40 likes | 58 Views
According to a new report by Million Insights, the Asia Pacific video streaming market size is anticipated to touch USD 31,054.1 million by the end of 2025. The market is projected to exhibit a CAGR of 20.7% over the forecast duration.
E N D
Asia Pacific Video Streaming Market To Touch $31.05 Billion By 2025 “The Asia Pacific video streaming market size is anticipated to touch USD 31,054.1 million by the end of 2025. The market is projected to exhibit a CAGR of 20.7% over the forecast duration.” The Asia Pacific video streaming market size is anticipated to touch USD 31,054.1 million by the end of 2025. The market is projected to exhibit a CAGR of 20.7% over the forecast duration. Increasing preferences for on-demand video content coupled with increasing consumption of online consumption of videos through online platforms are anticipated to bode well for the growth of the market. Owing to the shift from traditional media to digital one, there has been significant growth in media consumption in Asia Pacific. Growing penetration of smart phone and easy accessibility of data in countries such as China, India, Japan and Australia are bolstering the growth of the market. Additionally, soon-to-come 5G technology is projected to supplement the consumption of video content in high quality, thereby, spurring market growth. Easy availability of high-speed internet in Asia Pacific countries is positively affecting APAC video streaming market growth. The increasing number of users consuming video and audio content has led to a rise in consumption of data. Further, the demand for consumer electronics and connected devices that can support high-speed internet and digital media has increased considerably in the recent past. The media content creation has witnessed a significant change in the recent past as traditional TV contents have changed to online digital content. Online videos content providers such as Amazon, Hulu and Netflix are becoming increasingly popular among users. These players are also creating content in different language in order to attract a large number of consumers. India with its multi-lingual culture offers a lucrative opportunity for key players. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/asia-pacific-video-streaming-market/request-sample
Further key findings from the report suggest: • Based on solution, the OTT category is projected to expand at the fastest rate over the forecast period. • Owing to the increasing number of gamers, the gaming console division is estimated to grow at a significant pace over the forecast duration. • Favorable government initiatives aimed at speeding up digitalization is likely to have a positive impact on the market. • Emerging countries such as India and China are estimated to crucial for the market growth as these countries are witnessing a rapid rise in online content consumption. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/asia-pacific-video-streaming-market Million Insights has segmented the Asia Pacific video streaming market on the basis of streaming, solution, platform, service, revenue model, deployment, user, application, and country: Asia Pacific Video Streaming Outlook (Revenue, USD Million, 2014 - 2025) • Live Video Streaming • Non-linear Video Streaming Asia Pacific Video Streaming Solution Outlook (Revenue, USD Million, 2014 - 2025) • Internet Protocol TV • Over the Top (OTT) • Pay TV
Asia Pacific Video Streaming Platform Outlook (Revenue, USD Million, 2014 - 2025) • Gaming Consoles • Laptops & Desktops • Smartphones & Tablets • Smart TV Asia Pacific Video Streaming Service Outlook (Revenue, USD Million, 2014 - 2025) • Consulting • Managed Services • Training & Support Asia Pacific Video Streaming Revenue Model Outlook (Revenue, USD Million, 2014 - 2025) • Advertising • Rental • Subscription Asia Pacific Video Streaming Deployment Outlook (Revenue, USD Million, 2014 - 2025) • Cloud • On-Premise Asia Pacific Video Streaming User Outlook (Revenue, USD Million, 2014 - 2025) • Residential • Commercial Asia Pacific Video Streaming Application Outlook (Revenue, USD Million, 2014 - 2025) • Real-time Entertainment • Web Browsing & Advertising • Gaming • Social Networking • E-learning • Others
Asia Pacific Video Streaming Country Outlook (Revenue, USD Million, 2014 - 2025) • China • Japan • India • South Korea • Australia • Singapore See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/media-and-entertainment Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184