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Global Video Streaming Market to reach 70.05 billion by 2021, at a CAGR of 18.3%

The ease and ability to integrate OTT solutions into the existing video streaming systems has led to exponential growth of video streaming market. It has been noted that APAC is growing at a higher rate than any other region. Australia and Singapore are two big countries to adopt this trend leveraging better technologies.

There has been a significant growth in last 5 years from traditional TV to delivery of vod platforms. However, high implementation cost of implementing these streaming technologies has been a set back for many providers. It has been noted that cloud-based live video streaming platform solutions are serving best for the SMEs.

Read the entire report here.

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