Video Streaming Market Size and Share

Video Streaming Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Video Streaming Market Analysis by Mordor Intelligence

The video streaming market size reached USD 192.0 billion in 2025 and is forecast to grow to USD 324.0 billion by 2030, reflecting an 11.03% CAGR. Growth has been fuelled by the rapid extension of high-speed broadband and 5G, the deployment of AI-driven recommendation engines that lift viewer engagement, and the direct-to-consumer push by studios that once relied on third-party distributors. Competitive intensity deepened as leading platforms raised content budgets yet sought efficiency from cloud-native workflows, while smaller services looked to niche programming and aggregation partnerships. Live sports rights, multilingual libraries, and low-latency delivery emerged as decisive differentiators, especially in regions where first-time streamers skipped legacy television. Regulatory attention on carbon emissions and piracy raised operating complexity, but innovations such as AI-assisted dubbing and 5G multicast pointed to fresh monetization paths that will keep the video streaming market on a solid expansion track.

Key Report Takeaways

  • By streaming type, Non-Linear/VOD commanded 61.8% of the video streaming market share in 2024; live streaming is projected to expand at a 14.8% CAGR through 2030.  
  • By component, software led with 59.7% revenue share in 2024, whereas services are poised to advance at a 16.6% CAGR between 2025 and 2030.  
  • By solutions, OTT platforms held 56.7% of revenue in 2024, while IPTV is forecast to grow at 13.4% CAGR during 2025-2030.  
  • By platform, smartphones and tablets captured 44.3% of revenue in 2024; smart TVs are set to increase at a 12.2% CAGR through 2030.  
  • By revenue model, SVOD dominated with 70.0% share in 2024, as the AVOD/FAST model records the fastest growth at 15.2% CAGR.  
  • By deployment, cloud delivery accounted for 84.5% of revenue in 2024 and is expected to rise at an 18.3% CAGR.  
  • By end user, consumer services produced 76.2% of 2024 revenue, while enterprise streaming grows at a 12.9% CAGR.  
  • By geography, North America led with 42.2% share in 2024, yet Asia-Pacific delivers the highest regional CAGR at 17.3% through 2030.

Segment Analysis

By Streaming Type: Live Streaming Gains Momentum

Live streaming posted the fastest trajectory, rising at a 14.8% CAGR from 2025 to 2030 as leagues and concert promoters chose direct distribution. The video streaming market size for live formats stood at USD 126.4 million in 2024 and is expected to surpass USD 534 billion by 2030, indicating a dramatic scaling curve. Non-linear/VOD retained dominance due to its 61.8% share in 2024, backed by expansive libraries and robust recommendation engines that propelled over 80% of total plays on major services.  

Live sports coverage turned streaming platforms into primary destinations during key tournaments, narrowing the perception gap between cable reliability and online flexibility. Real-time engagement tools such as alternate commentary tracks and in-app merch links unlocked fresh revenue streams and extended session duration. Meanwhile, on-demand services continued to refine compression and pre-fetching strategies that balanced cost efficiency with sharper picture quality, reinforcing their foundational role inside the broader video streaming market.

Video Streaming Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By Component: Services Segment Accelerates

Software components—players, CMS, analytics layers—accounted for 59.7% of 2024 revenue. However, managed services such as multi-CDN orchestration and server-side ad insertion registered a 16.6% CAGR forecast as publishers outsourced highly specialized delivery tasks. Edge-aware traffic steering ensured low latency during peak global events, which safeguarded the video streaming market size advantages secured by early software adoption.  

The surge in services aligned with ad-supported tier expansion because SSAI blended personalized ads into live streams without overt buffering. Providers like Akamai handled traffic bursts that peaked at more than 200 Tbps in 2024, demonstrating infrastructure reliance on third-party expertise. As compliance and accessibility rules tightened, turnkey captioning and DRM services attracted mid-tier platforms keen to manage risk while staying focused on storytelling. 

By Solutions: OTT Dominates While IPTV Resurges

OTT retained a 56.7% grip on revenue in 2024 thanks to its device-agnostic reach and direct billing. Continuous feature rollouts—from personalized profiles to watch-party modes—raised stickiness among households already juggling multiple subscriptions. IPTV rebounded with a 13.4% CAGR after telcos refreshed fiber-to-the-home bundles that guaranteed symmetric bandwidth and bundled local language packs, thereby adding stability to the evolving video streaming market.  

Hybrid business models emerged as operators integrated OTT apps into set-top boxes, ensuring single-remote access that appealed to less tech-savvy viewers. Advanced multicast pushed ultra-HD linear channels efficiently, and AI-enhanced EPGs exposed hidden catalog gems. Cable and satellite incumbents leveraged existing sports contracts to package optional 4K streams, delaying but not preventing a long-term share drift toward full IP delivery. 

By Platform: Smart TVs Accelerate as Mobile Leads

Smartphones and tablets held 44.3% of 2024 revenue and stayed indispensable for commuters and mobile-first viewers in India, Nigeria, and Brazil. Screen size constraints encouraged episodic storytelling, which integrated seamlessly with vertical ad formats. Smart TVs, projected to grow 12.2% CAGR, gained ground as manufacturers baked streaming hubs into launch menus.  

Automatic content recognition supplied granular view data, helping advertisers recalibrate campaign frequency. Voice assistants simplified discovery, and cross-platform resume points ensured that viewers who started a series on mobile shifted to the living room with zero friction. This symmetric hand-off reinforced ecosystem lock-in and underpinned the expanding video streaming market.

By Revenue Model: Advertising Growth Challenges Subscription Dominance

SVOD dominated with a 70.0% share in 2024, and the video streaming market size linked to paying memberships still exceeded advertising revenue. Yet AVOD and FAST channels advanced 15.2% CAGR as budget-conscious viewers traded premium tiers for lightly interrupted versions. Netflix said that more than half of the new U.S. sign-ups landed on its ad-supported plan, showing price elasticity at work.  

Brands welcomed rich targeting across demographic and behavioral segments. Amazon reported that its ad reach climbed to 130 million monthly U.S. viewers in 2025. [3]Los Angeles Times, “Amazon says 130 million U.S. customers are watching Prime Video with ads,” latimes.com CPM inflation moderated because dynamic insertion optimized inventory. Transactional rentals remained relevant for early-window releases and niche sports, though their aggregate contribution continued to shrink. 

By Deployment Type: Cloud Dominates with Edge Computing Boost

Cloud deployments captured 84.5% of revenue in 2024 and are tracking an 18.3% CAGR as workflows migrate to containerized micro-services that scale per-event. The video streaming market benefits from pay-as-you-go encoding farms and nearline archive tiers that lower total cost of ownership. Edge compute nodes brought processing closer to fans, shaving start-up delay for live 4 K events during the 2024 football season.  

AWS reported that sports video workloads quadrupled minutes streamed between 2021 and 2024, validating elastic architecture. On-premises infrastructure persisted in financial services and defense sectors that mandated sovereign data paths, but their relative share contracted as public cloud certifications addressed compliance hurdles.

Video Streaming Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Detailed Market Forecasts at the Most Granular Levels
Download PDF

By End User: Enterprise Segment Shows Strong Growth

Consumer services still made up 76.2% of 2024 revenue, yet enterprise use cases such as virtual town halls, investor days, and training sessions posted a 12.9% CAGR outlook. Internal events benefited from SAML-based access control, ensuring that confidential pitches remained behind corporate firewalls while leveraging the same adaptive-bitrate stacks honed in entertainment.  

Enterprises applied advanced analytics to measure engagement down to slide interactions, enabling HR teams to refine onboarding sequences. Brand marketing departments used streamed product launches to reach global audiences in synchronized time zones, trimming travel budgets. These factors jointly sustained a healthy expansion vector inside the diversified video streaming market.

Geography Analysis

North America held 42.2% of global revenue in 2024 as ubiquitous broadband, aggressive original content budgets, and early adoption of advertising hybrids converged. The United States alone is projected to lift streaming revenue from USD 112 billion in 2024 to USD 140 billion by 2029, reinforcing its anchor role in the video streaming market. Competitive churn remained high because households stacked an average of five paid services, prompting platforms to rotate discount bundles and theater-to-stream windows to keep churn below 3% monthly. Canada mirrored these patterns, although regional broadcasters preserved local sports rights that sheltered nationalist viewer preferences. 

Asia-Pacific delivered the fastest regional CAGR at 17.3% and is forecast to add USD 16.2 billion in incremental revenue by 2029. India contributed more than one-quarter of the uplift, fueled by discounted mobile data plans and exclusive cricket streaming, while China leaned on state-owned telcos to accelerate FTTH. Japan blended anime with high-budget serials to maintain ARPU leadership. Local platforms such as JioCinema forged low-price tiers paired with daily payment options, a model now copied in Southeast Asia. The video streaming market size gained additional momentum from user generated short-form clips that acted as funnels into premium long-form libraries. 

Europe retained solid traction, and the United Kingdom is set to become the continent’s largest entertainment market by 2027 as ad-supported tiers find an addressable audience in cost-sensitive households. Thirty-three percent of new UK sign-ups in Q1 2025 selected an ad tier, and Prime Video captured 17% of those activations. [4]Kantar, “Competition Intensifies as Prime Video and Apple TV+ Compete for Dominance,” kantar.com Markets such as Germany tightened CO₂ disclosure rules for datacenters, prompting greener codec strategies, while France advanced local content quotas that shaped catalog acquisition plans. 

Latin America and the Middle East and Africa registered lower absolute revenue but posted healthy double-digit user growth as smart-phone penetration and mobile broadband upgrades reached critical mass. SVOD growth encouraged Wi-Fi 6 adoption across the region, which in turn improved average streaming bit-rates. Nigeria’s telcos trialed zero-rated educational channels that steered incremental demand toward commercial entertainment, illustrating mutual benefits between operators and OTT providers in the continually widening video streaming market. 

Video Streaming Market
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Get Analysis on Important Geographic Markets
Download PDF

Competitive Landscape

Market concentration remained moderate, with the top five services capturing more than 50% of global revenue. Netflix led the field at 282 million paid subscribers by Q3 2024, and its revenue climbed 15% year on year to USD 9.8 billion in that quarter. Prime Video followed with 117 million viewers and combined retail-plus-streaming benefits that kept monthly churn among Prime members under 1%. Disney+ reached 158.6 million subscribers after an ad tier rollout and a global price reset in late 2024. Hulu, Max, and Apple TV+ rounded out the top cohort, each leaning on differentiated content pillars. 

Strategic moves focused on monetization diversification. Netflix expanded its paid-sharing program beyond 100 countries, generating incremental ARPU without new content cost. Amazon introduced dynamically generated ad creatives that matched product carousels to viewer shopping profiles, integrating commerce directly into playback. Disney merged ESPN+ technology with mainline Disney+ infrastructure to support live events and cross-promotional bundles that lowered acquisition cost by one-third. 

Technology differentiation remained central. Netflix open-sourced a new AV1-to-HEVC ladder optimizer that trimmed encoding minutes by 18%, while Prime Video accelerated its AI dubbing pilot to cover German, Hindi, and Japanese after a successful Spanish test. HBO Max switched to a multi-CDN mesh that shaved 25% of re-buffering during peak premieres, underscoring operational performance as a loyalty driver in the global video streaming market.

Video Streaming Industry Leaders

  1. Netflix Inc.

  2. Amazon.com Inc. (Prime Video)

  3. Alphabet Inc. (YouTube)

  4. The Walt Disney Company (Disney+, Hulu)

  5. Tencent Holdings Ltd. (Tencent Video)

  6. *Disclaimer: Major Players sorted in no particular order
Video Streaming Market Concentration
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.
Need More Details on Market Players and Competitors?
Download PDF

Recent Industry Developments

  • May 2025: Amazon confirmed that its U.S. ad-supported reach climbed to 130 million monthly viewers.
  • April 2025: UniqCast stressed exclusive content as the strongest OTT growth lever, aided by AI discovery features.
  • April 2025: Ericsson added multimedia patents to the Avanci video pool, simplifying codec licensing for publishers.
  • March 2025: Amazon began AI dubbing trials on Prime Video, expanding multilingual accessibility.
  • March 2025: Disney+ and Netflix ramped sports slates, triggering a surge in live streaming sign-ups.

Table of Contents for Video Streaming Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing availability of high-speed internet connectivity
    • 4.2.2 Rising popularity of live sports and event streaming
    • 4.2.3 Proliferation of smart-TVs and connected OTT devices
    • 4.2.4 AI-driven localized dubbing unlocking non-English audiences
    • 4.2.5 Telco zero-rating of OTT data in emerging markets
    • 4.2.6 5G multicast/broadcast (eMBMS) for in-stadium live feeds
  • 4.3 Market Restraints
    • 4.3.1 Content piracy and unauthorized distribution
    • 4.3.2 Escalating content licensing and production costs
    • 4.3.3 Carbon-footprint scrutiny of streaming delivery
    • 4.3.4 Codec-standard fragmentation causing device issues
  • 4.4 Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter’s Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Buyers/Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry
  • 4.8 Investment Analysis
  • 4.9 Assessment of the Impact of Macroeconomic factors on the Market

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Streaming Type
    • 5.1.1 Live Video Streaming
    • 5.1.2 Non-Linear / VOD Streaming
  • 5.2 By Component
    • 5.2.1 Software
    • 5.2.2 Services
  • 5.3 By Solutions
    • 5.3.1 Over-the-Top (OTT)
    • 5.3.2 Internet Protocol TV (IPTV)
    • 5.3.3 Cable TV
    • 5.3.4 Pay-TV
  • 5.4 By Platform
    • 5.4.1 Smartphones and Tablets
    • 5.4.2 Smart TV
    • 5.4.3 Laptops and Desktops
    • 5.4.4 Gaming Consoles
  • 5.5 By Revenue Model
    • 5.5.1 Subscription (SVOD)
    • 5.5.2 Advertising (AVOD/FAST)
    • 5.5.3 Rental / Transactional (TVOD)
  • 5.6 By Deployment Type
    • 5.6.1 Cloud
    • 5.6.2 On-Premises
  • 5.7 By End User
    • 5.7.1 Consumer
    • 5.7.2 Enterprise
  • 5.8 By Geography
    • 5.8.1 North America
    • 5.8.1.1 United States
    • 5.8.1.2 Canada
    • 5.8.1.3 Mexico
    • 5.8.2 South America
    • 5.8.2.1 Brazil
    • 5.8.2.2 Argentina
    • 5.8.2.3 Rest of South America
    • 5.8.3 Europe
    • 5.8.3.1 United Kingdom
    • 5.8.3.2 Germany
    • 5.8.3.3 France
    • 5.8.3.4 Italy
    • 5.8.3.5 Spain
    • 5.8.3.6 Russia
    • 5.8.3.7 Rest of Europe
    • 5.8.4 Asia-Pacific
    • 5.8.4.1 China
    • 5.8.4.2 India
    • 5.8.4.3 Japan
    • 5.8.4.4 South Korea
    • 5.8.4.5 Australia and New Zealand
    • 5.8.4.6 Rest of Asia-Pacific
    • 5.8.5 Middle East and Africa
    • 5.8.5.1 Middle East
    • 5.8.5.1.1 GCC Countries (Saudi Arabia, UAE, Qatar)
    • 5.8.5.1.2 Turkey
    • 5.8.5.1.3 Rest of Middle East
    • 5.8.5.2 Africa
    • 5.8.5.2.1 South Africa
    • 5.8.5.2.2 Nigeria
    • 5.8.5.2.3 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 Netflix Inc.
    • 6.4.2 Amazon.com Inc. (Prime Video)
    • 6.4.3 Alphabet Inc. (YouTube)
    • 6.4.4 The Walt Disney Company (Disney+, Hulu)
    • 6.4.5 Warner Bros. Discovery Inc. (Max)
    • 6.4.6 Tencent Holdings Ltd. (Tencent Video)
    • 6.4.7 Apple Inc. (Apple TV+)
    • 6.4.8 JioCinema
    • 6.4.9 Crunchyroll LLC
    • 6.4.10 Akamai Technologies Inc.
    • 6.4.11 iQIYI Inc.
    • 6.4.12 DAZN Group
    • 6.4.13 fuboTV Inc.
    • 6.4.14 Kaltura Inc.
    • 6.4.15 Vimeo Inc.
    • 6.4.16 Disney+ Hotstar
    • 6.4.17 iQIYI Inc.
    • 6.4.18 Bilibili Inc.
    • 6.4.19 PCCW Media (Viu)
    • 6.4.20 Rakuten Group Inc. (Rakuten Viki)
    • 6.4.21 Reliance Industries Ltd. (JioCinema)
    • 6.4.22 Zee Entertainment Enterprises Ltd. (ZEE5)
    • 6.4.23 Sky Group Ltd. (NOW)
    • 6.4.24 Telefónica S.A. (Movistar+)
    • 6.4.25 Dish Network Corp. (Sling TV)

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-Need Assessment
**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the global video-streaming market as all paid or ad-supported services that deliver live or on-demand professional video content over the public internet to consumer and enterprise screens, capturing subscription, advertising, and transactional revenues.

Scope exclusion: hardware sales, purely audio platforms, and user-generated short-form social videos are not counted.

Segmentation Overview

  • By Streaming Type
    • Live Video Streaming
    • Non-Linear / VOD Streaming
  • By Component
    • Software
    • Services
  • By Solutions
    • Over-the-Top (OTT)
    • Internet Protocol TV (IPTV)
    • Cable TV
    • Pay-TV
  • By Platform
    • Smartphones and Tablets
    • Smart TV
    • Laptops and Desktops
    • Gaming Consoles
  • By Revenue Model
    • Subscription (SVOD)
    • Advertising (AVOD/FAST)
    • Rental / Transactional (TVOD)
  • By Deployment Type
    • Cloud
    • On-Premises
  • By End User
    • Consumer
    • Enterprise
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Europe
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia and New Zealand
      • Rest of Asia-Pacific
    • Middle East and Africa
      • Middle East
        • GCC Countries (Saudi Arabia, UAE, Qatar)
        • Turkey
        • Rest of Middle East
      • Africa
        • South Africa
        • Nigeria
        • Rest of Africa

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed streaming engineers, media buyers, telecom carriers, and content licensors across North America, Europe, Asia-Pacific, and the Middle East. These conversations clarified average revenue per user, fill-rate shifts for ad-supported tiers, and likely rollout timing of new compression standards, which in turn filled gaps spotted during secondary work and anchored the forecast drivers.

Desk Research

We began with sector statistics from organizations such as the International Telecommunication Union for broadband penetration, the Motion Picture Association for professional content output, and the European Audiovisual Observatory for regional revenue splits. Trade filings, listed-company 10-Ks, and investor decks supplied service-level pricing and subscriber clues, while news archives on Dow Jones Factiva and device shipment logs from IDC helped us verify platform growth patterns. Additional signals were drawn from public customs databases, advertising-spend trackers, and patent data on Questel to map codec adoption trends. This list is illustrative; many other sources informed data collection, cross-checks, and assumption testing.

Market-Sizing & Forecasting

A top-down and bottom-up build was applied. We first reconstructed total paid video spend and advertising outlays by mapping broadband households, smartphone counts, and average video hours watched, then layered penetration-rate based demand pools to allocate value across revenue models. Supplier roll-ups of sampled average selling price times active subscriptions were used as a reasonableness check. Key variables include paid subscriber base, monthly churn, connected-TV ad-load minutes, global broadband speed indices, and content-spend inflation; each was forecast through multivariate regression blended with scenario analysis where regulatory shifts or sports-rights cycles could swing outcomes. Data gaps in smaller regions were bridged through benchmark ratios against peer markets with similar GDP per capita and connectivity.

Data Validation & Update Cycle

Outputs pass three rounds of analyst review, variance screens against independent indicators, and automated anomaly alerts. Reports refresh every twelve months, with mid-cycle updates triggered by material events such as major rights auctions or taxation changes; a last-mile sense check is completed before release to ensure clients receive the most current view.

Why Mordor's Video Streaming Baseline Commands Superior Decision Confidence

Published estimates often diverge because firms pick different revenue buckets, regional splits, and currency bases. Our disciplined scope, annual refresh cadence, and variable-level audits keep the baseline steady yet timely.

Key gap drivers include whether advertising on user-generated platforms is counted, how bundled mobile-data plans are treated, and the aggressiveness of assumed price escalation. Some publishers build primarily from platform filings, while others inflate totals by including game streaming or ancillary e-commerce. Mordor triangulates both spend and audience metrics, which tempers extremes and offers planners a dependable midpoint.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 192 B (2025) Mordor Intelligence -
USD 157 B (2025) Global Consultancy A Excludes ad-supported tiers and emerging markets
USD 226 B (2025) Industry Publisher B Adds game-streaming and social UGC revenues
USD 104 B (2024) Regional Consultancy C Counts only subscription fees, omits advertising

In sum, Mordor Intelligence delivers a balanced, transparent baseline built on clearly traced variables and repeatable steps, giving decision-makers confidence that the figures reflect today's market reality while remaining sensitive to tomorrow's shifts.

Need A Different Region or Segment?
Customize Now

Key Questions Answered in the Report

What is the current value of the video streaming market?

The video streaming market reached USD 192.0 billion in 2025 and is forecast to climb to USD 324.0 billion by 2030.

Which region is expanding the fastest in streaming revenue?

Asia-Pacific is projected to grow at a 17.3% CAGR through 2030, driven by mobile broadband expansion and localized content strategies.

How important is advertising to future streaming revenue?

Advertising-led models such as AVOD and FAST are on a 15.2% CAGR path and are expected to command 28% of global streaming revenue by 2028.

What role does 5G play in streaming quality?

5G and edge compute reduce latency and support reliable 4 K live streams, with more than 2.8 billion 5G subscriptions anticipated in 2025.

Which platform segment is gaining ground most rapidly?

Smart TVs are registering a 12.2% CAGR as native apps, voice search, and HDR playback persuade households to shift long-form viewing back to the largest screen.

Why are enterprises adopting streaming solutions?

Businesses use secure live and on-demand video for internal communication and training, helping the enterprise segment post a 12.9% CAGR through 2030.

Page last updated on:

Video Streaming Report Snapshots