Video Streaming Market Size, Growth, Demand, Opportunities & Forecast To 2026


Posted July 14, 2020 by rohit890

Video streaming refers to the visual content transmission in compressed form through the internet and retrieved and displayed played as per the users
 
Market Overview

Video streaming refers to the visual content transmission in compressed form through the internet and retrieved and displayed played as per the users’ convenience and time, without the requirement of downloading. Moreover, these services enable the viewership of the content without consuming the additional storage space.

Increased acceptance of smart phones in conjunction with wide spread of high-speed internet technologies such as 3G, 4G and LTE, has led to increased proliferation of on demand content services. These include wide range of IP television services that provide easy access to any form of visual content services such as live events, advertisements and social networking such as Skype, Facebook Messenger, Google Hangouts and Apple Facetime. Convenience and ease of access are expected to provide significant market growth prospects to the video streaming market over the forecast period.

Request Sample Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-sample/644

Market Dynamics

Enterprise users shared major space in the video streaming market in 2016, owing to significant demands of visual content for corporate training, live webcasts, product information assist and video conferences. Such activities form considerable requirements to enhance the business productivity, team collaborations, maintaining information archives, and reducing travel expenses for the company. These factors are expected to provide significant demands over the forecast timeframe, and positively impact the global growth landscape through the forecast period.

H.264 compression format is the most popular compression technique that has been in use over the decade is anticipated to be replaced by H.265 over the coming years. Also known as High Efficiency Video Coding, it offers efficient visual quality at 50% bit rate requirements. This enables quality content at half the file size and data connectivity requirement as of H.264. However, adoption of the format is not widespread, and is limited to 4K streams of Amazon and Netflix, owing to requirement of patent licensing, compatibility issues and requirement of new hardware among many others.

Developed economies that include U.S. Western Europe, Japan and few other emerging economies, specifically China, are making significant efforts in the development of 5G infrastructure. For instance, in June 2017, China Academy of Information and Communications Technology, forecasted the combined expenditure of the three domestic network operators to reach around 46 billion in 2023. According to our expert analysis it is anticipated that 5G technology will get commercialized by 2022, specifically in developed economies. This will provide additional boost to the existing video streaming market over the forecast period, for both enterprise and recreational purposes.

Get Request Customization Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-customization/644



Industry presence is characterized by the presence of chief technology participants such as Apple Inc., Microsoft Corporation, Google, Inc., Facebook, Inc., Yahoo, Inc., Netflix, and Limelight Networks among few others. However, large number of participants are gaining significant traction owing to low cost of ownership and tremendous growth potential in the video streaming market. Other participants include Cisco Systems, Adobe Systems Incorporated, Akamai Technologies, Amazon Web Services, Ustream, Inc. and Hulu. Already existing players are expected to hold significant industry share through the forecast period, owing to the wide acceptance and quality of customer satisfaction build across the globe.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Name: Mr. Raj Shah

Phone: US +12067016702 / UK +4402081334027

Email: [email protected]

Visit Our Blogs: https://blog.coherentmarketinsights.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By coherent market insights
Country India
Categories Advertising , Blogging , Industry
Last Updated July 14, 2020