New research report on the Global Live Streaming Market, found on the Qualiket Research website revealed a great deal about market dynamics. These dynamics influence the market growth from a very miniscule level to its holistic standard & can traverse limitations to assist the market achieve an impressive growth rate during the forecast period of 2021-2027.
Live Streaming is known as online streaming media is sent over internet t in real time without first being recorded and stored. Live streaming is a method of data transmission used when people watches video on the internet. It is a way to provide video file a little bit at a time, often from remote storage location. Live streaming is divided into various platforms such as Laptops & Desktops, Smartphones & Tablets, Smart TV, and Gaming Consoles.
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Increase in demand for live streaming platforms to get recent updates on the Status of COVID 19 as well as for entertainment, and play games is the key driving factor which is expected to boost the global live streaming market growth. Furthermore, rise in demand for digital content from different live streaming platforms such as TWITCH, You Tube Live, Facebook Live will positively contributive the market growth during this forecast period. For instance, in March 2020, Twitch had announced that the viewership of Twitch increased by 31%. Moreover, some factors such as ad- free content, analytics tracking, abundant content use mobile viewing, immense audience potential, and high quality streams are expected to propel the live streaming market growth.
However, high cost for content creation is the major challenging factor which expected to hinder the global live streaming market growth. Also, network connectivity and technical difficulties involved in live streaming will hamper the market growth during this forecast period.
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Global Live Streaming Market is segmented into platform type such as Laptops & Desktops, Smartphones & Tablets, Smart TV, and Gaming Consoles, by Service such as Professional Service, and Managed Service, by deployment type such as Cloud, and On-premise. Further, market is segmented into application such as Media & Entertainment, BFSI, Telecommunication, Education, Healthcare, and Others.
Also, Global Live Streaming Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Amazon Instant Video, Hulu, Netflix, CBS All Access, Sling Orange, Vevo, YouTube TV, Acorn TV, DirectTV, IQIYI, , and Youku
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