Streaming Devices Market - Growth Analysis and Forecast to 2024 by Applications and Competitors

Veröffentlicht von: Global Market Insights, Inc.
Veröffentlicht am: 13.03.2018 07:38
Rubrik: IT, Computer & Internet

(Presseportal openBroadcast) - APAC – an emerging ground for streaming devices market share progression
The developing economies including China, India, Indonesia, Japan, South Korea, etc., have been witnessing massive internet penetration in the recent times. The economic boom in the Asia Pacific region has been assisting the middle-class populace to shore up their disposable income, which has enabled them to purchase high-end products and invest in leisure activities. This has, eventually, entailed an astonishing rise in the number of internet users across this region, who are now demanding super-fast internet connectivity. Add to it, this has necessitated the telecom sector to enhance the internet speeds at a drastic pace, particularly in the East and South Asia, which has further propelled the APAC streaming devices industry share.

As per estimates, China attained an internet user base of more than 720 million with India bagging the 2nd rank. In addition to such remarkable internet penetration, the enhanced internet speed has proved to yet another crucial factor which has embellished the APAC streaming devices industry share. To cite an instance of the growing speeds of the internet across the APAC, South Korea in 2016 claimed the first spot in terms of global average internet speed, with an average internet speed of 27 Mbps. Apparently, owing to the aforementioned declarations, the Asia Pacific streaming devices market is forecast to record an impressive CAGR of 25 percent over the estimated period of 2017-2024.

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In the backdrop of such outstanding growth prospects of the streaming devices industry, the major technology giants and prominent video firms have been increasingly combining their respective expertise to fortify and sustain their presence in this combative marketplace. Speaking of the competitive landscape, the prominent streaming devices market players hold close to 75 percent of the total business share which goes on to demonstrate the dire need for the industry players to work conjointly to tackle the growing fierceness in this business sphere.

Google Cloud, for instance, has recently acquired Anvato, a well-known platform for editing, encoding, distributing, and publishing of videos. Post the acquisition, Google Cloud Platform now offers live and video-on-demand editing, end-to-end video processing, hybrid encoding, a management platform for signal acquisition, social and premium syndication, authenticated playback, and dynamic ad insertion. Apparently, all these advanced video processing solutions of Google, along with Anvato's scalable media processing capability, has strengthened the tech giant's presence in streaming devices industry. More such strategic collaborations are anticipated in the near future, which would further intensify the competitive landscape of streaming devices market, which in terms of remuneration, is forecast to surpass USD 25 billion by 2024.

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In the recent times, streaming devices market share has witnessed an exceptional pace of progression courtesy-- the growing worldwide trend of relying on the internet for entertainment purposes. Mobile devices, smartphones, in particular, have rapidly emerged as the most preferred medium to access online audio and video content which has enormously disrupted the global entertainment and media industry. This, as a consequence, has created massive growth prospects for the global streaming devices industry. With binge watching becoming one of the most favorite pastimes across the globe, streaming devices industry giants including Amazon, Netflix, Roku etc., have been evolving innovative strategies to tap into this burgeoning business sphere. Apparently, it would be prudent to mention that the global streaming devices market, according to estimates, held a total remuneration portfolio in excess of USD 5 billion in the year 2016.

While elaborating further upon the streaming devices industry progression trends, it is quite imperative to take note of the phenomenal growth of mobile devices sector which has been complemented with the improved speed of internet connectivity on a global scale. As per some reliable sources, the global mobile data traffic is estimated to reach 110 Exabytes per month by 2023. These statistics correspond to around 5.5 million years of high-definition video streaming, which goes on to imply the gigantic growth potential of the streaming devices industry space over the forthcoming years.

Browse key industry insights spread across 190 pages with 287 market data tables & 39 figures & charts from the report, “Streaming Devices Market Size By Price (USD 30 – 100, USD 101 – 250), By Resolution Type (4K UHD, 1080p, 720p), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Russia, China, India, Japan, South Korea, Brazil, Mexico, GCC, South Africa), Application Potential, Competitive Market Share & Forecast, 2017 - 2024” in detail along with the table of contents:

Table of Content (TOC):-

Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast parameters
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Streaming devices industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Pricing trends
2.1.4. Resolution type trends
Chapter 3. Streaming Devices Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Internet consumption trends, by region North America Europe Asia Pacific Latin America MEA
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Software providers
3.3.3. Manufacturers
3.3.4. System integrators
3.3.5. Content providers
3.3.6. Network providers
3.3.7. Distribution channel analysis
3.3.8. End-use landscape Consumer buying behavior
3.3.9. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Remote control apps
3.4.2. Open source software
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers Rising trend of cord-cutting in North America and Europe Increase in digital video and audio streaming content in the U.S. Demand for wireless systems in the U.S. and Asia Pacific Movement towards cloud solutions in North America and Asia Pacific Development of supporting internet and broadband infrastructure in Asia Pacific High consumption of entertainment and OTT services in Latin America and the Middle East
3.6.2. Industry pitfalls and challenges Increasing penetration of smart TVs Stringent regulations pertaining to piracy and illegal streaming
3.7. Growth potential analysis
3.8. Porter’s analysis
3.8.1. Threat of new entrants
3.8.2. Buyer’s power
3.8.3. Threat of substitutes
3.8.4. Threat of suppliers
3.8.5. Industry rivalry
3.9. Competitive landscape
3.9.1. Strategy dashboard Key innovations
3.10. PESTEL analysis


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