Streaming Devices Market: Key Trends and Opportunities By 2024
Category: #technology  By Ronak Bora  Date: 2021-08-03
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Streaming Devices Market: Key Trends and Opportunities By 2024

The research report on streaming devices market, in substance, presents an exclusive understanding of the vast expanse of the business space in question. The report comprises a gist of the industry by means of providing an executive summary, industry insights, industry ecosystem analysis, market segmentation, and global trends. Furthermore, the study also provides deliverables pertaining to the regulatory and competitive landscapes and the strategic perspectives of various industry contenders with respect to the market.

In the recent times, streaming devices market share has witnessed an exceptional pace of progression courtesy-- the growing worldwide trend of relying on the internet for entertainment purposes. Mobile devices, smartphones, in particular, have rapidly emerged as the most preferred medium to access online audio and video content which has enormously disrupted the global entertainment and media industry. This, as a consequence, has created massive growth prospects for the global industry.

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Various cloud technologies have been deployed to minimize the costs associated with viewing the content, along with the space used to store the downloaded content and concerns of copyright thefts. This has effectively increased the demand for streaming devices and accelerated the transition to digital platforms for entertainment purposes.

Video and audio content exhibit compatibility with multiple devices and can be accessed at any time on numerous platforms as they are encoded to manage security and safety issues. Over-the-Top (OTT) platforms like Netflix, Hulu, and Amazon Prime, are increasingly picked and subscribed by consumers as they offer low-priced and flexible packages.

Streaming devices in the price range of USD 30-100 led the industry share with regard to remuneration and shipment in 2016 owing to the rising inclination of customers to buy low-cost electronic devices, specifically in the Asia Pacific and the Latin America region.

The users can retrieve offerings through an immense availability of cheap streaming devices including the Google Chromecast as well as the Amazon Fire TV stick to offer streaming services. They are also fully compatible with HD, UHD, and low-resolution systems and are affordable, eliminating over expenditure on the products.

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Ease of availability of fast broadband services and access to streaming in remote locations will bolster the demand and adoption of streaming devices across Europe and North America. The United Kingdom registered more than 62.1 million users, while 94.2% of its population has access to consistent internet service and speed. There is also an inclining rate in binge-watching and cord-cutting.

Furthermore, various OTT providers offer their customers with advantages of utilizing the services irrespective of time and specifically assist users in managing hectic working schedules.

Major Key Points from Table of Content:

Chapter 4.   Streaming Devices Market, By Price (Revenue & Shipments)

4.1.  Streaming devices market share by pricing, 2016 & 2024

4.2.  USD 30 – 100

4.2.1. Market estimates and forecasts, 2013 – 2024

4.2.2. Market estimates and forecasts, by region, 2013 - 2024

4.3.  USD 101 - 250

4.3.1. Market estimates and forecasts, 2013 – 2024

4.3.2. Market estimates and forecasts, by region, 2013 - 2024

Chapter 5.   Streaming Devices Market, By Resolution Type (Revenue & Shipments)

5.1.  Streaming devices market share by resolution type, 2016 & 2024

5.2.  4K UHD

5.2.1. Market estimates and forecasts, 2013 – 2024

5.2.2. Market estimates and forecasts, by region, 2013 - 2024

5.3.  1080p

5.3.1. Market estimates and forecasts, 2013 – 2024

5.3.2. Market estimates and forecasts, by region, 2013 - 2024

5.4.  720p

5.4.1. Market estimates and forecasts, 2013 – 2024

5.4.2. Market estimates and forecasts, by region, 2013 – 2024

Browse Complete Table of Content @  https://www.decresearch.com/toc/detail/streaming-devices-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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