Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Video streaming is a type of media streaming in which content is sent over the internet which is delivered to a remote user. Through video streaming, a viewer can view the video online without downloading into a device. Data streaming is the basic principle on which video streaming works. Basic requirements for video streaming are a compatible video player that connects with a remote server, which stores the live feed.PayTV, OTT, internet protocol television are the solutions on which global video streaming is based on. Among all these solutions, OTT is widely used. Factors which drive the global video streaming market are the increase in live streamed content, high speed internet connectivity and convenience provided to the users.
The video streaming market, in terms of value, is expected to grow rapidly during the forecasting period at a CAGR of around 19%. Social networking websites such as twitter and facebook, which were used by users to exchange their views, thoughts and participate in various events, stimulate the growth of video streaming market globally.
Asia Pacific is anticipated to be the fast growing market and is predicted to grow with a highest CAGR during the forecast period due to the rising awareness about business productivity and growing usage of digital media among individuals and organizations. In Asia-Pacific, China is projected to grow in video streaming market during the forecast period due to increased number of internet users. Chinese government has banned various TV series like good wife and the big bang theory which led to increase in piracy; this stimulates the growth of video streaming market.North America holds the largest market share in terms of revenue due to collaborations between network arenas, institutional partnerships and large scale investment in video streaming services.Europe is anticipated as a strong contributor in the video streaming due to increase in cloud based video streaming market.CLICK TO DOWNLOAD FREE SAMPLE
Our-in depth analysis of the global video streaming market includes the following segments:
Global video streaming market is further classified on the basis of region as follows:
Improving internet connectivity and demand for video streaming services bolster the market of video streaming globally. Factors such as increasing mobile subscriptions, adoption of mobile connected devices, easiness in watching the video anytime & anywhere stimulate the growth of video streaming market.Increasing of Video-as-a-Service (VaaS) in enterprises, rise in growth of online videos; demand for on- demand video services helps to grow the video streaming market globally. Large use of apps such as YouTube, Facebook strength the market of video streaming globally.Interruptions while watching online videos, low band, buffering, piracy are some of barriers in the growth of video streaming market.Some of the challenges which the video streaming market faces are limitations by government for airing international television shows.
Overview of the Parent Market
Analyst View
Segmentation
The global video streaming market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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