Video streaming and broadcasting equipment market size to grow by USD 137.94 billion by 2025

The video streaming and broadcasting equipment market size is set to grow by USD 137.94 billion from 2021 to 2026, progressing at a CAGR of 12.53% according to the latest market forecast report by Technavio. The video streaming and broadcasting equipment market is fragmented and the vendors are deploying growth strategies such as based on the type and quality of video streaming and broadcasting equipment and its pricing to compete in the market. Akamai Technologies Inc., ALE International, Apple Inc., Belden Inc., Cisco Systems Inc., Clyde Broadcast, CommScope Holding Co. Inc., ELETEC Broadcast Sarl, Evertz Technologies Ltd., EVS Broadcast Equipment SA, Harmonic Inc., International Business Machines Corp., Kaltura Inc., Roku Inc., SeaChange International Inc., Telefonaktiebolaget LM Ericsson, Wellav Technologies Ltd., Wilhelm Sihn jr. GmbH and Co. KG, Wowza Media Systems LLC, and ZTE Corp. are some of the major market participants.

• Apple.com – The company offers video streaming and broadcasting equipment such as HTTP Live Streaming, and HEVC Video with Alpha.
• Cisco.com – The company offers video streaming and broadcasting equipment such as Cisco TelePresence Content Server, Rev, and Enterprise Content Delivery System with Distributed Media Engine.
• Commscope.com – The company offers video streaming and broadcasting equipment such as antennas, broadband and video devices, cabinets, panels, enclosures and power, cables, and connectors.
• Harmonic Inc -The company offers video streaming and broadcasting equipment such as Cloud Native Software, Live Streaming Platform, CableOS Platform, and Network Edge Devices.
• Roku Inc. -The company offers video streaming and broadcasting equipment such as Roku Express, Roku Express 4K plus, Roku Streaming Stick 4K, Roku Ultra, and Roku Streambar.

Revenue generating segment:

• The video streaming and broadcasting equipment market share growth by the private segment will be significant for revenue generation.
• With the advent of high-end smartphones and the easy availability of the Internet, users are opting for online streaming services. This increase in the number of smartphones is making it easier for users to access video content on the go.
• Furthermore, with increasing mobile Internet subscriptions, many online streaming service providers are exploring mobile platforms to provide online video streaming services. Therefore, the rising number of private video streaming is expected to fuel the growth of the video streaming and broadcasting equipment market in focus during the forecast period.

Regional highlight:

• 34% of the market’s growth will originate from North America during the forecast period.
• The US and Canada are the key markets for the video streaming and broadcasting equipment market in North America. Market growth in this region will be faster than the growth of the market in Europe.
• The increasing number of cable and satellite TV channels will facilitate the video streaming and broadcasting equipment market growth in North America over the forecast period.

Video streaming and broadcasting equipment market 2022-2026: Key highlights

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist video streaming and broadcasting equipment market growth during the next five years
• Estimation of the video streaming and broadcasting equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the video streaming and broadcasting equipment market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of video streaming and broadcasting equipment market vendors

PR Newswire