Video Streaming Market Size is Projected To Exhibit Growth Rate 18.66% CAGR During 2024-2032

Written by Business News  »  Updated on: November 20th, 2024

Video Streaming Market Size, Growth, Value & Segmentation Report 2025-2033

  • The global video streaming market size reached USD 104.8 Billion in 2024.
  • The market is expected to reach USD 411.7 Billion by 2033, exhibiting a growth rate (CAGR) of 18.66% during 2025-2033.
  • North America leads the market, accounting for the largest video streaming market share.
  • Solution accounts for the majority of the market share in the component segment because they are necessary to provide end users with smooth, excellent streaming experiences.
  • Live/linear video streaming holds the largest share in the video streaming industry.
  • Subscription remains a dominant segment in the market because it offers ad-free, limitless access to a variety of content and steady revenue streams.
  • Personal represents the leading end-user segment.
  • The shift from traditional cable television to cord-cutting, as consumers increasingly prefer the flexibility and cost-effectiveness of on-demand streaming services.
  • Besides this, ongoing advancements in artificial intelligence (AI) and machine learning (ML) enable personalized content recommendations and enhance viewer engagement through tailored user experiences.


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Industry Trends and Drivers:

Proliferation of High-Speed Internet:

The proliferation of high-speed internet is a critical driver in the video streaming market. As broadband connectivity and (5G) networks expand globally, access to uninterrupted, high-quality video streaming has become more reliable and widespread. The improvement in internet infrastructure enables seamless transmission of high-definition (HD) and ultra-high-definition (UHD) content, reducing buffering issues and improving user experience.

This accessibility fosters increased demand for video streaming services, especially in emerging markets where internet penetration has recently surged. With the rollout of fifth generation (5G), there are even greater possibilities for augmented and virtual reality streaming, which could further enhance user engagement. The fast, stable connections allow for more immersive experiences, bolstering the market growth.

Increasing Content Variety:

Streaming platforms have evolved from simply offering movies and TV shows to providing a wide range of diverse content, including original series, live sports events, and user-generated content. Platforms like Netflix, Disney+, and Amazon Prime Video invest heavily in original productions, creating a competitive advantage through exclusive and varied content offerings.

Moreover, localized content is growing in importance as streaming providers target regional audiences with language-specific programming, catering to local tastes and preferences. This variety not only attracts different demographic groups but also encourages customers to subscribe to multiple platforms. Besides this, the growing popularity of niche content such as documentaries, educational programming, and anime is contributing to the market expansion.

Rise of Mobile Video Consumption:

The increasing use of smartphones and tablets, coupled with affordable data plans, has made it easier for users to access video content on the go. The portability of mobile devices allows consumers to stream content anywhere and anytime, contributing to a shift in viewing habits. Many streaming platforms have recognized this trend and optimized their interfaces and applications for mobile devices, enhancing the user experience with features like offline downloads, mobile-first video formats, and personalized recommendations.

Mobile video consumption is particularly popular among younger demographics, who often prioritize convenience and accessibility in their media consumption. Additionally, mobile platforms are increasingly integrating live streaming and short-form video content, capitalizing on the trend of bite-sized, on-demand entertainment, thus supporting the market growth.

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Video Streaming Market Report Segmentation:

By Component:

  • Solution 
  • Services 

Solution accounts for the majority of shares as they are essential for delivering seamless, high-quality streaming experiences to end-users.

Breakup By Streaming Type:

  • Live/Linear Video Streaming
  • Non-Linear Video Streaming

Live/linear video streaming dominates the market because they are popular for real-time events like sports and news, where immediacy and real-time interaction drive high user engagement.

Breakup By Revenue Model:

  • Subscription
  • Transactional
  • Advertisement
  • Hybrid 

Subscription holds the majority of shares as they provide consistent revenue streams and are favored by consumers for offering ad-free, unlimited access to a wide range of content.


Breakup By End User:

  • Personal
  • Commercial

Personal represents the majority of shares due to increased consumption of entertainment and media content on personal devices like smartphones and tablets.

Breakup By Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

North America holds the leading position due to high internet penetration, advanced technology infrastructure, and a strong presence of key streaming platforms.

Top Video Streaming Market Leaders: The video streaming market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

  • Akamai Technologies Inc.
  • Amazon Inc.
  • Brightcove Inc.
  • Comcast Corporation
  • Google LLC (Alphabet Inc)
  • Hulu LLC (The Walt Disney Company)
  • Iflix (Tencent Holdings Ltd.)
  • International Business Machines Corporation
  • Kaltura Inc.
  • Microsoft Corporation
  • Netflix Inc.


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