Pune, India, May 24, 2021 (GLOBE NEWSWIRE) – The Global Video streaming market shareThe size is expected to reach $ 842.93 billion by 2027, with a CAGR of 12.0% over the forecast period. Video streaming is a form of media streaming that uses the Internet to stream a video file to a remote user. The improvement of the internet connection and the population increase are major contributors to the market growth. Fortune Business Insights ™ has this information in an upcoming report entitled “Video Streaming Market, 2020-2027 ”. The market size was $ 342.44 billion in 2019.
The report reveals the various factors that are contributing to the growth of the video streaming market. For example, a study by Cisco Systems Inc. found an increase in live streaming of over 47% in 2018.
The global pandemic may have stagnated growth in several industries and markets, but the video streaming market has had a consistently positive impact …