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Streaming Devices Market: Top Challenges to Face in 2020-2024

Author : Ronak Bora | Published Date : 2020-09-10 

Streaming devices market is set to display phenomenal progress in the ensuing years, on the grounds that an increasing number of consumers are moving away from traditional TV and inclining toward over-the-top (OTT) pay-per-use services such as Netflix, Amazon Prime and Hulu, that have vast, easily-accessible video libraries eliminating the requirement of video download and data storage.

The media and entertainment industry, in recent times, has witnessed this major shift in preference, given the convenience that these devices provide and the changing inclination of the current internet-savvy generation of consumers. In consequence, streaming devices like Roku, Google Chromecast. Amazon Fire TV and Apple TV are becoming wildly popular, providing a major boost to the streaming devices industry.

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It would be prudent to mention that streaming devices market is driven not only by the type and quality of content that different devices offer but also the price of the streaming device itself. Streaming devices that are priced between USD 30 TO USD 100 are predicted to be the chief drivers for the streaming devices industry in the forecast period.

A major example of this phenomena is the Roku streaming device. Roku has been increasingly capturing a major chunk of U.S. streaming devices market share despite the lack of its own TV platform. Instead, Roku has been successful in striking third party deals and has been able to lead the streaming devices market with a consumer base that is larger than Google Chromecast and Apple TV.

Apple has a connected TV device that is more technologically advanced than Roku, however, it has been observed that consumers looking forward to buying a basic streaming device will opt for Roku instead of Apple.

Top Key Players In Streaming Devices Market are Developer & Manufacturer Profiles, Amazon.com, Inc., Apple Inc., Azulle, Google LLC, HUMAX, Intel Corporation, Leelbox, Logitech International S.A., Matricom, MyGica, NBOX Player, NOW TV, NVidia Corporation, Roku, Inc., Rveal, SkyStream Technologies, Sling Media L.L.C., Samsung, Sony Corporation, TiVo, WeTek, Xiaomi Inc., Software and Content Providers, Hulu, Kodi, Netflix, OSMC (Open Source Media Center), PlayStation, Plex, YouTube

The buzzing trend of customers shifting base from cable TV to digital platforms and increased access to fast broadband has been fueling streaming devices industry. The rising prominence of this vertical can be undeniably attributed to the rising popularity of OTT streaming systems like Netflix, Hulu, Amazon Prime, etc., across numerous economies.

China and India, for instance, owing to the economic boom and the rise of the educated middle class with greater disposable incomes, willing to spend on OTT streaming systems, will undeniably propel Asia Pacific streaming devices industry. As per estimates, APAC streaming devices market size is projected to witness a 25% CAGR over 2017-2024.

Table Of Content:

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

4.1.  Streaming devices industry 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 industry 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

Chapter 6.   Streaming Devices Market, By Region (Revenue & Shipments)

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/streaming-devices-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia 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 sport. [email protected] | https://twitter.com/RonakBora26

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