Video Streaming Market trends research and projections for 2018-2024 Video Streaming Market

Video Streaming Market share research by
applications and regions for 2018-2024: Global
Market Insights Inc.
According to new Global Market Insights, Inc, technology research report Video
Streaming Market size is slated to grow substantially in the forecast timeframe
propelled by growing demand for on-demand entertainment services, rapid adoption
of cloud-based video streaming solutions, and network bandwidth optimization. These
drivers have accelerated the adoption of streaming media services in enterprises by
providing high-availability web-content, endless data storage, and reduced lag time in
content delivery. With the tremendous growth in a number of internet users, the video
streaming market is expected to grow faster during the forecast timeline.
Video streaming technology facilitates real-time presentation and distribution of audio,
video, and multimedia content over IP network managed by the service providers. It
allows a user to view the content in real-time without waiting for the entire file to be
downloaded, which saves time and provide the media owners with built-in copy
protection. The technology is increasingly being adopted due to the rising data
consumption and smartphone penetration, availability of high-speed internet access,
and increasing number of digital media players such as Netflix, YouTube, Amazon,
iTunes, and Facebook. The emerging trend of enterprise mobility and evolving
payment mechanisms, such as third-party wallets and net banking, is expected to drive
the on-demand video streaming market. Furthermore, the use of Artificial Intelligence
and video analytics to understand the customer behavior is likely to provide new
opportunities for the market.
Major factors such as connectivity issues, technological issues, a surge in internet
traffic, and data loss due to buffering raise concerns for the video streaming market.
In addition to this, the disparity among software systems, high content cost, and easy
availability of pirated data restrain the market growth.
The online delivery of content can be done using two types, on-demand and
programmed-time streaming. On-demand video streaming helps users to play a video
at any point of time while programmed-time streaming establishes a channel on a
scheduled basis. The video streaming market has penetrated into different user
segments including BFSI, education, healthcare, government, travel, and
entertainment. The business organizations and educational institutions are witnessing
a notable growth of video streaming market for delivering presentations, seminars, and
promoting e-learning initiatives. Healthcare sector is also flourishing due to the usage
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