Video Streaming Marketplace Assessment 2015-2025 with Analysis of Amazon Prime Video, Netflix, Hulu, Akamai Technologies, Youtube and Roku
DUBLIN, July 20, 2020 /PRNewswire/ -- The "Global Video Streaming Market - Analysis by Streaming Type (VOD, Live), Revenue Model (AVOD, TVOD, SVOD), by End User, by Region, by Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The Global Video Streaming Market, valued at USD 42.14 Billion in the year 2019 has been witnessing unprecedented growth in the last few years on the back of increasing internet penetration, escalating number of smartphone users and rising investment in good content.
Additionally, increasing technology in digital media and lockdown across regions and countries as a result of COVID-19 pandemic will drive the Video Streaming market value in the near future. Traditional media companies and the streaming video on demand platforms like Netflix, Disney+ and Amazon Prime are competing for the best quality content to stream on their platforms and grow their subscriber base and the pandemic has provided an opportunity to these companies to leverage the discretionary spend of the consumers.
Among the Streaming Type of the Video Streaming market (Video on Demand and Live), Video on Demand has been gaining popularity globally and is expected to keep growing in the forecast period. The demand of VOD in Video Streaming is due to demand of watching videos according to their choice which will keep increasing in future.
Among the Revenue Model of the Video Streaming market (AVOD, TVOD and SVOD), SVOD has been gaining popularity globally and is expected to keep growing in the forecast period. The demand of SVOD in Video Streaming is due to its availability anytime and higher revenue generating type which will keep increasing in future.
Among the End User of the Video Streaming market (Media and Entertainment, Education and Awareness, IT and E-commerce, Others), Media and Entertainment is highly popular globally and is expected to keep growing in the forecast period. The demand of Media and Entertainment in Video Streaming is due to the demand of entertainment on digital platform which will keep increasing in future.
The North American market has the largest share historically and is expected to lead the global market throughout the forecast period. Te increasing demand of Video Streaming is due to higher adoption of digital media in the region and due to growing penetration of Internet.
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