Market revenue in 2023 | USD 30,546.5 million |
Market revenue in 2030 | USD 119,665.5 million |
Growth rate | 21.5% (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 Europe 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.
The European region is projected to experience significant growth due to emerging trends, such as the concept of OTT (Over-The-Top) and subscription-based video-on-demand (SVoD) services. Internet service providers have rolled out new plans for the mobile phone users and stepped up the high-speed data volume and bandwidth, which is one of the major factors driving the growth of streaming services in the region.
Furthermore, about business expansion strategies, there is a persistent divergence in growth patterns followed by local players that focus on region-specific services, and non-Europe tech giants, such as Netflix, Inc., and Rakuten.tv., which are gradually adding new territories.
The overall video streaming market appears as a fast-evolving industry in the European market, driven by increased tech-savvy consumers on the demand side and an increase in video streaming offerings on the supply side.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe video streaming market , including forecasts for subscribers. This continent databook contains high-level insights into Europe video streaming market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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