Industry Background:
Live Video streaming services is the latest social trends and technological advances that have led to emergence of web based streaming platforms. Live Video streaming services market is expected to mark significant growth over forecasted period owing to increasing consumers spending on web-based interactive live-streaming, providing video conference application and technological advancement. Live video streaming services consist of several features such as audience interaction/engagement, 1080p HD streaming and cloud based content management platform. There has been significant rise in number of business now use video as a marketing tools with figure stood up to 87% in United States alone in 2018, the future for live streaming looks promising. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the media and entertainment sector.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
Key Companies Profiled | Hulu (United States), Netflix (United States), HBO Now (United States), Amazon Prime Video (United States), YouTube TV (United States), Philo TV (United States), PlayStation Vue (United States), Pluto TV (United States) and FuboTV (United States) |
According to AMA, the market for Live Video Streaming Services is expected to register a CAGR of 8.31% during the forecast period to 2030. This growth is primarily driven by Increase Urbanization and Digitalization Boost the Live Video Streaming Services Market. and Rapid Demand for TV Serials and Movies Fuelled up the Market..
Globally, a noticeable market trend is evident Value Oriented Consumers
The Broadcasting & Cable TV sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Hulu (United States), Netflix (United States), HBO Now (United States), Amazon Prime Video (United States), YouTube TV (United States), Philo TV (United States), PlayStation Vue (United States), Pluto TV (United States) and FuboTV (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The key manufacturers are targeting the innovations of the products with better quality, and better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Key Developments in the Market:
In March 2019, DaCast acquired vzaar a comprehensive OTT solution. This acquisition is beneficial in providing SaaS platform offering video hosting and live streaming solutions. It also offers live streaming, advanced monetization paywall with support for multiple currencies and languages, real-time analytics, and streaming to multiple platforms simultaneously.
In February 2024, Reliance Industries and Walt Disney Co. announced a joint venture that will merge their digital streaming and television assets in India, forming a new entity called Star India Private Limited (SIPL).
Regulatory Insights:
"According to government of India, its provide guidelines for the regulation of online video streaming platforms, where its denoted that most of these online platforms are operating in India without license and are streaming content that contains abusive language, is sexually explicit and pornographic in nature and depicts women in objectifying manner.”
Influencing Trend:
Value Oriented Consumers and Collaboration and Tie Up Of Leading Players
Market Growth Drivers:
Increase Urbanization and Digitalization Boost the Live Video Streaming Services Market. and Rapid Demand for TV Serials and Movies Fuelled up the Market.
Challenges:
Limitation Due to Security and Privacy Concerns Anticipated to Challenge the Market.
Restraints:
Network Connectivity and Technical Difficulties Hampers the Market. and Subscription Charges Disturbed the Market.
Opportunities:
Proliferation of Artificial Intelligence and Video Analytics Leads to Grow the Market. and Growing Penetration Rate of Internet and Mobile Phones.
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Live Video Streaming Services Market
- Analysis about New Entrants in Live Video Streaming Services Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Live Video Streaming Services Study Sheds Light on
The Live Video Streaming Services Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Live Video Streaming Services industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Live Video Streaming Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.