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Video Streaming Market is Expected to Witness Healthy Growth at 17% CAGR through 2030

Video Streaming Market

According to Fact.MR’s research, global video streaming market sales are expected to expand at a rate of over 17% y-o-y in 2021 over 2020.

Fact.MR’s streaming market study provides in-depth analysis and insights into the key factors that are likely to shape video streaming uptake and subscription during the assessment period.

Due to the outbreak of Covid-19, which has confined people to their homes, global video streaming viewership has seen a significant increase.

Global Video streaming Market: In-Depth Assessment on Key Segments

The global video streaming market is segmented on the basis of streaming type, delivery channel, platform, service, revenue model, end-use, and region.

Streaming Type

  • Live
  • Non Linear

Delivery Channel

  • Internet Protocol TV
  • Over-the-Top (OTT)
  • Pay-TV

Platform

  • Gaming Consoles
  • Laptops & Desktops
  • Smartphones & Tablets
  • Smart TV

Service

  • Consulting
  • Managed Services
  • Training & Support

Revenue Model

  • Advertising
  • Rental
  • Subscription

End Use

  • Enterprise
  • Corporate Communications
  • Knowledge Sharing & Collaborations
  • Marketing & Client Engagement
  • Training & Development
  • Consumer
  • Real-Time Entertainment
  • Web Browsing & Advertising
  • Gaming
  • Social Networking
  • E-Learning

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

This taxonomy, as well as the comprehensive TOC that was created, is private and intended only for the individual or entity with whom it is shared. It is illegal and banned to read, disseminate, distribute, or copy this to anyone other than the addressee(s).

The Market Study on Video Streaming’s Key Takeaways

North America dominates global sales with over 20% of the total market value share, because to powerful cloud networks and internet connectivity such as 5G.
With a double-digit 19 percent CAGR between 2019 and 2029, the Middle East and Africa present the most significant revenue prospects. Growth in the Middle East and Africa is fueled by a surge in the use of digital services and smart gadgets.

The largest demand for video streaming services comes from the consumer end-user group. With a staggering 18 percent CAGR through 2029, the category controls more than 53% of the total market value share. The development of live broadcasting of sporting events and mobile battle arena games is a key factor.

Non-linear streaming offers attractive potential with a CAGR of over 18% over the forecast period. Demand for video streaming is fueled by video streaming providers’ investments in developing original content.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=4680

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