Market Scenario
Market Research Future (MRFR) revealed in a report that the global video streaming market will experience a positive growth during the forecast period of 2018 to 2023. The report mentioned the market valuation to jump from USD 39.61 billion in 2018 to a calculated valuation of USD 102.09 billion by the end of the forecast period. The growth of market is expected to be at a CAGR of 20.8% in the forthcoming years.
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The video steaming industry is anticipated to achieve a fast-paced growth in the coming years owing to the advancements in digital technologies and the emergence of 5G network services. Additionally, partnerships and agreements among the providers of various telecom network and video streaming providers is projected to strikingly increase in the forthcoming years. This is because it offers uninterrupted video streaming experience for the consumers to enjoy upon.
Market Segmentation
The global Video Streaming Market segmentation is based upon type, platform, component, deployment, and model.
- By type, the market segments into live video streaming and on-demand video streaming. Herein, the on-demand video streaming segment held the largest share of the global market with 59.3% of it under its name. Moreover, the segment is expected to exhibit a CAGR of 19.9% during the review period.
- By deployment, the market breaks down into on-premise and cloud segments. The cloud-based segment is projected to garner the highest CAGR, accounting to 21.7%, during the forecast period.
- By platform, the market includes laptops & desktops, smartphones, gaming consoles, and smart TVs. The smartphones segment hold the 32.8% of the market share, thereby leading this market category. The segment is further expected to attain the highest CAGR of 23.9% during the review period.
- By component, the market divides into software solutions and services. The software solution segment held the largest share of the market i.e. 57.7% in 2018. The segment is projected to register a CAGR of 20.1% in the forthcoming years of the forecast period. The software solution segment further narrows down into video analytics solution, video management solution, and video security solution. Herein, the video management solution segment is anticipated to attain the highest CAGR of 19.8%.
- By services, the market divides into managed and professional services. The professional segment held the highest share as per the 2018 market study. The segment is projected to register a CAGR of 23.1% in the coming years to maintain its position at the top.
- By model, the market narrows down into advertisement supported video on demand, subscription video on demand, and hybrid. The subscription-based segment is identified to be leading the market charts by attaining a projected CAGR of 19.7% during the forecast period.
Regional Insights
Geographically, the Video Streaming Market span across regions namely, North America, Asia Pacific, Europe and Rest-of-the-World (RoW).
Among all the regions, the North American region is predicted to account for the largest market share. The growth is attributed to the growing use of mobiles and tablets coupled with technical advancements in this region. Moreover, companies in the U.S. and Canada are using video streaming services for the launching of new products along with branding and marketing of the company’s products, which is further influencing the market growth in this region.
The Asia Pacific region is estimated to expand at the fastest rate during the appraisal period. In this region, China is estimated to grow at a significant rate during the appraisal period owing to the growing number of users accessing the Internet. Moreover, the Chinese sites have imposed a ban on several international TV series which has resulted in the piracy cases in the country. The Chinese government is emphasizing on launching state-owned video streaming service in order to control piracy and enabling a cost-effective method for users to access Hollywood contents. Such factors are influencing the market growth in this region.
Key Players
The prominent players in Video Streaming Market Share are – Netflix (U.S.), Adobe Systems Incorporated (U.S.), Ustream (U.S.), Amazon Web Service, Inc. (U.S.), Akamai Technologies (U.S.), Microsoft Corporation (U.S.), Apple , Inc. (U.S.), Google (U.S.), Hulu (U.S.), and Cisco Systems, Inc. (U.S.) among others.
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Impact of Covid-19 Outbreak on Video Streaming Market
Online video streaming has been gaining importance in the recent past since it provides personalized video content that can be accessed anytime anywhere. The online video streaming market is largely comprised of large multi-national players such as Netflix, Amazon Prime Video, Disney+, Hulu, HBO, Apple TV+, and YouTube, among others.
Since the global lockdown in early March following the outbreak of COVID-19, governments across the world have undertaken measures to prevent and minimize the spread of the coronavirus by closing down all the administrative, manufacturing, and corporate operations in the developed as well as developing economies. The employees have been asked to either work from their homes or provided have been provided with paid leaves. Furthermore, all other business operations, schools, colleges, universities, etc. are closed, leading to the majority of the population to stay within their homes. This, in turn, has resulted in the population opting for the Internet and other online platforms for entertainment.
Continued…
Covid-19 Analysis on Video Streaming Market @ https://www.marketresearchfuture.com/report/covid-19-impact-video-streaming-market
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Market HighlightsIn this rapidly changing world of technology, video streaming market is projected to show major growth prospects during the forecast period.
Due to technological advancements, there is increasing adoption of video streaming solutions and services on a wider platform.
This is owing to the presence of large number of established players in video streaming market.In addition to this the region also has a well-established infrastructure which allows higher penetration of mobile devices which ultimately provides high speed connectivity and is expected to be a major factor for the growth of video streaming market.The high adoption of digital media in this region is responsible for driving the growth of video streaming market.
Majority of the companies are adopting video streaming solutions and services for their marketing and branding activities which ultimately helps in driving the market growth of video streaming market.The video streaming market is growing rapidly over 17% of CAGR and is expected to reach at approx.
USD 82 billion by the end of forecast period.Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/3150Market Research Analysis:The global video streaming market, by geography, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America.
Within Asia Pacific, video streaming market is projected to contribute faster to the growth of revenue backed by increasing use of mobile phones and tablets in countries such as Japan, China and India.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
