Press release
Streaming Media Device Market In Global Industry grow Impressively at a CAGR of about 17.45% by 2020
ALBANY, NY, March 31, 2017 :Streaming media devices are designed and developed specifically to stream, play, and manage online streaming content profiles such as Netflix and Hulu. It provides users with the option to play the content on TV. The global streaming media device market is expected to ship 439.8 million units by 2020, growing at a CAGR of 17.45% during the forecast period. The market is currently in its nascent stage but is witnessing unprecedented growth. In 2015, Asia-Pacific (APAC) had the highest growth rate in the market. Europe, the Middle East, and Africa (EMEA) and the Americas are quite matured markets.
Technavios analysts forecast the global streaming media device market to grow at a CAGR of 17.45% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global streaming media device market for 2016-2020. To calculate the market size, the report considers the unit shipments of streaming media devices.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Streaming Media Device Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Amazon
Apple
Microsoft
Roku
Sony
Market driver
Easy connectivity with electronic devices
For a full, detailed list, view our report
Market challenge
Illegal downloading and piracy
For a full, detailed list, view our report
Market trend
Rising adoption of cloud services
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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