Market revenue in 2023 | USD 27,309.5 million |
Market revenue in 2030 | USD 112,889.5 million |
Growth rate | 22.5% (CAGR from 2023 to 2030) |
Largest segment | Fantasy & science fiction |
Fastest growing segment | Fantasy & Science Fiction |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Action & Adventure, Thriller & Horror, Fantasy & Science Fiction, Drama, Documentaries |
Key market players worldwide | Akamai Technologies Inc, Amazon.com Inc, Apple Inc, Cisco Systems Inc, Alphabet Inc Class A, Kaltura Inc, Netflix Inc, International Business Machines Corp, The Walt Disney Co |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to video streaming market will help companies and investors design strategic landscapes.
Fantasy & science fiction was the largest segment with a revenue share of 27.81% in 2023. Horizon Databook has segmented the Asia Pacific video streaming market based on action & adventure, thriller & horror, fantasy & science fiction, drama, documentaries covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific regional market is expected to grow at the highest rate during the forecast period, owing to the increasing adoption of digital media among individuals and organizations. The advertisement-supported video streaming model has become the dominant model of delivering video streaming services to consumers in India, China, and throughout the AsiaPacific region.
Advertisements provide significant revenue for streaming services providers that seek to expand into different other services. The China government is focusing on introducing a state-owned video streaming service to control piracy and offer a costeffective and legal method for consumers to access premium content.
For instance, TV2U has partnered with Vector International and Stereoscope Cloud to launch the TARA TV service. This partnership is anticipated to stream local Chinabased content to the global audience by providing them the option to view their local content.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific video streaming market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific video streaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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