The global market for Streaming Media Devices was valued at US$16.3 Billion in 2024 and is projected to reach US$38.6 Billion by 2030, growing at a CAGR of 15.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The market for streaming media devices has grown significantly due to changes in how audiences consume entertainment. Traditional broadcast and cable television have seen a decline, with more viewers preferring on-demand and streaming services that offer a wider variety of content at potentially lower costs. The convenience of accessing a broad array of content - ranging from movies and TV shows to specialized content like tutorials, sports, and live events - through a single device has driven consumer adoption. Additionally, these devices support high-definition video and surround sound, enhancing the user experience. Manufacturers continue to innovate by integrating advanced features such as voice recognition, smart home capabilities, and improved user interfaces, making these devices an integral part of the digital home ecosystem.
The growth in the streaming media devices market is driven by several factors, including the rapid expansion of online streaming content, advancements in network infrastructure, and shifts in consumer viewing habits. Technological advancements play a crucial role, particularly improvements in wireless networking technologies and the widespread rollout of high-speed internet, which enhance streaming quality and reduce buffering times, making streaming media devices more appealing. Additionally, the increasing availability of 4K and HDR content encourages consumers to purchase newer devices capable of handling such formats. Consumer behavior has also shifted dramatically, with a growing preference for streaming services over traditional TV subscriptions, driven by the desire for more control over what, when, and how they watch. The integration of these devices with other smart home technologies, such as voice-activated speakers and home automation systems, also enhances their utility, making them a central feature in the increasingly connected home. This convergence of technology and consumer preference is likely to continue propelling the growth of the streaming media devices market.
Global Streaming Media Devices Market - Key Trends and Drivers Summarized
Streaming media devices, such as set-top boxes and dongles, facilitate the consumption of audio and video content over the internet, directly on users' televisions and other non-PC screens. These devices convert digital content from streaming services like Netflix, Hulu, and Amazon Prime Video into a format that can be easily displayed on a television. The most popular devices in this category include Roku, Amazon Fire TV, Apple TV, and Google Chromecast. Each device offers a unique ecosystem of apps and features, catering to a variety of preferences and media consumption habits. The fundamental appeal of these devices lies in their ability to bring internet-based entertainment to the traditional TV set, combining the richness and flexibility of online content with the comfort and larger display size of home theaters.The market for streaming media devices has grown significantly due to changes in how audiences consume entertainment. Traditional broadcast and cable television have seen a decline, with more viewers preferring on-demand and streaming services that offer a wider variety of content at potentially lower costs. The convenience of accessing a broad array of content - ranging from movies and TV shows to specialized content like tutorials, sports, and live events - through a single device has driven consumer adoption. Additionally, these devices support high-definition video and surround sound, enhancing the user experience. Manufacturers continue to innovate by integrating advanced features such as voice recognition, smart home capabilities, and improved user interfaces, making these devices an integral part of the digital home ecosystem.
The growth in the streaming media devices market is driven by several factors, including the rapid expansion of online streaming content, advancements in network infrastructure, and shifts in consumer viewing habits. Technological advancements play a crucial role, particularly improvements in wireless networking technologies and the widespread rollout of high-speed internet, which enhance streaming quality and reduce buffering times, making streaming media devices more appealing. Additionally, the increasing availability of 4K and HDR content encourages consumers to purchase newer devices capable of handling such formats. Consumer behavior has also shifted dramatically, with a growing preference for streaming services over traditional TV subscriptions, driven by the desire for more control over what, when, and how they watch. The integration of these devices with other smart home technologies, such as voice-activated speakers and home automation systems, also enhances their utility, making them a central feature in the increasingly connected home. This convergence of technology and consumer preference is likely to continue propelling the growth of the streaming media devices market.
Report Scope
The report analyzes the Streaming Media Devices market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Device Type (Game Consoles, Smart TVs, Media Streamers); Application (E-Learning Application, Web Browsing Application, Gaming Application, Real-Time Entertainment Application, Social Networking Application); End-Use (Residential End-Use, Commercial End-Use).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Game Consoles segment, which is expected to reach US$15.2 Billion by 2030 with a CAGR of a 15.4%. The Smart TVs segment is also set to grow at 14.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $4.4 Billion in 2024, and China, forecasted to grow at an impressive 20.6% CAGR to reach $8.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amazon.com, Inc., Apple, Inc., ASUSTeK Computer Inc., D-Link Corp, Google, LLC and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Streaming Media Devices Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Streaming Media Devices Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Streaming Media Devices Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 37 major companies featured in this Streaming Media Devices market report include:
- Amazon.com, Inc.
- Apple, Inc.
- ASUSTeK Computer Inc.
- D-Link Corp
- Google, LLC
- Himedia Technology Ltd
- Humax Electronics Co. Ltd
- LG Electronics
- Microsoft Corp.
- NETGEAR Inc.
- NVIDIA Corporation
- Roku, Inc.
- Samsung Electronics America, Inc
- Sony Electronics Inc.
- TiVo Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Amazon.com, Inc.
- Apple, Inc.
- ASUSTeK Computer Inc.
- D-Link Corp
- Google, LLC
- Himedia Technology Ltd
- Humax Electronics Co. Ltd
- LG Electronics
- Microsoft Corp.
- NETGEAR Inc.
- NVIDIA Corporation
- Roku, Inc.
- Samsung Electronics America, Inc
- Sony Electronics Inc.
- TiVo Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 373 |
| Published | March 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 16.3 Billion |
| Forecasted Market Value ( USD | $ 38.6 Billion |
| Compound Annual Growth Rate | 15.5% |
| Regions Covered | Global |
