The global market for Streaming Media Devices is estimated at US$14.0 Billion in 2023 and is projected to reach US$38.6 Billion by 2030, growing at a CAGR of 15.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
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.
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.
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 15.6%. The Smart TVs segment is also set to grow at 14.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.8 Billion in 2023, and China, forecasted to grow at an impressive 20.7% CAGR to reach $8.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Streaming Media Devices Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Streaming Media Devices Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Streaming Media Devices Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 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., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 37 Featured):
- 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
- 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 | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 14 Billion |
Forecasted Market Value ( USD | $ 38.6 Billion |
Compound Annual Growth Rate | 15.6% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |