Industry Research – Global Streaming Media Device Market 2016-2020 report is the latest addition to RnRMarketResearch.com.
This analyst forecast the global streaming media device market to grow at a CAGR of 17.45% during the period 2016-2020. Streaming media devices are designed and developed specifically to stream, play, and manage online streaming content profiles such as Netflix and Hulu. It provides users with the option to play the content on TV.
The global streaming media device market is expected to ship 439.8 million units by 2020, growing at a CAGR of 17.45% during the forecast period. The market is currently in its nascent stage but is witnessing unprecedented growth. In 2015, Asia-Pacific (APAC) had the highest growth rate in the market. Europe, the Middle East, and Africa (EMEA) and the Americas are quite matured markets.
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This report covers the present scenario and the growth prospects of the global streaming media device market for 2016-2020. To calculate the market size, the report considers the unit shipments of streaming media devices.
The market is divided into the following segments based on geography:
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Key players in the global streaming media device market: Amazon, Apple, Google, Microsoft, Roku, and Sony. The growing production of in-house web series is a trend that is expected to positively influence the global video content market. The global video content market is home to an intensely competitive environment with the originality of content and innovation being one of the prime core competencies. This has resulted in an increase in production of in-house content across various platforms. Original in-house web series across various genres such as drama, comedy, sitcoms, action, talk shows, and documentaries are some of the highest viewed videos on online video platforms such as Netflix and YouTube.
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