The global stream hosting market is expected to expand at a 14.8% CAGR, with the market valuation reaching USD 4 Billion in 2022. As per the report, the global stream hosting market size will reach USD 16 Billion by 2032.
The incorporation of advanced technologies in the digital media industry is anticipated to drive sales in the market. Additionally, the growing need to increase the consumer base and optimize network bandwidth for live & on-demand streaming content will augment growth.
Online video continues to grow in popularity at the expense of traditional broadcast viewing. Viewers spend an average of six hours per week watching multiple types of internet videos, up 59 percent from 2016. Television viewing fell by 10% to roughly seven hours during the same period the previous year.
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Individuals also appreciate internet streaming services for their ease, variety, flexibility, and cost-effectiveness. Unlike traditional TV viewers, video-on-demand users are not limited in their content choices by geography.
Viewers have switched from traditional televisions to on-demand video streaming services due to the ability to watch videos on the go via mobile apps and high-speed network connectivity. These factors are projected to boost the growth in the stream hosting market in the forthcoming years.
Besides this, a surging preference for cloud video hosting will create opportunities for growth in the market. Cloud video hosting reduces the need for infrastructure as compared to traditional video hosting.
Organizations are looking for a more secure, reliable & scalable cloud video hosting platform as a result of the rapid growth of video hosting & streaming platforms. Cloud services are cost-effective, hence sales of cloud video services are expected to gain traction.
Key Takeaways from the Stream Hosting Market Report:
- By content type, sales in the video stream segment are expected to grow at a 16.2% CAGR over the forecast period.
- Based on the platform, the smartphones/ tablets segment is projected to hold a dominant share of the market by 2032.
- In terms of industry, the media & entertainment segment will remain the most lucrative.
- The U.S. is expected to account for nearly 82% of the North American market share in 2022.
- Sales in the U.K. stream hosting market will grow by 4.7x over the assessment period.
- Mexico will emerge as an attractive market, with sales growing at an 18.7% CAGR through 2032.
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Leading Key Players:
- Dacast Inc.
- Brightcove, Inc.
- Wistia
- JW Player
- Kaltura, Inc.
- Vimeo, Inc.
- DigitalOcean, LLC
- IBM Watson Media
- Vidyard
- Facebook (Meta Inc.)
- Youtube (Google)
- SproutVideo
- Cincopa
- Muvi LLC
- Twitch (Amazon)
- Hippo Video
- StreamShark
- Wowza Media Systems, LLC
- Primcast
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Stream Hosting Market Segmentation:
By Content Type:
- Video Stream
- Audio Stream
- Gaming Stream
By Streaming Type:
- Live Streaming
- On-demand Streaming
By Platform:
- Smartphones/Tablet
- Smart TV
- Gaming Consoles
- Laptops/PCs
By Industry:
- Media & Entertainment
- Gaming & Sports
- Education
- Government
- Retail/eCommerce
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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