market size of streaming media devices has seen a swift expansion in recent years. The market, which was worth $16.61 billion in 2024, is predicted to increase to $19 billion in 2025, yielding a compound annual growth rate (CAGR) of 14.4%. The remarkable growth during the historic period can be credited to factors such as the proliferation of content streaming platforms, the increase in high-speed internet connections, the transition from conventional to digital entertainment, the affordability and easy access to devices, as well as the reduction in cable and satellite TV subscriptions.

How Big Is the Streaming Media Devices Market Size Expected to Grow by 2029?
The market for streaming media devices is predicted to experience substantial growth in the coming years, ballooning to $35.7 billion in 2029 with an impressive compound annual growth rate (CAGR) of 17.1%. This growth over the forecast period is driven by the rise of new streaming platforms, a focus on energy saving and sustainability, advancements in security and privacy, continuous improvement of user interfaces, and the worldwide expansion of streaming services. Key trends during this forecast period include 4k and ultra HD streaming, voice control paired with virtual assistants, smart TVs integrated with streaming services, enhanced connectivity achieved through HDMI 21, AI-powered content suggestions, and strengthened security and anti-piracy efforts.

View the full report here:
https://www.thebusinessresearchcompany.com/report/streaming-media-devices-global-market-report

Which Key Market Drivers Powering Streaming Media Devices Market Expansion and Growth?
The growth of the streaming media devices market is significantly influenced by the increased interest in video game streaming. This type of social media provides real-time video that merges traditional broadcasting with online gaming and is characterized by elements such as real-time engagement, sociability, and suspense. Such devices are employed to stream live video game content directly to televisions. For example, the Department of Foreign Affairs and Trade, a federal government entity in Australia tasked with managing foreign policies and relations, reported in 2022 that the global digital gaming industry was valued at $240 billion in 2020, with expectations to expand to $294 billion by 2024. Hence, the growing interest in video game streaming will continue to propel the streaming media devices market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10307&type=smp

What Long-Term Trends Will Define the Future of the Streaming Media Devices Market?
The key trend emerging in the streaming media devices market is product innovation. To stay competitive in the face of growing competition, leading companies in this market are focusing on introducing new streaming media devices that offer more features at a lower cost. In March 2023, for example, Allente, a Nordic TV distribution company based in Sweden, collaborated with 3 Screen Solutions GmbH & Co. KG, a German software and design company, and SEI Robotics Inc., a smart hardware company from China, to launch a new 4K dongle for over-the-top (OTT) TV. This new service enhances the user experience (UX) for Allente's customers through the proven 3Ready product framework. It features a user-friendly and attractive user interface that integrates seamlessly with Allente's super-aggregated pay-TV services on other devices, such as Android TV set-top boxes and hybrid DVB-S set-top boxes.

What Are the Emerging Segments in the Streaming Media Devices Market?
The streaming media devices market covered in this report is segmented -

1) By Device Type: Game Consoles, Media Streamers, Smart TVs
2) By Application: E-Learning, Web-Browsing, Gaming, Real-Time Entertainment, Social Networking
3) By End-Use: Commercial, Residential

Subsegments:
1) By Game Consoles: PlayStation, Xbox, Nintendo Switch, Other Game Consoles
2) By Media Streamers: Streaming Sticks, Set-Top Boxes, Blu-Ray Players, Other Media Streamers
3) By Smart TVs: LED TVs, OLED TVs, QLED TVs, Other Smart TVs

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10307&type=smp

Who Are the Global Leaders in the Streaming Media Devices Market?
Major companies operating in the streaming media devices market include Google LLC, Sony Corporation, Roku Inc., Samsung Electronics Co. Ltd., Apple Inc., Amazon.com Inc., Nvidia Corporation, Huawei Technologies Co. Ltd., HiMedia Technology Limited, ARRIS International Limited, D-Link Corporation, AsusTek Computer Inc., LG Electronics Inc., Microsoft Corporation, Humax Co. Ltd., Xiaomi Corporation, Panasonic Corporation, Toshiba Corporation, Sharp Corporation, Hisense Group Co. Ltd., TCL Technology Group Corporation, Skyworth Digital Holdings Ltd., Changhong Electric Co. Ltd., Sichuan Changhong Electric Co. Ltd., Technicolor SA, Pace plc, Cisco Systems Inc.

Which are the Top Profitable Regional Markets for the Streaming Media Devices Industry?
North America was the largest region in the streaming media devices market in 2024, and is expected to be the fastest-growing region in the global streaming media devices market during the forecast period. The regions covered in the streaming media devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10307

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email:info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.