Media Streaming Market to Hit USD 108.73 Billion in 2025
From GlobeNewswire: 2025-05-11 02:00:00
The global media streaming market is projected to reach USD 193.84 Bn by 2032, growing at a CAGR of 8.6% from 2025. Advancements in technologies like blockchain and AI are enhancing media quality. North America is expected to dominate, while Asia Pacific is set to account for 2/5 of the market share in 2025.
Key factors driving market growth include the rising demand for on-demand and personalized content. Users prefer streaming services like Netflix due to convenience. Piracy and data congestion are limiting growth. Illegal streaming cost the Indian entertainment sector around ₹224 billion in 2023.
Availability of high-speed internet and smart devices is creating growth opportunities for media streaming services. Fast internet and smartphone adoption are making streaming more accessible. Companies are investing in original content, targeting emerging markets, and offering flexible subscription models to attract customers.
Recent developments include Roku Inc. acquiring Frndly TV, Warner Bros Discovery launching Max streaming service in Asia, and Sistema Brasileiro de Televisao selecting Brightcove. Competitors in the market include Tencent, IBM, Alphabet, Disney+, and Netflix. Emerging trends include the development of original content and live sports streaming.
Evolving consumer preferences towards mobile and on-demand content, technological advancements like 5G networks, and intensifying competition among streaming platforms are shaping the media streaming market. Increased competition encourages innovation and market expansion.
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