Video Streaming Market 2020: End Users, Key Players & Latest Trends
Posted: Jul 04, 2020
In today’s digital space, video streaming has become an influential media for accessing information. Moreover, the increasing preference for streaming services like Netflix, Hulu, Amazon Prime, and the growing popularity of live videos among various businesses is fueling the video streaming market growth. According to a study conducted by Cisco Systems, Inc. in 2018, over 47% of the increase was observed in live streaming as compared to 2017.
Most of the industries today are at a standstill and are facing huge losses owing to the current outbreak of the COVID-19 pandemic. However, every cloud has a silver lining. With the help of government support, it is possible to fight the contagious disease and we all hope to come out of this situation at the earliest possible. We are offering impact analysis on various markets that have been affected by the coronavirus widespread and the necessary measures adopted by them to draw out revenue."Asia Pacific to Grow Rapidly on Account of Increasing Penetration of Smartphones"
Geographically, North America earned USD 148.20 billion in 2019 in terms of share. This is attributable to the presence of advanced network infrastructure and high internet connectivity. The U.S. alone consists of more than 200 streaming service providers.
Regional Analysis for Video Streaming Market:
- North America (the USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Major Table of Contents for Video Streaming Market:
- Executive Summary
- Market Dynamics
- Key Video Streaming Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- Global Video Streaming Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
Additionally, the COVID-19 pandemic has propelled people to stay safe at home and opt for home streaming, wherein video gaming and OTT services have gained traction. Similarly, the market in the Asia Pacific is likely to grow fast and exhibit high CAGR in the forecast period on account of the presence of a tech-savvy population and the advent of smartphones with HD quality resolution, apt for video streaming. This, coupled with the availability of a better network at cost-efficient rates that propels viewers to opt for live streaming instead of downloading content are expected to help this region witness rapid growth in the coming years.
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