World Video Streaming Market to Post 17.9% CAGR to 2020, According to Stratistics MRC Report Published at MarketPublishers.com
06 Dec 2016 • by Natalie Aster
LONDON – The world video streaming market will likely register a 17.9% CAGR in the years to come, growing from a value of USD 26.27 billion in 2015 to reach USD 83.41 billion by 2022. A surging take-up of the technology by enterprises owing to technological advances in streaming is giving a boost to the market growth. The rapid expansion of the video streaming sector is greatly attributed to the simplicity associated with the integration of OTT solutions into present-day video streaming systems. Nevertheless, large costs related to execution of these streaming technologies could pose a serious challenge for a lot of vendors.
North America is the leading video streaming market on the back of the extensive use of video streaming services by regional players for marketing and branding of products and company. In the USA Netflix takes the lead accounting for over 50% of the subscriptions, with Hulu and Amazon Prime Video. APAC is seeing the most rapid growth than any other region, with Singapore and Australia being the top contributors.
Topical research report created by Stratistics MRC and titled “Video Streaming - Global Market Outlook (2016-2022)” offers a detailed guide to the market globally and examines and categorises it by platform, end user, revenue, solution type, and by industry.
The report provides market share data for the regional and country level segments, market shares of the top industry players, market forecasts for the overall market and its segments and the regional markets. It examines the market trends, drivers, limiters, threats, challenges, investment opportunities, etc. Strategic recommendations in the leading business segments are also provided. The report gives a competitive landscape analysis as well as included detailed company profiles along with an analysis of the various strategies, financials, and recent developments of the leading players. Key trends in the supply chain and the latest technological developments are outlined. Useful strategic recommendations for the new entrants are available in the report as well.
Key players studied include: Akamai Technologies, Amazon Web Services, Netflix, Inc., Adobe Systems Incorporated, Cisco Systems, Inc., Ustream, Apple, Inc., Microsoft Corporation, Google Inc., Hulu, Highwinds Networks and Kaltura.
More market research reports by the publisher can be found at Stratistics MRC page.