South Africa Video Streaming (streaming Media Industry) Market Size & Outlook
The video streaming (streaming media industry) market in South Africa is expected to reach a projected revenue of US$ 5.4 billion by 2030. A compound annual growth rate of 23% is expected of South Africa video streaming (streaming media industry) market from 2024 to 2030.
Revenue, 2023 (US$B)
$1.3
Forecast, 2030 (US$B)
$5.4
CAGR, 2024 - 2030
23%
Report Coverage
South Africa
South Africa video streaming (streaming media industry) market, 2018-2030 (US$B)
Related Markets
South Africa video streaming (streaming media industry) market highlights
- The South Africa video streaming (streaming media industry) market generated a revenue of USD 1.3 billion in 2023 and is expected to reach USD 5.4 billion by 2030.
- The South Africa market is expected to grow at a CAGR of 23% from 2024 to 2030.
- In terms of segment, on-demand was the largest revenue generating service in 2023.
- Live Streaming is the most lucrative service segment registering the fastest growth during the forecast period.
Video streaming (streaming media industry) market data book summary
| Market revenue in 2023 | USD 1.3 billion |
| Market revenue in 2030 | USD 5.4 billion |
| Growth rate | 23% (CAGR from 2023 to 2030) |
| Largest segment | On-demand |
| Fastest growing segment | Live Streaming |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | On-Demand, Live Streaming |
| 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.2% of the global video streaming (streaming media industry) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia video streaming (streaming media industry) market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 5.4 billion by 2030.
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Video Streaming (Streaming Media Industry) Market Scope
Video streaming (streaming media industry) market segmentation & scope
Video Streaming (Streaming Media Industry) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa video streaming (streaming media industry) market size, by service, 2018-2030 (US$B)
South Africa Video Streaming (Streaming Media Industry) Market Outlook Share, 2023 & 2030 (US$B)
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