The global demand for Streaming Devices Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX Thousand Units in 2019 and foreseen to touch XX Thousand Units by 2026 with a CAGR of XX% during 2020-2026.
Streaming devices are small gadgets that can help connect a television or home theater to the Internet and stream video and audio from online streaming services. Power and a Wi-Fi connection are necessities to fetch online content from various streaming services. These devices allow viewing a massive catalog of quality video content like TV shows and movies on the big-screen TV. One can pause or watch an entire series in one go rather than watch an episode every week. Several variations of the device are available, and the one chosen depends on the TV used, streaming services accessed the ecosystem (Android /Apple), and the intended resolution. These devices can be controlled using a remote, tablet, or smartphone using interface apps downloaded on the device.
High internet penetration and the increasing preference for video streaming platforms will be the primary driving factors for this market's growth. The development of high-speed communication infrastructure, technological innovations in AI and NLP will further propel market growth. The decline in the use of cable and satellite pay-tv due to their low network quality and high cost will escalate the development of this market. These devices' popularity will continue to grow among the youth population since they enable watching favorite shows whenever interested amidst the busy and unpredictable lifestyles. The growing demand for high-quality systems at a lower cost among consumers and commercial verticals will benefit market growth. The restraints hurting the market are increased penetration of smart TVs and stringent regulations pertaining to piracy and illegal streaming.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of streaming devices.
The entire streaming devices market has been sub-categorized into price and resolution type. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Resolution Type
- USD 30 – 100
- USD 101 – 250
This section covers regional segmentation which accentuates on current and future demand for streaming devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Streaming Devices Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the streaming devices market include Amazon.com, Inc., Apple Inc., Azulle, Google LLC, HUMAX, Intel Corporation, Leelbox, Logitech International S.A., Matricom, MyGica, NBOX Player, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.