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Live Streaming Market on Track for Strong Growth, Estimated to Grow at 23.1% CAGR Through 2029

Live Streaming

Live Streaming

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What Is the Expected CAGR for the Live Streaming Market Through 2025?
The size of the live streaming market has expanded swiftly in recent past. Its growth is projected to shoot up from $1.76 billion in 2024 to $2.09 billion in 2025, maintaining a compound annual growth rate (CAGR) of 18.8%. The noteworthy expansion during the historical period can be traced back to robust economic enhancement in budding markets, an upward trend in new video streaming subscriptions, booming interest in e-sports and video games, and an amplified demand for computing equipment like PCs and laptops.

What's the Projected Size of the Global Live Streaming Market by 2029?
Expectations are high for the live streaming market size to undergo extensive growth in the coming years, with projections placing it at $4.81 billion by 2029 with a compound annual growth rate (CAGR) of 23.1%. Contributors to this growth during the forecast period likely include a surge in mobile video viewership, an increase in Internet usage, and a burgeoning youthful demographic. Key trends during this period are likely to include a concentration on new product releases and mergers and acquisitions, the emergence of cloud-based live streaming services, advances in technology, subscription-centric streaming services and the intensification of investments.

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Top Growth Drivers in the Live Streaming Industry: What's Accelerating the Market?
The expansion of the live-streaming market is projected to be fueled by escalating internet access in both rural and suburban regions. The proliferation of internet usage enables users to engage in live streaming. For instance, as per DataReportal, a Singapore-based digital data archive, nearly 5.07 billion individuals globally, or 63.5% of the worldwide population, utilized the internet as of October 2022. The number of internet users has also been on an upward trend, with over 170 million additional individuals connecting to the internet in the preceding year. Also, Livemint, an Indian business news publication, reported that as of July 2022, India had about 692 million active internet users, with 351 million from rural regions and 341 from urban areas. By 2025, the report predicts that India will have around 900 million internet users. Consequently, the rising infiltration of the internet is likely to stimulate the expansion of the live-streaming market.

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What Long-Term Trends Will Define the Future of the Live Streaming Market?
The rise of cloud-based live streaming services to boost bandwidth and heighten the overall streaming experience is becoming a preferred trend in the live streaming market. To illustrate, Haivision, a Canada-based provider of real-time video streaming and networking solutions, introduced a brand-new cloud platform particularly made for churches - Haivision Connect, in September 2022. This live streaming solution unveils fresh opportunities for churches to effortlessly connect with and engage audiences from any location.

What Are the Main Segments in the Live Streaming Market?
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

Subsegments:
1) By Platform: Streaming Software Platforms, Cloud-Based Streaming Platforms, On-Premises Streaming Platforms
2) By Services: Content Delivery Network (CDN) Services, Video Encoding And Transcoding Services, Live Streaming Support Services, Monetization and Analytics Services

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Which Top Companies are Driving Growth in the Live Streaming Market?
Major companies operating in the live streaming market include 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

Which Regions Will Dominate the Live Streaming Market Through 2029?
Asia-Pacific was the largest region in the live-streaming market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the live streaming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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