Global Live Streaming Market Size 2024, Forecast To 2033
11 Mar, 2024
The live streaming market has witnessed exponential growth, increasing from $1.51 billion in 2023 to $1.83 billion in 2024, with a compound annual growth rate (CAGR) of 21.4% during the historic period. This growth is attributed to strong economic expansion in emerging markets, an increase in new video streaming subscriptions, the surging popularity of e-sports and video games, and an elevated demand for computing devices such as PCs and laptops. Looking ahead to 2028, the market is expected to sustain exponential growth, reaching $3.95 billion at a CAGR of 21.3%. Forecasted growth drivers include an increase in mobile video viewing, expanding internet penetration, and a growing young/millennial population. Key trends in the forecast period encompass a focus on product launches, mergers and acquisitions, the launch of cloud-based live streaming services, technological advancements, subscription-based streaming services, and increased investments.
Global Live Streaming Market Key Driver
The live-streaming market is expected to experience growth fueled by increasing internet penetration in both rural and urban areas. As of October 2022, DataReportal reported that 5.07 billion people worldwide use the internet, equivalent to 63.5% of the world's total population, with continued growth in the connected population. Livemint reported 692 million active internet users in India in July 2022, projecting an estimated 900 million internet users in India by 2025. This rising internet penetration provides consumers with access to live streaming, contributing to the expected growth of the live-streaming market, with market size values for 2023, 2024, and 2028 integral to this anticipated expansion.
Get A Free Sample Of The Global Live Streaming Market ReportGlobal Live Streaming Market Segments
The live streaming market covered in this report is segmented –
1) By Component: Platform, Services
2) By Model: Business-To-Business (B2B), Business-To-Consumer (B2C)
3) By End User: Media And Entertainment, Education, E-Sports, Government, Retail, Other End-Users
By Geography:The regions covered in the live streaming market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Asia-Pacific was the largest region in the live-streaming market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the live streaming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Live Streaming Industry Players
Huya Inc, ViacomCBS Inc, Afreecatv Corp, Twitch Interactive Inc, Scienjoy Holdings Corporation, Alphabet Inc, Meta Platforms Inc, Vimeo Inc, Microsoft Corporation, Dacast, Douyin, Kuaishou, Yizhibo, Bolo Live, Uplive, Hakuna Live, Movistar+, Tf1, Rakuten Tv, Maxdome, Britbox, Dazn, Spiideo, Kinopoisk, Rutube, Amediateka, Okko, Romania Tv, Antena3, Film Web, Amazon, Boxcast, Empire Video Productions Llc, Facebook Inc, Flux Broadcast, Google LLC, IBM Corporation, Instagram Inc, Periscope, Pluto Inc, Calypso, Story Max, Zetenta, Creatives Rd, Globant, Axented, Ripenapps Technologies, Elevate Marketing Agency, Fasmedia.Ae, Zapio Technology, Marketing Window, Gravity Production, Takkah Production, Dice, Rightclick, Livestreaming Kenya, Showmax, Flash Forward Productions, Protel Studios, Streamlab Za
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Live Streaming Market Overview
Live streaming allows streamed video to be sent over the internet in real time, without first being recorded and stored. Live streaming is used for TV broadcasts, video game streams, and social media videos.
Live Streaming Global Market Report 2023 provides data on the global live streaming market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The live streaming market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.