Research-based Predictions for the Cloud Video Streaming Market

Overview

The cloud video streaming market will witness a healthy growth from 2023 to 2032, a research report suggests. Growing at a CAGR of 20.50%, the market is projected to reach US$ 29.46 billion by 2032. Adoption of cloud is expected to support the market growth along with the move from traditional forms of media. As predicted by analysts, video latency will negatively affect the market’s performance from 2023 to 2032. During the forecast period, the market will be supported by the large scale adoption of cloud computing and next-generation video resolution and bandwidth speeds. High-quality streams and bandwidth demands on the other hand will challenge cloud streaming sector based organizations functioning in the global cloud video streaming market. Analysts have split the market into streaming type, cloud deployment, vertical, and components segments based on products and services. Cloud streaming based companies have been profiled.

The increasing demand for highly skilled professionals is set to affect the global market during the forecast period 2023 to 2032. The report also provides the market’s performance forecasts till 2032. Analysts have studied the strategy of cloud streaming segment based organizations to help new entrants and established businesses. The cloud streaming sector itself is supported by the increasing disposable income as well as favorable government policies. During the forecast period 2023 to 2032, the cloud video streaming market is set to witness a health growth across streaming type, cloud deployment, vertical, and components segments as well as regional markets.

Market Segmentation

The cloud streaming sector has seen growth across streaming type, cloud deployment, vertical, and components segments owing to technological developments and the rapidly growing population. To study the market, analysts have further segmented streaming type, cloud deployment, vertical, and components into streaming cloud content on the basis of components. The market is further segmented into a streaming type sub segment which is split into live streaming, video hosting, and video on demand. Additionally, the cloud video streaming market on the basis of cloud deployment is segmented into private cloud and hybrid cloud. The market is further segmented into a vertical sub segment which is split into education, government, and media & entertainment.

The segmental analysis presented in the report provides cloud streaming field based organizations insights into key growth factors such as a rise in disposable income as well as challenges such as problems related to supply chain the market will face from 2017 to 2023. The presence of untapped market opportunities and increasing awareness levels are some of the key factors having an influence on cloud streaming industry based companies, suggest analysts as per the cloud video streaming market report. But the report also identifies the lack of investments and the unavailability of professional services as major threats companies in cloud streaming will face till 2032.

Regional Overview

Cloud streaming market based companies in the cloud video streaming market are functioning across North America, Europe, Asia Pacific, the Middle East, and Africa including the rest of the world. The increasing awareness among consumers will be a key growth driver for regional markets. However, concerns regarding high costs will turn out to be a threat. For the forecast period 2017 to 2023 each of these regional markets are studied in the report. Starting from North America, the regional market and cloud streaming vertical based companies are spread across the United States, Canada, and Mexico.

The shifting preference for cheaper alternatives will turn out to be a major challenge from 2017 to 2023. Parts of the European market covered in the report are regional markets spread across the United Kingdom, France, Italy, and Germany. The market in the region will be benefitted by consumers aiming for more convenience as well as high demand across industry verticals, suggests the report. Similarly, the cloud streaming sector’s segmental analysis for the Asia Pacific region covers India, Japan, China, and others. For the rest of the world, the research report for the cloud video streaming market covers the Middle East and Africa. Forecast based on the report’s findings are presented for the forecast period till 2023.

Competitive Landscape

The global cloud video streaming market research report brings a comprehensive study of streaming type, cloud deployment, vertical, and components market segments, regional analysis, and cloud streaming vertical based company details of key players. As the forecast period 2017 to 2023 will bring new opportunities for the market owing to the presence of effective communication and the growing urbanization, the market is set to grow at a compound annual growth rate of 13.8% and is predicted to reach a value of US$16.6 billion by 2023. With SWOT analysis of cloud streaming sector based companies and Porter’s Five Force model analysis based findings, and understanding challenges such as the lack of demand from certain regional markets and the increasing demand and supply gap , companies in the cloud streaming sector can change the way business is done.

Industry News

This morning, IBM announced that it had purchased video conferencing service UStream. In addition to announcing several cloud video acquisitions, the corporation also announced the formation of a new cloud video services subsidiary. The acquisition of UStream was first announced by Fortune, and sources put the price tag at $130 million. The figure was not confirmed by IBM. UStream, ClearLeap video management, which IBM bought in December; Cleversafe, a video storage facility IBM bought in October; and Aspera, a large-file conversion platform IBM bought at the end of 2013 would make up the current unit.