Cloud Video Streaming Market Research Report- Global Forecast 2030

Global Cloud Video Streaming Market, By Components (By Streaming Cloud Content), By Streaming Type (Live Streaming, Video on Demand, Video Hosting), By Cloud Deployment (Private Cloud, Hybrid Cloud), By Vertical (Media & Entertainment, Education, Government) - Forecast 2030

ID: MRFR/ICT/2778-CR | 100 Pages | Published By Shubham Munde on September 2017         

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Cloud Video Streaming Market

Cloud Video Streaming Market to grow at a CAGR of 20.50% | It can reach a size of USD 21.54 Billion by 2030

By Component Support and maintenance Solutions Consulting Transcending and processing Integration and implementation Video management software Video security Video management software Video distribution Video analytics
By Type Video-on-demand streaming Live to stream
By Deployment Mode Cloud On-premise
By Vertical Government Media Healthcare Education Academia
Key Players
Companies Profiled   Akamai Technologies Inc. (U.S.)    Haivision Hyperstream (U.S.)    A-frame (U.K.)    Sorenson Media (U.S.)    Amazon Web Services (U.S.)    Microsoft Azure (U.S.)    Adobe Systems Incorporated (U.S.)    Forbidden Technologies (U.K.)    Encoding.Com (U.S.)
Market Driving Forces   Cloud streaming providers are profiting of the event owing to customers opting for OTT services for their entertainment
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Cloud Video Streaming Market Overview

Cloud Video Streaming Market Size is estimated to grow by 20.50%, it can reach a size of USD 21.54 Billion by 2030. Cloud streaming is the process of sharing or streaming video through cloud technology. Video viewing, sharing and hosting is possible through technology. Downloading, streaming and viewing files is major tasks of cloud streaming. The entertainment industry has a high demand for the cloud video streaming market. Penetration of mobiles phones and devices are creating more demand for the cloud video market. 

Entertainment is an integral part of everyone life. Growing demand for streaming technology from the consumer end is providing more scope for the cloud video streaming market. Today, there are only a few renowned streaming services. The need for higher streaming and quality service will increase the adoption of the streaming services market share. The need for quality video streaming for affordable rates is driving demand for the cloud video streaming market.

Deployment of cloud video streaming is happening rapidly. The penetration of cloud technology is leading to more adoption. In the upcoming year, the overall growth of the market is immense. Especially, media, entertainment, healthcare and government sectors are key need users of the market. As per cloud video streaming market analysis surging demand is witnessed in upcoming years.

COVID Analysis 

The outbreak of pandemic is disastrous for many markets. However, the cloud streaming service has positive impacts. The lockdowns and restrictions are leading to more use of streaming services. For entertainment, at home, many are relying on OTT subscriptions. The supply chain disruptions in many verticals are leading to work from home scenarios. 

The working individuals are choosing streaming services for relaxation and stress. The use of cloud video streaming is also increasing for business purposes. A large audience for the market is further contributing to the cloud video streaming market growth. Moreover, many streaming service providers witness a 20 to 40 % increase in the customer base. Further, in the next few years, developments in the market are expected to be higher. Post covid Cloud Video Streaming Market Trends is known to be positive. More adoption rat and high expansion rates will happen in the online video streaming market

Market Dynamics 

  • Crucial Market Drivers 

Penetration of mobile phones and internet users is the crucial driver of the cloud video streaming market. The adoption of media and entertainment platforms are increasing. High internet speed and mobile devices help user to choose their entertainment. Accessing entertainment is possible anytime and anywhere with video streaming services. Most of the users are consuming online media. 

It offers more convenience and comfort for the users. In the upcoming years, the use of the internet for online media will lead to a high adoption rate of the product. The expansion rate of the market is massive due to the high amount of internet users. Further, increasing the use of smartphones is advantageous for overall Streaming Service Market Share growth. Online video is trending due to Smartphone users. 

Internet traffic is high due to the penetration of smartphones. Internet traffic is rising by more than 60%. It is leading to high demand in the cloud video streaming market. With better access and smart devices, the expansion rate of the market is immense. Many of the consumers spend more than 2.5 hours on the internet. Low-cost video streaming will attract more end-users to the market. 

  • The Market Growth Opportunities 

Growing consumer preference for online streaming services will lead to high Cloud Video Streaming Market Growth. Traditional broadcast services are high in cost. Due to this consumer prefers affordable online streaming services. As per an integration survey, many customers spend more than 6 hours a week on online streaming services. 

There is a 59% increase in the use of streaming services in recent years. Convenience, flexibility, cost efficiency and variety are some of the benefits of cloud video streaming. It is a crucial factor that will increase the adoption rate on the market in upcoming years. Traditional TV has geographical limitations. The flexibility of watching videos is leading to more growth in the market. The shift of consumer preference from TV to online streaming will lead to high expansion on the cloud video streaming market. 

Covid 19 pandemic is creating more exposure for the cloud video streaming market. Also, the demand from the emerging nations will lead to high development opportunities in the market. Emerging nations offer more importance to cloud video streaming. China, India and Korea have more OTT services. Streaming services in the market has a high demand. Internet penetration and mobile users are continuously increasing. All these factors will provide exceptional growth scope for the cloud video streaming market. 

  • The Market Restraints 

The high cost of content creating is restraining the overall growth of the market. The cost of streaming content is rising. To provide interesting and quality content cost of investment is higher. Also, many users are interested in fresh content. Further, piracy in video streaming services is another restraining factor.

Piracy in video content is higher than every time. The leak of content can lead to revenue losses for the market. There is a high threat of content application. Piracy and the high cost of content remains a hindrance in the market. All these market restraints can affect the overall growth of this market. 

  • The Market Challenges 

The cyber attacks in video streaming services are a significant challenge in the cloud video streaming market. Cybercriminals steal expensive content from top streaming companies. Cloud is a secure platform. 

Cybercrime rates are much lower in the service than other platforms. The exposure of user private details can lead to a data breach. There are risks of hacking login credentials in the market. The increasing rate of security breaches can decline the adoption rate of the market. 

  • The Cumulative Growth Analysis 

The Cloud Video Streaming Market Size is surging in the forecast period. There are plenty of factors that contribute to the growth of this market. The rapid penetration of the internet and mobile phones is beneficial for the market. Accessing cloud video streaming is possible through these devices.

 Today, many regions have a favourable scenario for the growth of cloud video streaming. High-speed internet and awareness about streaming is contributing to high demand. There are plenty of Cloud Video Streaming Market Segments that increase revenue. However, there are a few challenges in the market that affect the growth. The high cost of connecting is restricting the adoption of cloud streaming. Overall growth is steady due to high growth opportunities. 

  • Value Chain Analysis 

The Asia Pacific will dominate the cloud video streaming market. This market contains china, India and Japan. These crucial regions are responsible for high growth in this market. Greater technological advancements are leading to a high adoption rate. The penetration of cloud services is high in the Asia pacific.

The presence of Cloud Video Streaming Market Players is positively impacting the market. It is a highly competitive environment that has high demand from various verticals. The entertainment and education market are key end-users. Also, new developments and product launches are expected imp Asia pacific. A positive economic outlook will create more growth opportunities. 

Segment Overview 

By Component 

  • Support and maintenance 

  • Solutions 

  • Consulting 

  • Transcending and processing 

  • Integration and implementation

  • Video management software 

  • Video security 

  • Video management software 

  • Video distribution 

  • Video analytics 

By Type 

  • Video-on-demand streaming 

  • Live to stream 

By Deployment Mode 

  • Cloud 

  • On-premise 

By Vertical 

  • Government 

  • Media 

  • Healthcare 

  • Education 

  • Academia 

By Region 

  • North America 

  • Europe 

  • Asia pacific 

  • The Middle East and Africa 

Competitive Landscape 

The cloud video streaming market has moderate competition. There are new developments in the market in streaming software. Also, the key players are making this technology more accessible and affordable. Also, market acquisitions, expansion and collaboration are key strategies in the competitive landscape. 

Regional Analysis 

The Cloud Video Streaming Industry is diversified into Asia Pacific, Europe and North America. The Asia Pacific is witnessing rapid growth for cloud streaming. The demand for streaming platforms is higher among end-users. 

The entertainment industry is requiring cloud video streaming to produce quality content. North America is the next largest market with a high growth rate. It holds the next largest share of the market. It is an early adopter of all cloud technologies. The presence of top key players brings more developments in the market. Europe is a high potential region for cloud video streaming. The target audience is growing in these regions. Overall profitability and expansion are higher due to these regional players. 

The key players of the cloud video streaming market are 

  • Vidyard

  • Brightcove   

  • Contus

  • uStudio

  • Ravnur, Inc

  • Vidizmo

  • Sproutvideo

  • Panopto

  • MediaPlatform

  • Vimeo

  • Polycom

  • IBM

  • Kaltura

  • VBrick

  • Kollective Technology

  • Haivision

Recent Developments 

  • IBM is changing video streaming features. The IBM cloud video streaming services will come with new developments and features. Streaming video through this feature is effortless. 

  • The key players are utilizing video streaming software for talent applications. It will provide an exceptional learning experience for many students. 

  • The key players are making new partnerships with top tech giants. It will lead to more penetration of cloud video streaming. 

Market Overview 

  • Market Overview Highlights 

  • Analysis Based Upon COVID 19

  • Explanation Upon The Market Dynamics

  • Value Chain Analysis

  • Market Segmentation Overview

  • The Regional Analysis

  • Competitive Landscape Analysis

  • Recent Developments

  • Report Scope:

    Report Attribute/Metric Details
      Market Size   USD 21.54 Billion (2030)
      CAGR   20.50% (2020-2030)
      Base Year   2020
      Forecast Period   2020-2030
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Components, By Streaming Type, By Cloud Deployment
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Akamai Technologies, Inc. (U.S.), Haivision Hyperstream (U.S.), A-frame (U.K.), Sorenson Media (U.S.), Amazon Web Services (U.S.), Microsoft Azure (U.S.), Adobe Systems Incorporated (U.S.), Forbidden Technologies (U.K.), Encoding.Com (U.S.)
      Key Market Opportunities   Next-generation Video Resolution and Bandwidth Speeds
      Key Market Drivers

  • Cloud streaming providers are profiting of the event owing to customers opting for OTT services for their entertainment. \r\n
  • Monumental increase in live streaming events and investments in streaming infrastructure are likely to favor the market growth over the forecast period.

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    Frequently Asked Questions (FAQ) :

    The global cloud video streaming market is poised to record a market value of USD 21.54 Billion by 2030.

    The global cloud video streaming market is maturing at a whopping 20.50% CAGR over the review period of 2020 to 2030.

    A few significant players of the global cloud video streaming market are Adobe Systems Incorporated (U.S.), Akamai Technologies, Inc. (U.S.), Microsoft Azure (U.S.), Sorenson Media (U.S.) among others.

    The managed services segment is expected to drive market growth over the review period.

    The growing IT management complexity and increasing adoption of BYOD is subsequently driving the cloud video streaming market growth.

    The adobe flash player and adobe AIR segment is likely to witness the highest demand in the cloud video streaming market.

    The partnership between government and network companies, institutional partners is expected to fair well for the market.