Video Streaming is a type of media in which video data is delivered to the user via the Internet. This simply allows the user to view the video file without downloading it. Technological improvements in blockchain and artificial intelligence in recent years have revolutionized the film and video industry. The coming years will witness the growth of the Video Streaming market.
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Market / Industry segment of video Streaming
Base Year | Market size(B$) | Duration(YEAR) | CAGR(%) | Source Name |
2020 | 50.34 | 7 | 20.40% | Grand view research |
2020 | 43.7 | 7 | 19.10% | PR newswire |
2018 | 38.56 | 8 | 18.30% | Alliedmarketresearch |
2019 | 42.6 | 8 | 20.40% | Million Insights |
2020 | 50.35 | 7 | 20.40% | Globe news wire |
Influencing factors that change the market size of Video Streaming
The size of the market value changes under the influence of many factors; the increase and decrease in the rate of these influential factors leads to changes in the value of the market size, which is provided by direct and reverse drivers in the market of Video Streaming
Direct drivers:
- Increasing number of smart phones
- Coronavirus pandemic
- Increased demand for VoD streaming
- Internet penetration
Reverse Drivers:
- Lack of proper infrastructure
- No copyright law
- High cost of the Internet
This market may also be threatened by the following risks:
In all different markets and industries, the risk is always one of the factors that business founders should be sufficiently aware of. The first step is risk assessment identifying risks in the market to perform risk management. The market of video Streaming may also be threatened by the following risks:
- Technology risk
- Competition risk
- Litigation risk