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The method of data transmission used when someone watches the video on the internet is streaming. When the streaming video is sent over the internet in real-time without being recorded and stored is called live streaming. It lets you watch, create and share videos in real-time. All you need to be able to live stream is an internet-enabled device, like a smartphone or tablet, and a platform to live stream from.
Live Streaming Market size was valued at US$ 28 Bn. in 2020 and the total revenue is expected to grow at 27 % through 2021 to 2027, reaching nearly US$ 156.73 Bn.
Live Streaming Market Overview:
The Live Streaming market research study investigates and analyses the market's position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.
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Live Streaming Market Scope:
We looked at the Live Streaming Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2027.
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Live Streaming Market Segmentation:
By Component, the platform has a 78% market share in 2020. The platform segment is being driven by growing client online data consumption and browsing habits. The trend of using artificial intelligence to transform people into celebrities is growing, and the market for live streaming is being driven by influencer marketing, which uses new applications to draw in new users.
Live Streaming Market Key Players:
• Flux Broadcast
• Vimeo
• Amazon.com Inc.
• Streaming.hr
• Microsoft Corporation
• Facebook Inc.
• IBM Corporation
• Empire Video Productions LLC
• Google Inc.
• EventStreaming.TV
• Periscope
• AfreecaTV Co. Ltd.
• Huya Inc.
• Twitch Interactive Inc.
• Instagram Inc.
• Dacast
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Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows:
Regional Analysis:
The study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide Live Streaming market. It also offers market size and forecast estimates for five major regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2021 to 2027. Each area's Live Streaming market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.
COVID-19 Impact Analysis on Live Streaming Market:
We thoroughly researched and analyzed the Live Streaming Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the Live Streaming industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19's influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.
Key Questions Answered in the Live Streaming Market Report are:
What are the most promising high-growth opportunities in the Live Streaming sector, as defined by product category, End User, and Region?
Which Live Streaming market segments will expand the fastest, and why?
Which areas will expand the fastest, and why?
What are the primary elements influencing Live Streaming market dynamics? What are the primary drivers and obstacles in the Live Streaming market?
What are the Live Streaming market's business risks and dangers?
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