Streaming Media Device Market – Overview
Streaming Media Device Market is expected to reach USD 468,970.8 Miliion by 2027 growing at a CAGR of 17.1% during the forecast period, 2021–2027. The Streaming Media Device Market report provides detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about Segments, SWOT Analysis, more about multimedia streaming device, Upcoming Trends, Cost structure, Drivers, Key players in the market, share, size, CAGR and Competitor Strategies. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Streaming Media Device market was mainly driven by the increasing R&D spending across the world.
A streaming media device is streaming hardware that connects the television or the home theater to the Internet via Wi-Fi or Ethernet and allows the user to stream content from online services. These are basic devices with only a few connections, such as video (HDMI and/or composite), audio (RCA and/or digital), and Ethernet networking jacks. Many streaming media players also feature built-in Wi-Fi for wireless network connections, and most include their dedicated remote control. Roku Player, Google Chromecast, Amazon Firestick, and Apple TV are some of the most popular streaming media devices.
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Streaming Media Device Market Key Players
Amazon.com, Inc.(US)
Apple Inc. (US)
Google LLC (US)
HUMAX (South Korea)
Philips Electronics (Netherlands)
Nvidia Corporation (US)
Sony Corporation (Japan)
Samsung Electronics (South Korea)
Azulle (US)
Roku Inc. (US)
Xiaomi Inc. (China)
WeTek (Portugal)
TiVo (US)
SkyStream Technologies (US)
Matricom (US)
ASUSTeK Computer Inc. (Taiwan)
Streaming Media Device Market Segmentation
Global Streaming Media Device Market has been segmented on the basis of Device Type, Resolution, Application, End-Use, and Region.
By Device Type
Gaming consoles
Media streamers
Streaming boxes
Streaming sticks
By Resolution
720p
1080p
4K
By Application
Gaming
Audio/video entertainment
E-learning
Others
By End-Use
Commercial
Residential
Regional Analysis
The geographic analysis of the global streaming media device market has been conducted for North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of the Middle East & Africa), and South America (Brazil, Argentina, Colombia, and rest of South America).
North America is currently dominating the global streaming media device market. Amongst, the countries in the region, the US is expected to have the largest market share in the streaming media device market in the region, followed by Canada and Mexico. The region holds the presence of the majority of key players who are focused on developing media streaming devices with advanced capabilities making the market highly competitive. Also, the region has witnessed an increase in demand for marketing campaigns to promote its brand thereby increasing demand for media streaming services over the years driving the market growth in the region.
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Europe is following North America and accounts for a considerable share in the global streaming media device market. The region has witnessed an increasing adoption of cloud-based streaming services and increased internet penetration which drives the market growth in the region. Furthermore, the region has well-established network infrastructure, and the consumers across the region have been increasingly adopting the streaming services at their residence for entertainment purposes which further drives the market growth.
Asia-Pacific is projected to register the highest CAGR in the global streaming media device market. The region has witnessed a rise in Internet penetration and adoption of cloud services among the developing nations. Furthermore, an increase in consumer disposable income and the growing demand for audio/video streaming services among the youth users in the country is further expected to drive the market growth in the region.
The Middle East & Africa and South America region are expected to grow at a considerable pace in the streaming media device market. The rise in digital media consumption across the region, an increase in demand for OTT services, the rising adoption of Internet-based services is driving the market growth in the region.
This report provides:
An in-depth overview of the global market for Streaming Media Device.
Discoveries of new market prospects and targeted marketing methodologies for Global Streaming Media Device
Discussion of R&D, and the demand for new products launches and applications.
Wide-ranging company profiles of leading participants in the industry.
The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
The growth in patient epidemiology and market revenue for the market globally and across the key players and market segments.
Study the market in terms of generic and premium product revenue.
Determine commercial opportunities in the market sales scenario by analysing trends in authorizing and co-development deals.
Table Of Contents
1. EXECUTIVE SUMMARY
1.1. Market Attractiveness Analysis
1.1.1. Global Streaming Media Device Market, By Device Type
1.1.2. Global Streaming Media Device Market, By Resolution
1.1.3. Global Streaming Media Device Market, By Application
1.1.4. Global Streaming Media Device Market, By End-Use
1.1.5. Global Streaming Media Device Market, By Region
2. MARKET INTRODUCTION
2.1. Definition
2.2. Scope Of The Study
2.3. Market Structure
3. RESEARCH METHODOLOGY
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
4. MARKET DYNAMICS
4.1. Introduction
4.2. Drivers
4.2.1. Rise In Demand For Digital Video And Audio Streaming Content Services
4.2.2. Rising Internet Penetration
4.3. Restraint
4.3.1. Stringent Regulations Related To Piracy And Illegal Streaming
4.4. Opportunities
4.4.1. Growing Demand For Cloud-Based Services And Solutions
4.5. Challenges
4.5.1. Increasing Penetration Of Smart TVs
5. MARKET FACTOR ANALYSIS
5.1. Value Chain Analysis/Supply Chain Analysis
5.2. Porter’s Five Forces
Continued...
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