The market for streaming media devices was valued at USD 27.69 billion in 2018 and is anticipated to grow to USD 89.48 billion by 2026, at a CAGR of 15.9%. The North American market was worth $12.74 billion in 2018.
The market for streaming media devices is anticipated to grow significantly over the next few years as a result of the shifting on-demand content ecosystem. These gadgets make it possible to stream online media without having to download it to the device first. It offers enhanced and improved video quality, which is becoming more popular with users. Along with streaming, these gadgets offer the same interface assistance for managing and accessing media libraries. Additionally, the market is expanding due to the audience's growing interest in online media services and the use of streaming media devices by businesses as marketing tools. In addition, the market will expand as a result of factors like rising internet usage, the convergence of new technologies, and the rise in mobile users.
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DEMANDING INDUSTRY PLAYERS
Roku, Inc. is concentrating on creating new streaming products and offering support and ancillary services to its customers. The company's primary area of focus is working with TV brands through its Roku TV licensing program. It also has licensing agreements with service providers.
The companies that follow are a few of the major businesses profiled:
- Apple, Inc.
- Roku, Inc.
- Google LLC
- ASUSTeK Computer, Inc.
- D-Link Corporation
- HiMedia Technology Limited
- Koninklijke Philips N.V.
- LG Electronics
- Western Digital
- Sony Corporation
- NETGEAR
- Microsoft
- Amazon, Inc.
- Bharti Airtel
The "Streaming Media Devices Market Report 2030" from Fortune Business Insights is an in-depth overview of the market that covers over 60 geographies and provides high-level market segmentation for each one. The market in each geography is examined, along with market size by region and country, in the section on regional and national breakdowns. Additionally, it assesses the market's past and anticipated growth and highlights important trends and corporate expansion tactics.
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SCOPE AND SEGMENTATION ASSOCIATED WITH THE REPORT
By Type:
- Gaming Consoles
- Media Steamers
- Streaming Box
- Streaming Sticks
By Application:
- Audio
- Video
- Others
Depending on where you are:
- (The United States and Canada)
- Europe (the United Kingdom, Germany, France, Italy, and the rest of the continent)
- Asia-Pacific (including Southeast Asia, China, India, Japan, and the rest of the region)
- Latin America (including Brazil, Mexico, and the remainder of the region)
- South Africa, the Gulf Cooperation Council, and the rest of the Middle East and Africa
The study examines a number of crucial elements in order to comprehend the market, such as the most recent market dynamics, growth potential, and development trends, as well as market challenges, development threats, and risk factors. The information is easy to understand thanks to this comprehensive market overview. In addition to offering both short- and long-term market forecasts, the study also provides an analytical stance on the pertinent global market sector.
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What insights does the Streaming Media Devices Market report provide to readers?
- Streaming Media Devices Market Fragmentation on the Basis of Product Type, End User, and Region
- Comprehensive assessment of upstream starting materials, downstream demand, and the present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each Streaming Media Devices Market player
- The various rules governments have placed on using the Streaming Media Devices Market are described in detail.
The inspirations for investing in this report
- The research provides a detailed market overview by defining, describing, and classifying it.
- The study includes the SWOT analysis and business plans of each vendor in the industry.
- The report provides in-depth analyses of current market trends, trend forecasts, and growth drivers.
- The study thoroughly analyzes the business's competitive landscape and significant market strategies.
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