Overview and Scope
Content streaming refers to the continuous transmission of audio or video data from a server to a computer or mobile device over the Internet for real-time playback.
Sizing and Forecast
The content streaming market size has grown rapidly in recent years. It will grow from <b>$140.55 billion in 2023 to $160.55 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. </b> The growth in the historic period can be attributed to high-speed internet availability, smart devices proliferation, original content creation, cord-cutting trends, global expansion.
The content streaming market size is expected to see rapid growth in the next few years. It will grow to <b>$271.49 billion in 2028 at a compound annual growth rate (CAGR) of 14.0%. </b> The growth in the forecast period can be attributed to personalization and ai, live streaming and sports, global content licensing, high-quality 4k and 8k streaming, interactive and immersive content. Major trends in the forecast period include ad-supported streaming, bundling and aggregation, short-form and mobile content, localized and regional content, content diversity and inclusivity.
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Segmentation & Regional Insights
The content streaming market covered in this report is segmented –
1) By Type: On-Demand Video Streaming, Live Video Streaming
2) By Deployment: Cloud, On-Premise
3) By End User: Consumer, Enterprise
Sub-Segments
By Platform: Smartphones, Laptops & Desktops, Smart TVs, Gaming Consoles
<b>North America</b> was the largest region in the content streaming market in 2023. <b>Africa</b> is expected to be the fastest-growing region in the content streaming market during the forecast period. The regions covered in the content streaming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in the number of devices that are capable of supporting digital media (such as smartphones, tablets, laptops, desktops, and smart TVs) along with increased internet access speed with better networks, coverage, and advanced technologies (3G, 4G / LTE) has provided consumers with an option to access the media content of his/her choice such as information, entertainment or social activity anytime, anywhere. Moreover, the rise in digital media players such as Netflix, Hulu, Amazon, Apple TV, Roku, and Boxee has shown a tremendous increase in online media consumption. Thus, the increase in the number of mobile devices, internet connectivity, and digital media players or content providers makes it easier for consumers to access music and video content going forward which thereby increases the growth of the content streaming market in the forecast period.
Key Industry Players
Major companies operating in the content streaming market include <b>Netflix Inc., Amazon Web Services Inc., Akamai Technologies Inc., Hulu LLC., Apple Inc., Google LLC, Cisco Systems Inc., Disney+, Kaltura Inc., AT&T Inc., Adobe Inc., IBM Corporation, Tencent Video, iQIYI Inc., HBO Max, Paramount Plus, Eros Digital FZ LLC, ALT Digital Media Entertainment Limited, Globo Comunicação e Participações S.A., Starz Entertainment LLC, iFlix Sdn Bhd, ESPN Inc., Peacock TV LLC, Canal Plus Group SA, CuriosityStream Inc., StarTimes Media, Sony Pictures Networks India Private Limited, Discovery Inc., DAZN Group Limited, PCCW Media Limited, AMC Networks Inc., MUBI Inc., Nordic Entertainment Group AB, WatchIT Media FZ LLC, Ellation LLC, RTL Group Sam, BluTV AS, MBC Group, Yandex LLC, Bell Media Inc</b>
The content streaming market report table of contents includes:
1. Executive Summary
2.Content Streaming Market Characteristics
3.Content Streaming Market Trends And Strategies
4.Content Streaming Market analysis
5.Content Streaming Market Size And Growth
6.Content Streaming Segmentation
7.Content Streaming Regional And Country Analysis
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27.Content Streaming Competitive Landscape And Company Profiles
28.Content Streaming Key Mergers And Acquisitions
29.Content Streaming Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Netflix Inc.
- Amazon Web Services Inc.
- Akamai Technologies Inc.
- Hulu LLC.
- Apple Inc.
- Google LLC
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