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The global video streaming market size will reach $699.91 billion in 2024 and is expected to grow at a CAGR of 21.00% until 2028

The growing popularity of digital platforms and the increasing adoption of smart portable devices is expected to positively impact industry growth during the forecast period. Features such as video recommendations, auto customization of favourite content, and hassle-free accessibility on Apps and browsers are expected to gain more attention from end-users.

$699.91 B

Global video streaming market size

+21.90%

Compound annual growth until 2028

$1.55 T

Forecasted global video streaming market size within the next six years

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The video streaming space is extremely distributed and leaves room to companies with a unique value proposition to conquer growing shares The video streaming industry is extremely distributed but lacks strong incumbents with a value proposition beyond vertical focus on specific content and accessibility, leaving room for competitors capable to deliver exclusive access to Nigerian movies, music videos, TV shows and more that cannot be found elsewhere to become a go-to solution for everyone.