Video Streaming Market 2028: Global Industry Trends, Forecast, Latest Trends and Demand

IMARC Group, a leading market research company, has recently releases report titled “Video Streaming Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global video streaming market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the video streaming market?

Report Attributes	Details
Market Size in 2022	US$ 74.2 Billion
Market Forecast in 2028	US$ 219.4 Billion
Growth rate (2023 to 2028)	CAGR of 19.8%
Base Year of the Analysis	2022
Forecast Period	2023-2028

What is Video Streaming?

Streaming refers to the transmission of data with help of the internet from one storage device to another device. Video streaming is a technology that enables the user to view video content online on the internet without the need of downloading the media files. It reduces the requirement for storage space and enables immediate access and convenience to customers of watching the desirable content.

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What are the growth prospects and trends in the video streaming industry?

The easy access to high-speed internet represents a key factor driving the market growth. In line with this, the increasing deployment of machine learning (ML), artificial intelligence (AI), and blockchain in video production, including editing, cinematography, voice-overs, and scriptwriting is contributing to the market growth. Apart from this, the rising sales of smartphones and smart televisions (TVs) are acting as another major factor inducing the market growth across the globe.

The market is also driven by the rise in the demand for video streaming solutions in schools, institutes, colleges, and universities owing to the better learning processes offered by through visual recordings of courses. Moreover, the rising popularity of social media platforms among consumers is contributing to the market growth. Other factors, such as rising digitization across industries and the increasing video streaming services at affordable subscriptions packs, are creating a positive outlook for the market.

Who are the key players operating in the industry?

The report covers the major market players including: 

• Akamai Technologies Inc.
• Amazon Inc.
• Brightcove Inc.
• Comcast Corporation
• Google LLC (Alphabet Inc)
• Hulu LLC (The Walt Disney Company)
• Iflix (Tencent Holdings Ltd.)
• International Business Machines Corporation
• Kaltura Inc.
• Microsoft Corporation
• Netflix Inc.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Component:

• Solution
  • IPTV
  • Over-the-top
  • Pay TV
• Services
  • Consulting
  • Managed Services
  • Training and Support

Breakup by Streaming Type:

• Live/Linear Video Streaming
• Non-Linear Video Streaming

Breakup by Revenue Model:

• Subscription
• Transactional
• Advertisement
• Hybrid

Breakup by End User:

• Personal
• Commercial

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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