Nov 24, 2021 (AmericaNewsHour) -- Research Nester has released a report titled "Video Streaming Infrastructure Market - Global Demand Analysis & Opportunity Outlook 2028" which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter's five force model.
The global video streaming infrastructure market has shown significant growth owing to the increasing demand for online streaming and entertainment services from the end-users. Moreover, the growing innovations in the hardware components, including transcoders, servers, modulators, transmitters, along with Artificial Intelligence (AI), Blockchain, and other technologies to improve the productivity and quality of the video streaming are expected to boost the growth of the market over the forecast period.
There has been a significant growth in the global video streaming infrastructure market owing to the rise in demand for online streaming along with entertainment services from end-users. With advancement in technology, there have been growing innovations in various hardware components including servers, transmitters, modulators, transcoders among others. These helps improve the productivity of the setup and enhance the quality of the streaming video. Factors such as these are expected to boost the global video streaming infrastructure market.
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The global video streaming infrastructure market is expected to grow at a CAGR of 15.36% over the forecast period, i.e. 2020-2028. It recorded a value of USD 15,230 million in 2019 and is expected to reach USD 54,980.4 million by 2028. The market is segmented on the basis of type, video streaming type, end-user, and by region. Among the type category, the hardware segment is expected to record a revenue of USD 10,457.9 million in the year 2020. This is owing to the rise in the various innovations and initiatives globally to deliver high-quality digital experiences for end-users.
Geographically, the global video streaming infrastructure market is segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa region. The market in North America is expected to record the highest growth in the global market. It has been estimated that this region would register a market value of USD 21,370.9 million by 2028 after recording a value of USD 6,427.1 million in 2019. The rise of internet penetration in the region can be marked as the reason for this growth. The major video streaming platforms of the region are witnessing a significant rise in their customer base, raising the need for better streaming infrastructure which is expected to augment the growth of the North America video streaming infrastructure market.
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The European region is expected to record a revenue of USD 14,899.7 million by 2028 from USD 4,264.4 million in 2019 along with a CAGR of 14.94% over the forecast period. This growth is projected on the back of rise in demand for live and on-demand video streaming services with end users mainly being researchers, trainees, and students across the European region.
Growing Innovations and Initiatives to Drive Market Growth
Innovations and initiatives on a global scale have been responsible for a rise in quality digital services being provided to end-users. This is expected to propel the global video streaming infrastructure market on account of the rising demand for video streaming platforms providing diverse content. As a result, many new players have entered the market and are looking to invest and try to grab a share of the revenue from major players. Owing to these factors, the global video streaming infrastructure market is expected to witness a significant boost.
However, factors such as bandwidth limitations, the high set up cost of the infrastructure, and piracy concerns are expected to hamper the growth of the global video streaming infrastructure market.
This report also studies existing competitive scenario of some of the key players of the video streaming infrastructure market which includes company profiling of Microsoft Corporation /zigman2/quotes/207732364/composite MSFT -0.58% , IBM /zigman2/quotes/203856914/composite IBM -0.02% , Huawei Technologies Co., Ltd., Haivision, Wowza Media Systems, LLC, Plantronics, Inc. /zigman2/quotes/221150726/delayed AU:PLT -2.74% , Brightcove Inc. /zigman2/quotes/202701936/composite BCOV -1.62% , Telefonaktiebolaget LM Ericsson (sto:ERIC-B), NVIDIA Corporation /zigman2/quotes/200467500/composite NVDA -2.46% , and ZTE Corporation (she:000063) among other prominent players.
The profiling enfolds key information of the companies which comprises of business overview, products and services, key financials and recent news and developments. Conclusively, the report titled "Video Streaming Infrastructure Market - Global Demand Analysis & Opportunity Outlook 2028", analyses the overall video streaming infrastructure industry to help new entrants to understand the details of the market. In addition to that, this report also guides existing players looking for expansion and major investors looking for investment in the global video streaming infrastructure market in the near future.
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