Video Streaming Market Updates

Video Streaming Market size was valued at USD 102.3 Billion in 2023 and is poised to grow from USD 110.62 Billion in 2024 to USD 189.2 Billion by 2032, growing at a CAGR of 8.13% during the forecast period (2025-2032).

Netflix, Hulu, Livestream, YouTube, Amazon Prime, and HBO among others. Companies are aiming at new product launches, innovations, expansions, mergers, and acquisitions, and finding a new market or innovating their core competency to expand individual market share. 'Netflix (US) ', 'Amazon Prime Video (US) ', 'Disney+ (US) ', 'HBO Max (US) ', 'YouTube (US) ', 'Apple TV+ (US) ', 'Peacock (US) ', 'Paramount+ (US)  ', 'Tencent Video (China) ', 'iQIYI (China) ', 'BBC iPlayer (UK) ', 'ITV Hub (UK) ', 'NOWTV (Hong Kong) ', 'Stan (Australia) ', 'Neon (New Zealand) ', 'Crave (Canada) ', 'Mubi (Germany) ', 'Rakuten Viki (US)'

Live streaming has been established as a significant force in contributing to the enhancement of the growth of the video streaming market. This feature allows for a direct dialogue with target audiences, allowing for an efficient response to inquiries and communication in business-related issues and improving understanding of questions asked. Due to its capacity to generate increased income, it has further entrenched its presence as a revenue stream in the industry thus experiencing a notable boost in live video streaming. 

Increasing accessibility of high-speed internet connections: Video streaming growth is driven in large part by the worldwide spread of broadband Internet connectivity. Because broadband's infrastructural development has been nothing short of exemplary, it is today that internet connectivity has reached more people across more households and geographies. This has enabled stable, high-speed internet connections to proliferate, thereby expanding the base of potential video streaming viewers. This, in turn, has increased the customer base for streaming services, since more people can connect to reliable internet, further growing the video streaming market.

Globally, the Asia-Pacific region is expected to experience significant growth with the highest projected CAGR because of factors including mobile devices and tablet adoption, rising technology advancement, and increased demand for streaming services. OTT has transformed the Asia Pacific market in terms of content delivery and its accessibility as established telecom players and Multi-channel Operators take up the challenge in business and marketing model by leading the market in video streaming. In Southeast Asia especially, operators are leveraging growth in broadband internet user base in the region to offer standalone video stream multichannel services and fixed-mobile bundles translating to increased Asia Pacific Video Streaming market growth.