Press release
At a CAGR of 17.45%, Global Streaming Media Device Market to grow over Forecast period 2016-2020
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.
The global streaming media device market to grow at a CAGR of 17.45% during the period 2016-2020. 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
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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
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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