DecentralandGlobal Cloud Video Streaming Market Size to Reach USD 35.65 Billion in 2032 | Emergen Research
GlobeNewswire
•19 days ago
Rising demand for streaming technology is a key factor driving cloud video streaming market revenue growth Rising demand for streaming technology is a key factor driving cloud video streaming market revenue growth
Vancouver, Sept. 12, 2023 (GLOBE NEWSWIRE) -- The cloud video streaming market size is expected to reach USD 35.65 Billion in 2032, and register a steady revenue CAGR of 20.6% during the forecast p…
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According to Emergen Research, the global cloud video streaming market is projected to reach USD 35.65 billion by 2032, significantly surpassing the market size of USD 10.91 billion in 2020. This growth is attributed to the rising demand for video streaming services due to the growing popularity of streaming platforms such as Netflix, Amazon Prime, and Hulu, among others. Additionally, the increasing use of cloud computing technology in media and entertainment industries, and the rising demand for high-quality video streaming services are further expected to drive the cloud video streaming market growth. Moreover, the increasing availability of broadband internet connection and the growing adoption of smart devices are expected to add to the market growth in the coming years.
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Frequently asked questions
What is the current size of the global cloud video streaming market?
The current size of the global cloud video streaming market is estimated to be USD 14.59 billion.
What is the projected size of the global cloud video streaming market in 2032?
The projected size of the global cloud video streaming market in 2032 is estimated to be USD 35.65 billion.
What is the anticipated growth rate of the global cloud video streaming market between 2020 and 2032?
The anticipated growth rate of the global cloud video streaming market between 2020 and 2032 is estimated to be 12.2%.
What are the primary drivers of the global cloud video streaming market?
The primary drivers of the global cloud video streaming market include increasing demand for video streaming services, increasing penetration of internet-connected devices, and the growing demand for cost-effective cloud solutions.
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