Title: Streaming Devices Market - Growth Analysis and Forecast to 2024 by Applications and Competitors
1Streaming Devices Market Industry Trends,
Technology, Applications and Growth Drivers to
2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Streaming Devices Market
- 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.
3Continued
- 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.
4Japan streaming devices market size, by
resolution type, 2016 2024 (Thousand Units)
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6Industry Coverage
7Continued..
- 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.
8Market Insight Coverage
9Market research reports Key analytical components
10Table of Contents
- 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
11Continued..
- Chapter 3. Streaming Devices Industry Insights
- 3.1. Industry segmentation
- 3.2. Industry landscape, 2013 2024
- 3.2.1. Internet consumption trends, by region
- 3.2.1.1. North America
- 3.2.1.2. Europe
- 3.2.1.3. Asia Pacific
- 3.2.1.4. Latin America
- 3.2.1.5. 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
- 3.3.8.1. Consumer buying behavior
12Continued..
- 3.6.2. Industry pitfalls and challenges
- 3.6.2.1. Increasing penetration of smart TVs
- 3.6.2.2. Stringent regulations pertaining to
piracy and illegal streaming - 3.7. Growth potential analysis
- 3.8. Porters analysis
- 3.8.1. Threat of new entrants
- 3.8.2. Buyers 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
- 3.9.1.1. Key innovations
- 3.10. PESTEL analysis
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