How big is the Video Streaming Market?

The Video Streaming Market size is expected to reach USD 129.88 billion in 2024 and grow at a CAGR of 23.59% to reach USD 374.51 billion by 2029. Read More

What is the current Video Streaming Market size?

In 2024, the Video Streaming Market size is expected to reach USD 129.88 billion. Read More

Who are the key players in Video Streaming Market?

IBM Corporation, Alphabet Inc., Amazon.com, Inc., Netflix, Inc. and Hulu, LLC (The Walt Disney Company) are the major companies operating in the Video Streaming Market. Read More

Which is the fastest growing region in Video 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 Video Streaming Market?

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

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

In 2023, the Video Streaming Market size was estimated at USD 99.24 billion. The report covers the Video Streaming Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Video Streaming Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Video Streaming Market Size & Share Analysis - Industry Research Report

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

The Video Streaming Market is Segmented by Streaming Type (live Video Streaming and Non-Linear Video Streaming), Component (software and Services), Solutions (Internet Protocol TV, Over-The-Top (OTT), Cable TV, and Pay-TV), Platform (gaming Consoles, Laptops & Desktops, Smartphones & Tablets, and Smart TVs), Revenue Models (advertising, Rental, and Subscription), Deployment Type (cloud and On-Premises), End-Users (enterprise and Consumer), and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Video Streaming Industry Overview

The Video Streaming Market is expected to be highly competitive due to global firms competing in various solutions and service offerings. In addition, these firms are actively engaging in partnerships and innovations to stay competitive in the market. A few prominent players in the market include IBM, Amazon, Netflix, Hulu, etc.

In June 2023, Amazon plans to introduce an advertising-supported Prime Video streaming service tier. The online retail and streaming firm wants to expand its ad business and boost entertainment income. Additionally, Amazon has initiated discussions with Warner Bros. Discovery and Paramount Global to include the ad-based tiers of their streaming services through Prime Video Channels. Users may subscribe to streaming services like Max and Paramount+'s ad-free editions through Prime Video Channels and watch through the app.

In May 2023, Rumble, a prominent video-sharing company, revealed that the business acquired Callin, the podcasting and live-streaming service in San Francisco created by tech investor and entrepreneur David Sacks and Axel Ericsson. As part of Rumble, Ericsson and the Callin team will keep developing live-streaming capabilities.

In April 2023, Akamai Technologies, a cloud services provider that power and secure online lives unveiled new cloud computing features for streaming video at the 2023 NAB Show. The tools are designed to assist OTT providers in providing viewers with video experiences of greater quality and more tailored to their individual needs. They can also assist operators in realizing reduced, more predictable operating expenses and enhancing attempts to monetize content. Furthermore, Akamai highlighted the most recent participants in its Qualified Computing Partner program and revealed improvements to its support for the Common Media Client Data (CMCD) protocol.