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Streaming Devices Market to Grow USD 62.1 billion by 2032 at a CAGR of 9.1%| Amazon.com, Inc., AT&T Inc., Charter Communications Inc., Comcast, Google LLC, Huawei Technologies Co., Ltd.

02-20-2023 08:10 AM CET | Leisure, Entertainment, Miscellaneous

Press release from: Extrapolate

Streaming Devices Market to Grow USD 62.1 billion by 2032 at a CAGR

The global Streaming Devices Market was valued at around USD 25.9 billion in 2022 and is expected to grow to USD 62.1 billion by 2032 with a projected compound annual growth rate of 9.1% from 2023 to 2032.

Streaming devices are small electronic devices that allow you to stream audio and video content over the internet and display it on your TV or other compatible devices. These devices typically connect to your TV through an HDMI port and use your home's Wi-Fi network to access streaming services.

๐†๐ž๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/semiconductor-electronics/streaming-devices-market/87421

๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐๐ž๐ง๐ž๐ญ๐ซ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐’๐ฆ๐š๐ซ๐ญ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐ญ๐จ ๐€๐ฎ๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global streaming devices market is expected to grow at a significant pace in the coming years due to the increasing penetration of smart devices and the growing trend of on-demand video streaming services. The emergence of new technologies such as 5G and the increasing adoption of cloud-based services are also expected to drive the growth of the market.

The increasing popularity of on-demand video streaming services such as Netflix, Hulu, and Amazon Prime Video has also boosted the growth of the market. The availability of high-speed internet connectivity and the rising number of mobile devices are further driving the adoption of these services.

๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/semiconductor-electronics/streaming-devices-market/87421

The growing penetration of smart devices and the increasing adoption of on-demand video streaming services are expected to drive the growth of the streaming devices market in the coming years. With the introduction of new technologies and the emergence of new players in the market, the competition is expected to intensify, leading to further innovation and product development.

๐’๐ฆ๐š๐ซ๐ญ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Ž๐ง ๐€ ๐๐จ๐จ๐ฆ ๐–๐ข๐ญ๐ก ๐‘๐š๐ฉ๐ข๐ ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง & ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ

The adoption of streaming devices has been on the rise in recent years, with more and more people opting for on-demand video streaming services over traditional cable TV. This trend has been further accelerated by the COVID-19 pandemic, as people spend more time at home and seek out entertainment options.

One of the key advantages of streaming devices is their portability and ease of use. These devices are typically small and can be easily connected to a TV or monitor, allowing users to stream content from a variety of sources. With the rapid advancement of digital technology, these devices have become increasingly powerful, offering high-quality video and audio streaming capabilities.

๐‹๐ˆ๐’๐“ ๐Ž๐… ๐Š๐„๐˜ ๐‚๐Ž๐Œ๐๐€๐๐ˆ๐„๐’ ๐๐‘๐Ž๐…๐ˆ๐‹๐„๐ƒ:
-Amazon.com, Inc.
-AT&T Inc.
-Charter Communications Inc.
-Comcast
-Google LLC
-Huawei Technologies Co., Ltd.
-Microsoft
-Plex
-Roku, Inc.
-Vevo LLC

๐Š๐„๐˜ ๐ˆ๐๐ƒ๐”๐’๐“๐‘๐˜ ๐ƒ๐„๐•๐„๐‹๐Ž๐๐Œ๐„๐๐“๐’:

-In November 2022: Vevo collaborated with Plex to launch a series of streaming channels with 24/7 linear high-quality music videos. The partnerships aim to help in making music videos available on all the platforms people choose to consume popular content around the world and driving momentum to provide curated content for an easier home experience.

-In May 2022: Microsoft aims to launch an Xbox streaming device within the next 12 months, which would reportedly allow users to access movies, TV services, and a library of games through Xbox Game Pass Ultimate. In terms of functionality, the device allows users to access movies and TV services through Xbox Game Pass Ultimate - like we do with the Amazon Fire TV Stick - as well as their game collection.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐–๐ข๐ญ๐ก ๐“๐Ž๐‚@ https://www.extrapolate.com/semiconductor-electronics/streaming-devices-market/87421

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐๐ฒ

๐ƒ๐ž๐ฏ๐ข๐œ๐ž ๐“๐ฒ๐ฉ๐ž:
-Game Consoles
-Media Streamers

๐‘๐ž๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง:
-4K
-720p & 1080p
-8K

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:
-E-Learning
-Web-Browsing
-Gaming
-Real-Time Entertainment
-Social Networking

๐“๐ก๐ž ๐ž๐ฆ๐ž๐ซ๐ ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐Ÿ’๐† ๐š๐ง๐ ๐Ÿ“๐† ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐จ ๐‡๐ข๐ ๐ก-๐’๐ฉ๐ž๐ž๐ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐ž๐ญ ๐ข๐ฌ ๐ƒ๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

The emergence of 4G and 5G technologies has had a significant impact on the growth of the streaming devices market. With faster internet speeds and more reliable connectivity, streaming devices have become a more viable and convenient option for consumers seeking to access digital content. This trend has been further reinforced by the increasing availability of high-speed internet access in homes and public places.

The adoption of 4G and 5G technologies has also enabled streaming devices to offer more advanced features and capabilities. For instance, 5G networks can support higher-quality video and audio streaming, as well as faster download and upload speeds. This has created new opportunities for streaming devices to provide more immersive and engaging experiences to users.

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐ƒ๐จ๐ฆ๐ข๐ง๐š๐ญ๐ข๐ง๐  ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฐ๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐–๐ข๐๐ž ๐€๐ฏ๐š๐ข๐ฅ๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐จ๐Ÿ ๐๐ซ๐จ๐š๐๐›๐š๐ง๐ ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ฒ

North America is poised to hold a dominant market share due to the surge in live video streaming and substantial investments in the gaming and entertainment industries. The widespread adoption of video streaming on smartphones and the improvement of internet speeds and broadband connections in the region are contributing to the growth of the market.

According to the latest data, streaming services are becoming increasingly popular in both the United States and Canada. In the U.S., users have an average of four streaming service subscriptions and 85% of households now have access to a video streaming service. In Canada, Netflix is the most popular streaming service, offering unlimited streaming of TV shows, movies, and more for one monthly subscription fee.

Asia Pacific's streaming device market is growing at the fastest CAGR due to the increasing awareness about OTT media and the growing popularity of online gaming in the industry. The region is experiencing dynamic changes in the adoption of analytics solutions and services across multiple industries. The region's incumbent telecommunication and multi-channel operators have actively sought business innovation and advancement through the latest marketing technologies, such as video streaming.

๐“๐€๐๐‹๐„ ๐Ž๐… ๐‚๐Ž๐๐“๐„๐๐“๐’:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact on Global Streaming Devices Market
Chapter 5. Global Streaming Devices Market Overview, By Device Type, 2018 - 2032 (USD Million)
Chapter 6. Global Streaming Devices Market Overview, By Resolution, 2018 - 2032 (USD Million)
Chapter 7. Global Streaming Devices Market Overview, By Application, 2018 - 2032 (USD Million)
Chapter 8. Global Streaming Devices Market Overview, By End-user, 2018 - 2032 (USD Million)
Chapter 9. Global Streaming Devices Market Overview, By Geography, 2018 - 2032 (USD Million)
Chapter 10. North America Streaming Devices Market Overview, By Countries, 2018 - 2032 (USD Million)
...Continued

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:
Extrapolate
Phone: (+1) 888 328 2189
E-mail: talk@extrapolate.com
Website: https://www.extrapolate.com
Blog: https://www.extrapolate.com/blog

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
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In a connected world, merely being informed is not enough, the speed of information dissemination is a crucial determinant of success. Our team of dedicated subject matter experts and research specialists deep dive into the most complex markets and produce insights that will help shape the way your business moves forward. Our research process harnesses the latest in technology and the best SMEs to build relevant reports that can future-proof your business.

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