Live Streaming Market Global Size, Industry Trends, Revenue, Future Scope and Outlook 2029

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Live Streaming Market size was valued at US$ 47.43 Bn. in 2022 and the total revenue is expected to grow at 27 % through 2023 to 2029, reaching nearly US$ 252.76 Bn.

Live Streaming Market Overview:

The purpose of this study is to provide a thorough overview of the Live Streaming Market by component, application, industry, and geography. The article goes into great detail about the primary factors influencing the Live Streaming Market’s growth. The report also includes a comprehensive examination of the market’s value chain.

Market Scope:

Secondary research is used to assess and predict the Live Streaming Market industry, and it begins with sources that gather revenue data from major suppliers. When assessing market segmentation, vendor offerings are also considered. Using the bottom-up approach, the entire size of the Live Streaming Market was calculated using the income of major enterprises.

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Drivers:

The market is expanding favourably as a result of the increasing use of cloud-based technologies to expand the audience for live video content. modern technological improvements for the best possible video quality, performance, and security. The audience is more inclined to use various live streaming solutions and services as a result of the widespread acceptance of digital media across numerous industrial verticals. These elements are fueling market expansion.

Segmentation:

By Component, the platform has a 78% market share in 2022. The platform segment is being driven by growing client online data consumption and browsing habits. As influencers promote new applications and draw in new clients, the use of artificial intelligence to transform the appearance of users with superstars is growing in popularity.

By End Use, media and entertainment held a 30% market share in 2022. client consumption of movie and celebrity news. The development of channels from film studios and small influencers to supply engaging material is propelling the segment’s expansion. Channel owners place a high focus on audience attraction because it increases their clientele.
Over the forecast period, esports are anticipated to expand at a CAGR of 9%. It is anticipated that the increase of the gaming community and the acceptance of MMORPGs by game creators will propel the market. Over the course of the forecast period, market expansion is anticipated to be fueled by live streaming of events, the creation and sponsorship of Esports competitions, and other factors.

Key Players:

We investigated the Live Streaming Market from every angle, including both primary and secondary research methods. This improved our grasp of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, consumer behaviours, and so on. Following that, the data is collated and evaluated using a variety of market estimation and data validation approaches. In addition, we have an in-house data forecasting engine that predicts market growth until 2029.

The major players covered in the Live Streaming Market report are

1. Flux Broadcast
2. Vimeo
3. Amazon.com Inc.
4. Streaming.hr
5. Microsoft Corporation
6. Facebook Inc.
7. IBM Corporation
8. Empire Video Productions LLC
9. Google Inc.
10. EventStreaming.TV
11. Periscope
12. AfreecaTV Co. Ltd.
13. Huya Inc.
14. Twitch Interactive Inc.
15. Instagram Inc.
16. Dacast

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Regional Analysis:

Market share information for North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.

COVID-19 Impact Analysis on Live Streaming Market:

Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance are among the industries affected by the COVID-19 epidemic. COVID-19 has had an impact on the Live Streaming Market as a whole, as well as the growth rate in 2019-2020 as COVID-19’s impact spreads. Our most recent research, perspectives, and management knowledge are critical to the enterprises and associations in the Live Streaming Market sector, which is pushing through the COVID-19 emergency to deal with the danger of digitization employment in order to provide trustworthy facts and experiences to CEOs.

Key Questions Answered in the Live Streaming Market Report are:

Which segment captured the most market share in the Live Streaming Market?
What was the Live Streaming Market’s competitive environment in 2022?
What are the primary elements driving the Live Streaming Market’s growth?
In 2022, which region had the most proportion of the Live Streaming Market?

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