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Video Streaming Market Size is Projected to Reach USD 149.34 Billion by 2026 | Valuates Reports
Information relating to main drivers, constraints, and opportunities is provided in this study. This report involves the analysis of the video streaming market size, patterns, and potential projections to assess the imminent pockets of investment.
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Cloud computing developments have revolutionized video streaming and created common channels for streaming. In order to allow the use of greater bandwidth and speed, video streaming services have embraced cloud scaling. This incorporation of cloud in the video streaming market is expected to increase the video streaming market size.
The video streaming market size is further expected to increase due to the demand for high-speed Internet technology, such as 3G, 4G, and LTE. Furthermore, the growing mobile device penetration is expected to increase the video streaming market size.
Technological innovations such as Artificial Intelligence ( AI), block-chain technology, deep learning, and natural language processing are expected to increase the video streaming market size. In scoring, editing, cinematography, scriptwriting, voice-overs, and most aspects of video production, AI plays a significant role. In order to enhance content efficiency, various video streaming providers use AI.
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In 2018, the solution segment held the largest Video Streaming Market share, due to various factors such as increased disposable income, improved living standards, increased mobile penetration, easy internet connectivity, and lifestyle changes.
North America is expected to hold the largest Video Streaming Market share. This dominance of North America is attributed to the presence of economically and technologically advanced countries such as the US and Canada , and emerging technologies.
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The Global Video on Demand (VOD) Market size is expected to grow from USD 34,648.16 Million in 2019 to USD 88,523.67 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 16.92% during the forecast period.
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The global Video Streaming Software market size is projected to reach USD 8539.8 Million by 2026, from USD 4766.7 Million in 2020, at a CAGR of 10.2% during 2021-2026.
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The global subscription video on demand (SVoD) market size was at USD 24.9 Billion in 2019 and is expected to reach USD 32.3 Billion by 2025, at a CAGR of 4.5 % over the forecast period 2020-2025.
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