How big is the Media Streaming Market?

The Media Streaming Market size is expected to reach USD 128.36 billion in 2024 and grow at a CAGR of 7.86% to reach USD 187.39 billion by 2029. Read More

What is the current Media Streaming Market size?

In 2024, the Media Streaming Market size is expected to reach USD 128.36 billion. Read More

Who are the key players in Media Streaming Market?

Spotify Technology S.A., Apple Inc., Amazon Prime (Amazon.com Inc.), Tencent Holdings Limited and AT&T Inc. are the major companies operating in the Media Streaming Market. Read More

Which is the fastest growing region in Media Streaming Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Media Streaming Market?

In 2024, the North America accounts for the largest market share in Media Streaming Market. Read More

What years does this Media Streaming Market cover, and what was the market size in 2023?

In 2023, the Media Streaming Market size was estimated at USD 118.27 billion. The report covers the Media Streaming Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Media Streaming Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Media Streaming Industry Analysis | Growth, Forecast, Market Size & Trends Report

Media Streaming Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Media Streaming Market is Segmented by Content Type (Music Streaming, Video Streaming), Revenue Model (Advertising, Subscription), Streaming Platform (Smartphone & Tablet, Laptop, and Desktop, Smart TV), and Geography (North America (United States, Canada), Europe (Germany, UK, France, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and Middle East & Africa (UAE, Saudi Arabia, South Africa, and Rest of MEA). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Media Streaming Industry Overview

The media streaming market is fragmented owing to the presence of significant players in the market and growing competitiveness in the market. Vendors in the market are concentrating on providing high-value bundles, innovative features, and High quality, original and region-specific content to gain a competitive advantage and improve their market position by acquiring more customers. Vendors are also adopting partnerships and acquisitions to strengthen their place in the market.

In September 2023, Paramount announced launching the Paramount+ streaming service in Japan in December as a no-extra-charge addition to cable and internet provider J: COM’s platform and to pay-TV service Wowow. Paramount+ originals, including Tulsa King, Mayor of Kingstown, and Star Trek: Strange New Worlds, will be available at the service's launch and for the first time in Japan.

In March 2023, Apple announced the launching of a new standalone app designed specifically for streaming classical music. Apple Music Classical will offer access to over five million classical music tracks. The Apple said the app will have the world's most extensive classical music catalog and feature thousands of exclusive albums.