The Streaming Media Device Global Market Report 2023, provides comprehensive information on the streaming media device market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Streaming Media Device Global Market Report 2023, the global streaming media device market size is expected to grow from $53.39 billion in 2022 to $61.92 billion in 2023 at a compound annual growth rate (CAGR) of 15.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global streaming media device market size is expected to reach $114.06 billion in 2027 at a CAGR of 16.5%.
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Advanced technologies in video platforms are a key trend gaining popularity in the streaming media device market. Companies operating in the streaming media device market are adopting advanced technologies in video platforms to sustain their position in the market. For instance, in February 2023, Xiaomi Corporation, a China-based consumer electronics company, engaged in smartphone and electronic hardware development, launched the TV Stick 4K. TV Stick 4K’ is integrated with a voice control feature, enabling users to explore Google Assistant to find content, manage playback, and even operate smart home devices. It also incorporates built-in Chromecast functionality, enabling users to cast content instantly from their smartphone or tablet to their TV. It lets users view several streaming applications and services, such as Netflix, Amazon Prime Video, and Disney+ Hotstar.
The streaming media device market is segmented:
1) By Type: Gaming Console, Media Streamers, Smart TVs
2) By Resolution: 720p, 1080p, 4K
3) By Application: E-Learning, Web-Browsing, Gaming, Real-Time Entertainment, Social Networking
4) By End User: Commercial, Residential
North America was the largest region in the streaming media device market in 2022.
The table of contents in TBRC’s streaming media device market report includes:
1. Executive Summary
2. Streaming Media Device Market Characteristics
3. Streaming Media Device Market Trends And Strategies
4. Streaming Media Device Market – Macro Economic Scenario
5. Streaming Media Device Market Size And Growth
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26. Africa Streaming Media Device Market
27. Streaming Media Device Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Streaming Media Device Market
29. Streaming Media Device Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Apple Inc
- Philips Electronics
- Amazon.com
- Google Inc
- Microsoft Corporation
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players
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