VIDEO STREAMING MARKET ANALYSIS

Regional Analysis

Developed economies are expected to offer significant market growth potential owing to rapid development of internet connectivity enabled infrastructure

Developed economies that include U.S. Western Europe, Japan and few other emerging economies, specifically China, are making significant efforts in the development of 5G infrastructure. For instance, in June 2017, China Academy of Information and Communications Technology, forecasted the combined expenditure of the three domestic network operators to reach around 46 billion in 2023. According to our expert analysis it is anticipated that 5G technology will get commercialized by 2022, specifically in developed economies. This will provide additional boost to the existing video streaming market over the forecast period, for both enterprise and recreational purposes.