Global Video Streaming Services Market (2020 to 2025) - Featuring HOOQ, Google & Netflix Among Others - ResearchAndMarkets.com

The "Video Streaming Services Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.

The global video streaming services market was estimated at US$80.241 billion in the year 2019. The major factors that are driving the growth of the video streaming services market around the globe include the rising penetration of the internet, especially in the developing economies along with the increasing penetration of smartphones and smart TVs due to the impressive economic growth, rising disposable income, and growing middle-class population. All these factors are collectively expected to boost the video streaming services market.

Also, the skyrocketing popularity of the blockchain technology coupled with the growing acceptance of artificial intelligence across the various industries is also providing an impetus for the market to surge over the coming years as these technologies are further enabling the content providers in the enhancement of the content quality across the various platforms and various devices. Online streaming simply means watching movies, videos and to listen to music on the online platforms by the means of devices such as smartphones and laptops among others. The content on these platforms can be watched on a real-time basis rather than downloading videos on devices which also consumer the unnecessary data of the devices and as well as the internet.

Companies Mentioned

• Akamai Technologies
• HOOQ
• Google LLC
• Netflix Inc.
• Amazon.com, Inc.
• Comcast
• Tencent Inc.
• Hulu, LLC
• Iflix
• Viki, Inc.

The rising penetration of internet is one of the key factors bolstering the market growth

The Internet plays the most crucial role in driving the video streaming services market growth during the forecast period and beyond. As the number of internet users is growing there is a significant growth in the adoption of these services which is anticipated to positively impact the market growth throughout the forecast period. The rapidly growing adoption of technology is also leading to a surge in the requirement of internet services as more and more connected devices are being used the demand for the internet is also increasing. For instance, according to the World Bank Group, the percentage of the population using the internet across the globe reached 49.7% by 2017 from just 20.4% in 2007.

Also, the growing penetration of smartphones in the developing economies is also one of the key factors bolstering the growing internet penetration across these economies such as India and China among others. In addition, the availability of fast and cheaper internet service providers across these countries is also supplementing the adoption of video streaming services significantly and adding up to the market growth throughout the forecast period. Furthermore, the increasing household consumption expenditure also plays an important role in increasing the demand for these services and various products such as Smart TVs, smartphones and others. As per the World Bank Group, the household's and NPISHs Final consumption expenditure in India has grown remarkably from US$679.496 billion in 2008 to US$1.615 trillion in 2018.

Smartphones and tablets will account for a significant share of the market

On the basis of platform, the video streaming services market has been classified on the basis of smartphones and tablets, Pcs/Laptops, Smart TVs and others. The smartphones and tablets segment is anticipated to hold a noteworthy share in the market owing to the high penetration of smartphones across both the developed and developing economies of the world.

Furthermore, the mobility of these devices is also one of the key factors supporting the significant share of this segment in the coming years. Smart TVs are projected to show noteworthy growth throughout the forecast period on account of the continuous investments by the manufactures in the improvement of technology and the development of products with an aim to cater to the growing consumer requirements. Also, these TVs are already embedded with numerous streaming platforms which is also positively impacting the growth of this segment during the coming years.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.4. Industry Value Chain Analysis

5. Video Streaming Services Market Analysis, By Streaming Type

5.1. Introduction

5.2. Non-linear

5.3. Live

6. Video Streaming Services Market Analysis, By Platform

6.1. Introduction

6.2. Smartphones and Tablets

6.3. PCs/Laptops

6.4. Smart TVs

6.5. Others

7. Video Streaming Services Market Analysis, By End User

7.1. Introduction

7.2. Consumer

7.3. Enterprise

8. Video Streaming Services Market Analysis, By Geography

8.1. Introduction

8.2. North America

8.3. South America

8.4. Europe

8.5. Middle East and Africa

8.6. Asia Pacific

9. Competitive Environment and Analysis

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/km5d6q

View source version on businesswire.com: https://www.businesswire.com/news/home/20200810005594/en/