Live Streaming Expected to Reach $559B by 2032
X TV App Live streaming video on connected TV is forecast to grow CAGR 29.30% in 2024 and is projected to reach $559.62B by 2032. The market for live video streaming is expected to grow due to an increase in demand for video on demand (VoD) services, as consumers spend more time in live media and entertainment spaces. In addition, the increasing population and preference for online streaming platforms are expected to boost the market in the coming years. The rise of over-the-top (OTT) streaming platforms has resulted in a significant demand for live video streaming content. Moreover, the launch of new OTT platforms by major broadcasting networks is also expected to contribute to market growth. Furthermore, the ability to stream live content on mobile devices through these platforms is likely to further fuel market growth. The vertical segment encompasses news, current affairs, education/e-learning, healthcare, government, sports/e-sports, gaming, ...