Video Streaming growing at a CAGR of 21.5% from 2025 to 2030

The global video streaming market size was estimated at USD 129.26 billion in 2024 and is projected to reach USD 416.8 billion by 2030, growing at a CAGR of 21.5% from 2025 to 2030. As streaming markets expand, platforms are placing greater emphasis on addressing the varied preferences of regional audiences.

Key Market Trends & Insights

  • North America video streaming industry accounted for the largest revenue share globally in 2024, with a 31.3% share.
  • The video streaming industry in the U.S. is evolving rapidly, with niche platforms rising, mobile viewing dominating, and ad-supported models gaining traction.
  • By type, the live video streaming segment accounted for the largest revenue share in 2024.
  • By solution, the over-the-top segment held the largest revenue share in 2024.
  • By platform, smartphones and tablets have emerged as the dominant devices in the market.

Market Size & Forecast

  • 2024 Market Size: USD 129.26 Billion
  • 2030 Projected Market Size: USD 416.8 Billion
  • CAGR (2025-2030): 21.5%
  • North America: Largest market in 2024
  • Asia Pacific: Fastest growing market

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Customizing content to meet local cultural and language needs is becoming increasingly essential for success. Platforms are expanding their content libraries beyond traditional genres to attract a larger audience. A variety of content types, including live events, niche genres, and exclusive shows, helps meet the evolving interests of users. Streaming services are increasingly partnering with local businesses and global brands to enhance their reach and improve content types. These collaborations enable platforms to provide a mix of local and global content, expanding their audience base. For instance, in March 2024, Reliance Industries Limited, a diverse conglomerate in petrochemicals, telecom, retail, and energy in India, collaborated with The Walt Disney Company to merge their Indian TV and streaming assets, creating a powerful entity valued at $8.5 billion. This collaboration combines Disney+ Hotstar and JioCinema, bringing together an extensive content library, including 30,000 Disney assets, and exclusive sports content, strengthening its position in the highly competitive Indian streaming space.

There will be an increased focus on optimizing user experience through advancements in video quality, including HDR processing, low-latency audio/video, and artificial intelligence (AI) technologies. These innovations will drive streaming platforms to continually improve the viewing experience for consumers continually. Companies are also investing heavily in advanced technologies to create seamless, high-quality content experiences. As competition intensifies, platforms are looking for new ways to integrate these technologies and stay ahead of the market. For instance, in October 2024, Amlogic, a U.S.-based semiconductor company, strengthened its collaboration with Netflix to enhance the integration of Netflix services into global ecosystems. This collaboration focuses on cost-effective, faster-to-market set-top box solutions and improving user experiences through advancements in audio, video, and AI technologies.

Video Streaming Market Report Scope

Report Attribute

Details

Market Service Industry value in 2025

USD 157.11 billion

Revenue forecast in 2030

USD 416.8 billion

Growth rate

CAGR of 21.5% from 2025 to 2030

Base year for estimation

2024

Historical data

2018 – 2023

Forecast period

2025 – 2030

Quantitative units

Revenue in USD billion and CAGR from 2025 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segment scope

Type, solution, platform, service industry, revenue model, deployment, user, region

Region scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country scope

U.S.; Canada; Mexico; Germany; UK; France; China; Japan; India; Australia, South Korea, Brazil, KSA, UAE, South Africa

Key companies profiled

Akamai Technologies; Amazon Web Services, Inc.; Apple Inc.; Cisco Systems, Inc.; Google LLC; Kaltura, Inc.; Netflix, Inc.; International Business Machine Corporation (IBM Cloud Video); Wowza Media Systems, LLC; Hulu, LLC

Customization scope

Free report customization (equivalent up to 8 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

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