Live Streaming Market is expected to grow at 27 % through 2024 to 2030, reaching nearly US$ 320.98 Bn, says Maximize Market Research

(IT-NEWSWIRE.COM, July 08, 2024 ) As per Maximize Market research, Live Streaming Market size was valued at US$ 60.23 Bn. in 2023 and the total revenue is expected to grow at 27 % through 2024 to 2030, reaching nearly US$ 320.98 Bn

North America leads the Live Streaming Market with 39% share in 2023. Cloud-based streaming services, 5G rollout, and updates to mobile apps are some of the main growth factors in this. Already established brands are using software for product and service promotion using platform.

The mode of information transmission is real-time video transmission without recoding or storing. The requirements to use this includes, internet-enabled device and a platform for live streaming.

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Live-streaming has shown positive influence on the market with. Cloud-based solutions to enhance video content, technological advancements to improve video quality, performance & security, and adoption all-across industries due to increased usage of digital media & live streaming solutions.

Live Streaming Market Segmentation

by Component

Platforms

Services

by End Use

Media and Entertainment

Education

Esports

Events

Others

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by Offering Model

Business-to-Business (B2B)

Business-to-Consumer (B2C)

by Streaming Type

Audio Streaming

Video Streaming

Game Streaming

Live Streaming Key Players:

Flux Broadcast

Vimeo

com Inc.

hr

Microsoft Corporation

Facebook Inc.

IBM Corporation

Empire Video Productions LLC

Google Inc.

TV

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Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

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Live Streaming Market is expected to grow at 27 % through 2024 to 2030, reaching nearly US$ 320.98 Bn, says Maximize Market Research