The Streaming Media Devices Global Market Report 2023, provides comprehensive information on the streaming media devices market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Streaming Media Devices Global Market Report 2023, the market size is expected to grow from $12.31 billion in 2022 to $14.42 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global streaming media devices market size is expected to reach $26.84 billion in 2027 at a CAGR of 16.8%.
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Product innovation is the key trend gaining popularity in the streaming media devices market. Major companies operating in the streaming media devices market are focusing on offering new streaming media devices with lesser prices and more features to effectively compete with the growing competition. For instance, in March 2023, Allente, a Sweden-based Nordic TV distribution company, partnered with 3 Screen Solutions GmbH & Co. KG, a Germany-based company that specializes in software development, software development & design, and video on demand and SEI Robotics Inc., a China-based smart hardware company to launched Allente’s new 4K dongle for OTT (over-the-top) TV. The new service offers Allente’s customers a superior user experience (UX) made possible by the tried-and-true 3Ready product framework. It has an appealing and simple UI/UX that works well with Allente’s super-aggregated pay-TV services on other devices, such as STBs running Android TV and hybrid DVB-S STBs.
The streaming media devices market is segmented:
1) By Device Type: Game Consoles, Media Streamers, Smart TVs
2) By Application: E-Learning, Web-Browsing, Gaming, Real-Time Entertainment, Social Networking
3) By End-Use: Commercial, Residential
North America was the largest region in the streaming media devices market in 2022.
The table of contents in TBRC’s streaming media devices market report includes:
1. Executive Summary
2. Streaming Media Devices Market Characteristics
3. Streaming Media Devices Market Trends And Strategies
4. Streaming Media Devices Market – Macro Economic Scenario
5. Streaming Media Devices Market Size And Growth
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26. Africa Streaming Media Devices Market
27. Streaming Media Devices Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Streaming Media Devices Market
29. Streaming Media Devices Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Google LLC
- Sony Corporation
- Roku Inc
- Samsung Electronics Co. Ltd
- Apple Inc
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