Video Streaming Market 2024 | Present Scenario and Growth Prospects 2032 MRFR
Market Overview The Video Streaming Market has experienced a remarkable surge in recent years, transforming the way content is consumed worldwide. Video streaming refers to the delivery of video content over the internet to users' devices in real-time without the need for downloads. The availability of high-speed internet , the proliferation of smart devices , and the growing demand for on-demand content have contributed significantly to this industry's growth. Video Streaming Market is projected to grow from USD 348.82 Billion in 2024 to USD 1117.79 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.67% during the forecast period (2024 - 2032). The rise of over-the-top (OTT) platforms, live streaming services, and the integration of artificial intelligence (AI) to personalize content recommendations have been pivotal in driving the market. Major players such as Netflix, Amazon Prime Video, Disney+, and YouTube dominate this space, while newe