Christy Publications Video Streaming Market | Page 2
access are expected to provide significant market growth prospects to the video streaming
market over the forecast period.
Growing enterprise mobility requirements are expected to propel the industry demand
growth
Enterprise users shared major space in the video streaming market in 2016, owing to significant
demands of visual content for corporate training, live webcasts, product information assist and
video conferences. Such activities form considerable requirements to enhance the business
productivity, team collaborations, maintaining information archives, and reducing travel
expenses for the company. These factors are expected to provide significant demands over the
forecast timeframe, and positively impact the global growth landscape through the forecast
period.
Developed economies are expected to offer significant market growth potential owing to
rapid development of internet connectivity enabled infrastructure
Developed economies that include U.S. Western Europe, Japan and few other emerging
economies, specifically China, are making significant efforts in the development of 5G
infrastructure. For instance, in June 2017, China Academy of Information and Communications
Technology, forecasted the combined expenditure of the three domestic network operators to
reach around 46 billion in 2023. According to our expert analysis it is anticipated that 5G
technology will get commercialized by 2022, specifically in developed economies. This will
provide additional boost to the existing video streaming market over the forecast period, for
both enterprise and recreational purposes.
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Industry presence is characterized by the presence of chief technology participants such as
Apple Inc., Microsoft Corporation, Google, Inc., Facebook, Inc., Yahoo, Inc., Netflix, and Limelight
Networks among few others. However, large number of participants are gaining significant
traction owing to low cost of ownership and tremendous growth potential in the video
streaming market. Other participants include Cisco Systems, Adobe Systems Incorporated,
Akamai Technologies, Amazon Web Services, Ustream, Inc. and Hulu. Already existing players
are expected to hold significant industry share through the forecast period, owing to the wide
acceptance and quality of customer satisfaction build across the globe.