Streaming media service is an advanced streaming platform that facilitates the on-demand distribution of audios, videos, and multimedia contents through communication media including the Internet and IP network. Growing adoption of advanced technologies such as cloud storage and bring your own devices (BYOD) is booming the growth of the streaming media services market. Further, gaining popularity of online streaming platforms, as people are preferring online streaming rather than traditional TV are rising demand for the streaming media services market. Continuous globalization and consistent improvements in streaming content are also attributing to the growth of the streaming media services market.
MARKET DYNAMICS
Factor such as upsurge in demand for online videos for entertainment, increase in live-streamed content, a surge in web advertising, extensive use of videos in corporate training are set to drive the growth of the streaming media services market. Increasing demand for on-demand entertainment services such as live matches, news, entertainment programs, and gaming systems are also triggering the growth of the streaming media services market. Moreover, many organizations and institutions across the globe are utilizing streaming media services for delivering seminars, presentations, training activities, and e-learning programs which expected to influence the growth of the streaming media services market in the near future.
MARKET SCOPE
The "Global Streaming Media Services Market Analysis to 2028" is a specialized and in-depth study of the Streaming media services industry with a special focus on the global market trend analysis. The report aims to provide an overview Streaming media services market with detailed market segmentation as service, application, end-user, and geography. The global Streaming media services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading streaming media services market players and offers key trends and opportunities in the streaming media services market.
MARKET SEGMENTATION
The global streaming media services market is segmented on the basis service, application, end-user. On the basis of service the market is segmented as audio streaming, video streaming. On the basis of application the market is segmented as real time entertainment, web browsing and advertising, gaming, social networking, e-learning. On the basis of end-user the market is segmented as domestic, educational, professional/business.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Streaming media services market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Streaming media services market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Streaming media services market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the streaming media services market in these regions.
MARKET PLAYERS
The reports cover key developments in the streaming media services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Streaming media services market are anticipated to lucrative growth opportunities in the future with the rising demand for streaming media services in the global market. Below mentioned is the list of few companies engaged in the streaming media services market.
The report also includes the profiles of key streaming media services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Amazon.com, Inc.
- Apple Inc.
- Google LLC (YouTube)
- Home Box Office, Inc. (HBO)
- Hulu, LLC
- Microsoft Corporation
- Netflix, Inc.
- Pandora Media, Inc.
- RealNetworks, Inc.
- Spotify AB
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.