Streaming Media Device Market – Overview

Streaming Media Device Market is expected to reach USD 24 Billion by 2026 growing at a CAGR of 17.5% during the forecast period, 2020–2026. The Streaming Media Device Market report provides detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about Segments, SWOT Analysis, Upcoming Trends, Cost structure, Drivers, Key players in the market, Streaming Media Device market share, size and Competitor Strategies.

A streaming media device is streaming hardware that connects the television or the home theater to the Internet via Wi-Fi or Ethernet and allows the user to stream content from online services. These are basic devices with only a few connections, such as video (HDMI and/or composite), audio (RCA and/or digital), and Ethernet networking jacks. Many streaming media players also feature built-in Wi-Fi for wireless network connections, and most include their dedicated remote control. Roku Player, Google Chromecast, Amazon Firestick, and Apple TV are some of the most popular streaming media devices.

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Streaming Media Device Market Key Players

  • Amazon.com, Inc.(US)
  • Apple Inc. (US)
  • Google LLC (US)
  • HUMAX (South Korea)
  • Philips Electronics (Netherlands)
  • Nvidia Corporation (US)
  • Sony Corporation (Japan)
  • Samsung Electronics (South Korea)
  • Azulle (US)
  • Roku Inc. (US)
  • Xiaomi Inc. (China)
  • WeTek (Portugal)
  • TiVo (US)
  • SkyStream Technologies (US)
  • Matricom (US)
  • ASUSTeK Computer Inc. (Taiwan)

Streaming Media Device Market Segmentation

Global Streaming Media Device Market has been segmented on the basis of Device Type, Resolution, Application, End-Use, and Region.

By Device Type

  • Gaming consoles
  • Media streamers
    • Streaming boxes
    • Streaming sticks

By Resolution

  • 720p
  • 1080p
  • 4K

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By Application

  • Gaming
  • Audio/video entertainment
  • E-learning
  • Others

By End-Use

  • Commercial
  • Residential

Regional Analysis

The geographic analysis of the global streaming media device market has been conducted for North America (the US, Canada, and Mexico), Europe (Germany, the UK, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of the Middle East & Africa), and South America (Brazil, Argentina, Colombia, and rest of South America).

North America is currently dominating the global streaming media device market. Amongst, the countries in the region, the US is expected to have the largest market share in the streaming media device market in the region, followed by Canada and Mexico. The region holds the presence of the majority of key players who are focused on developing media streaming devices with advanced capabilities making the market highly competitive. Also, the region has witnessed an increase in demand for marketing campaigns to promote its brand thereby increasing demand for media streaming services over the years driving the market growth in the region.

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Europe is following North America and accounts for a considerable share in the global streaming media device market. The region has witnessed an increasing adoption of cloud-based streaming services and increased internet penetration which drives the market growth in the region. Furthermore, the region has well-established network infrastructure, and the consumers across the region have been increasingly adopting the streaming services at their residence for entertainment purposes which further drives the market growth.

Asia-Pacific is projected to register the highest CAGR in the global streaming media device market. The region has witnessed a rise in Internet penetration and adoption of cloud services among the developing nations. Furthermore, an increase in consumer disposable income and the growing demand for audio/video streaming services among the youth users in the country is further expected to drive the market growth in the region.

The Middle East & Africa and South America region are expected to grow at a considerable pace in the streaming media device market. The rise in digital media consumption across the region, an increase in demand for OTT services, the rising adoption of Internet-based services is driving the market growth in the region.

This report provides: 

  • An in-depth overview of the global market for Streaming Media Device.
  • Discoveries of new market prospects and targeted marketing methodologies for Global Streaming Media Device
  • Discussion of R&D, and the demand for new products launches and applications.
  • Wide-ranging company profiles of leading participants in the industry.
  • The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
  • The growth in patient epidemiology and market revenue for the market globally and across the key players and market segments.
  • Study the market in terms of generic and premium product revenue.
  • Determine commercial opportunities in the market sales scenario by analysing trends in authorizing and co-development deals.

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