By Infinium Global Research Aug, 2020
The Global
Video Live Streaming Solutions Market is expected to grow at a CAGR of
17.40% between 2019 and 2025 in terms of value. The extensive growth of online
videos across the globe is a major factor that drives the video live streaming
solution market. Moreover, increasing demand and adoption of multimedia
content through the different platforms and devices escalates market growth.
Furthermore, the growing adoption of live video streaming in end-user
industries are likely to increase market demand. Also, an increasing number of
smartphone users and live subscribers on various platforms boost the growth of
the video live streaming solution market. Increasing adoption of high-speed
internet and broadband services fuel the growth of the market. Technological
advancements such as smart TV, Fire TV, and others are penetrating the market
that led to growth for the video live streaming solution market. On the other
hand, network connectivity and technical difficulties involved in video live
streaming may hamper the growth of the market. Moreover, development in the 5G
high-speed network and adoption of a cloud-based platform for real-time content
create an opportunity for the growth of the global video live streaming
solution market in the near future.
Geographically, the North America region dominates the video
live streaming solution market due to the increasing number of live subscribers
and the availability of live content on various platforms. The U.S is accounted for
the largest market share followed by Canada and Mexico. Moreover, Asia
Pacific region expected to boost the growth of the video live streaming
solution market due to the increasing penetration of smartphones and tablets with
development in the high-speed network systems. In Asia-Pacific, China holds the
highest share followed by Japan and India. Increasing penetration of smartphone
user and live streaming subscribers boost the growth of the market in the
Asia-Pacific region.