Video Streaming Market Overview, Opportunities, Demands And Growth Analysis Till 2026
Video streaming
refers to the visual content transmission in compressed form through the
internet and retrieved and displayed played as per the users’ convenience and
time, without the requirement of downloading. Moreover, these services enable
the viewership of the content without consuming the additional storage space.
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Increased accesses owing to proliferation of high speed internet
connectivity and mobile devices is anticipated to drive the overall industry
growth
Increased
acceptance of smart phones in conjunction with wide spread of high speed
internet technologies such as 3G, 4G and LTE, has led to increased
proliferation of on demand content services. These include wide range of IP
television services that provide easy access to any form of visual content
services such as live events, advertisements and social networking such as
Skype, Facebook Messenger, Google Hangouts and Apple Facetime. Convenience and
ease of access are expected to provide significant market growth prospects to
the video streaming market over the forecast period.
Growing enterprise mobility requirements are expected to propel the
industry demand growth
Enterprise users
shared major space in the video streaming market in 2016, owing to significant
demands of visual content for corporate training, live webcasts, product
information assist and video conferences. Such activities form considerable
requirements to enhance the business productivity, team collaborations,
maintaining information archives, and reducing travel expenses for the company.
These factors are expected to provide significant demands over the forecast
timeframe, and positively impact the global growth landscape through the
forecast period.
Developed economies are expected to offer significant market growth
potential owing to rapid development of internet connectivity enabled
infrastructure
Developed
economies that include U.S. Western Europe, Japan and few other emerging
economies, specifically China, are making significant efforts in the
development of 5G infrastructure. For instance, in June 2017, China Academy of
Information and Communications Technology, forecasted the combined expenditure
of the three domestic network operators to reach around 46 billion in 2023.
According to our expert analysis it is anticipated that 5G technology will get
commercialized by 2022, specifically in developed economies. This will provide
additional boost to the existing video streaming market over the forecast
period, for both enterprise and recreational purposes.
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Industry presence
is characterized by the presence of chief technology participants such as Apple
Inc., Microsoft Corporation, Google, Inc., Facebook, Inc., Yahoo, Inc.,
Netflix, and Limelight Networks among few others. However, large number of
participants are gaining significant traction owing to low cost of ownership
and tremendous growth potential in the video streaming market. Other
participants include Cisco Systems, Adobe Systems Incorporated, Akamai
Technologies, Amazon Web Services, Ustream, Inc. and Hulu. Already existing
players are expected to hold significant industry share through the forecast
period, owing to the wide acceptance and quality of customer satisfaction build
across the globe.
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