Video Streaming Solutions
Global Video Streaming Market to Reach $154.5 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Video Streaming estimated at US$49.9 Billion in the year 2020, is projected to reach a revised size of US$154.5 Billion by 2027, growing at aCAGR of 17.5% over the period 2020-2027. Live, one of the segments analyzed in the report, is projected to record 16.8% CAGR and reach US$95.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non-Linear segment is readjusted to a revised 18.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $13.7 Billion, While China is Forecast to Grow at 23.2% CAGR
The Video Streaming market in the U.S. is estimated at US$13.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$34.1 Billion by the year 2027 trailing a CAGR of 23% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 15.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14.1% CAGR.
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