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Market Synopsis:The emergence of advanced technologies for video streaming has led to a boost in demand for the same over the years. Market Research Future (MRFR) presents an observation that the global video streaming market is prognosticated to strike 20.8% CAGR across the evaluation period 2018 to 2023.
Increasing availability of providers offering video streaming services is likely to develop the market over the next couple of years. In addition, the focus of the evolution of video quality is further anticipated to expedite the expansion of the Video Streaming Market in the upcoming years.
The provision of live and on-demand video streaming is likely to motivate the expansion of the market in the nearby future. In addition, other factors such as increasing penetration of internet services, rising demand for electronics that can stream videos, increasing disposable income, etc. are expected to catapult the video streaming market on a growth trajectory. Also, the commercialization of 5G network is poised to redefine the growth pattern of the market in the forthcoming years.
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Competitive Dashboard:
Netflix, Inc. (US), Amazon Web Services (US), Adobe Inc. (US), Microsoft Corporation (US), Google LLC (US), Apple Inc. (US), Cisco Systems Inc. (US), Walt Disney Company (Hulu) (US), IBM Corporation (US), and Akamai Technologies Inc. (US) are few of the crucial players of the video streaming market assessed in this MRFR report. These market participants are expected to increase investments in the expansion of their product portfolios over the next couple of years. This, in turn, is expected to favor the robust competition in the global market place in the years to come. It is also highlighted in the report that the rising investments in regional expansion are projected to intensify competitiveness among the players. This, in turn, is poised to influence the video streaming market in the nearby future favorably. Some of the organic approaches anticipated to be leveraged by market players to strengthen footholds are product innovations, technological advancements, research & development, etc.
Global Video Streaming Market: Segmental Analysis
• By model, the video streaming market is segmented into advertisement supported video on demand, hybrid, advertisement supported video on demand and transactional video on demand.
• By platform, the global video streaming market is segmented into gaming consoles, laptops & desktops, smart TVs, and smartphones.
• By deployment, the video streaming market is divided into cloud and on-premise.
• By type, the global video streaming market is segmented into live video streaming and on-demand video streaming.
• By component, the video streaming market is segmented into software solutions (video analytics solution, video management solution, and video security solution) and services (managed services, and professional services)
Regional Insights
The geographical study of the global video streaming market is assessed across four regions - North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). These regions are also studied on a country-level basis in the assessment. North America held the leading share of the market in 2018 and is poised to register a CAGR of 21.2% during the evaluation period. The presence of pioneering players in the region is anticipated to boost the growth rate over the next few years in the region. Europe is poised to 20.3% CAGR, while Asia Pacific is set to strike a relatively higher CAGR of 23.1% across the forecast period.
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Intended Audience
• Technology investors
• Research/Consultancy firms
• Video streaming solution providers
• Live streaming providers
• On-demand streaming providers
• Service providers
• Platform vendors
• Third party providers
• Cloud service providers
• Internet service providers
• Application service providers
• Technology providers
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com
Release ID: 88928124