Video Streaming Market Size and Share
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.
Global Video Streaming Market Trends and Insights
Drivers Impact Analysis
Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
High-speed internet penetration | +4.4% | Global with pronounced effect in emerging Asia-Pacific | Medium term (2-4 years) |
Live sports and event streaming popularity | +2.8% | North America and Europe, rising in Asia-Pacific | Short term (≤ 2 years) |
Smart-TV and OTT device proliferation | +2.2% | Global, peak penetration in North America and Western Europe | Medium term (2-4 years) |
AI-powered localized dubbing | +1.7% | Asia-Pacific, Latin America, Middle East and Africa | Medium term (2-4 years) |
Telco zero-rating for OTT data | +1.1% | India, Indonesia, Nigeria, South Africa, Brazil | Medium term (2-4 years) |
5G multicast for in-stadium feeds | +0.8% | United States, Europe, South Korea, Japan | Long term (≥ 4 years) |
Source: Mordor Intelligence
Growing Availability of High-Speed Internet Connectivity
The rollout of fiber and 5G radically raised the ceiling for bit-rate-intensive services and set a stronger baseline for the video streaming market. By 2025 more than 2.8 billion 5G subscriptions were in service, and fixed-wireless access added several hundred thousand households each quarter in the United States [1]Broadband Search, “5G Home Internet Statistics: Adoption, Trends, and Coverage,” broadbandsearch.net. Operators in India and Indonesia introduced low-cost 5G data packs that prioritized major streaming apps, pulling first-time viewers directly into premium content ecosystems. In parallel, campus-wide Wi-Fi 6 upgrades in Latin America lifted sustained 4 K throughput, enabling local broadcasters to launch companion streaming services that met studio security requirements. Cloud platforms recorded double-digit traffic spikes with every regional speed upgrade, confirming that bandwidth remains the primary flywheel for subscription and advertising revenue expansion.
Rising Popularity of Live Sports and Event Streaming
Live sports migrated quickly from cable to online in 2025 as top leagues sold digital-first packages. A Hub study showed that 69% of fans viewed matches on streaming services, edging out linear broadcast for the first time. Rights deals with the NFL, NBA, La Liga, and IPL translated into nightly surges in concurrent streams, pressuring networks to refine low-latency paths and real-time ad stitching. Younger viewers under 35 drove nearly half of all new sports subscriptions, validating aggressive bids by platforms that pair live feeds with interactive stats overlays. Advertisers followed, shifting brand budgets toward mid-roll and dynamic banner formats embedded in live streams, thus boosting CPMs relative to general entertainment content.
Proliferation of Smart-TVs and Connected OTT Devices
Smart-TV shipments crossed a cumulative threshold where two-thirds of household televisions handled native 4 K playback by 2023, and HEVC decoding reached universal support in 2025. Device makers pre-installed major apps and simplified onboarding via single-sign-on, removing the friction once associated with HDMI dongles. Samsung and LG integrated voice discovery, and Roku OS introduced cross-service watch-lists that surfaced live events along with on-demand titles. This living-room shift motivated publishers to encode premium catalogues in HDR and spatial audio, actions that raised average play times and kept the video streaming market on a steady up-trend.
AI-Driven Localized Dubbing Unlocking Non-English Audiences
Advances in automated speech recognition and neural text-to-speech created near-real-time dubbing workflows that preserved actor cadence while swapping languages. Amazon piloted English-to-Latin American Spanish translation across select originals on Prime Video in early 2025. Independent solution providers soon offered 30-language packs that compressed weeks of studio work into cloud minutes, making smaller regional titles viable for global release. Engagement metrics validated the investment: localized content recorded up to six-fold increases in completion rates compared with subtitled versions, which reinforced the strategic importance of localization for subscriber and advertiser growth in the video streaming market.
Restraints Impact Analysis
Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
---|---|---|---|
Content piracy and unauthorized distribution | -2.2% | Highest in Asia-Pacific and Latin America | Medium term (2-4 years) |
Escalating content licensing costs | -1.7% | Global with peak pressure in North America | Short term (≤ 2 years) |
Carbon-footprint scrutiny | -0.9% | Europe and North America | Long term (≥ 4 years) |
Codec-standard fragmentation | -0.7% | Device-specific across global markets | Medium term (2-4 years) |
Source: Mordor Intelligence
Content Piracy and Unauthorized Distribution
Illicit restreaming siphoned revenue even as enforcement improved. The Asia Video Industry Report for 2024 documented new blocking statutes in India, Malaysia, and Vietnam that targeted pirate IPTV boxes. [2]Asia Video Industry Association, “The Asia Video Industry Report 2024,” avia.org Sports pay-per-view content remained the most pirated category, prompting rightsholders to embed forensic watermarking that traces each account. While technical counter-measures reduced casual piracy, the perpetual game of domain takedown versus mirror site re-appearance meant that smaller services without robust legal teams continued to lose prospective subscribers, cutting into the aggregate video streaming market growth potential.
Escalating Content Licensing and Production Costs
Global bidding wars for marquee franchises lifted scripted series budgets and live sports rights fees. Disney+ publicised plans to raise its original content investment by 83% to USD 7.7 billion by 2027, and Amazon projected a 70% rise to USD 6.46 billion. Smaller streamers faced an impossible calculus between niche differentiation and financial discipline. Studios shifted toward shorter seasons and unified production pipelines to ease cost pressure, yet overall expense lines stayed high, dampening margin expansion and forcing a sharper focus on monetization innovation.
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.
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.

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.

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
-
Netflix Inc.
-
Amazon.com Inc. (Prime Video)
-
Alphabet Inc. (YouTube)
-
The Walt Disney Company (Disney+, Hulu)
-
Tencent Holdings Ltd. (Tencent Video)
- *Disclaimer: Major Players sorted in no particular order

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.
Global Video Streaming Market Report Scope
Video streaming is a process of delivering real-time digital video content over the internet to end-users. It allows users to watch videos, movies, live events, TV shows, and other visual content on multiple internet-connected devices without downloading the entire video file.
The video streaming market is streaming type (live video streaming and non-linear video streaming), component (software and services), solutions (Internet Protocol TV, Over-the-Top (OTT), cable TV, and pay-TV), platform (gaming consoles, laptops & desktops, smartphones & tablets, and smart TVs), revenue models (advertising, rental, and subscription), deployment type (cloud and on-premises), end-users (enterprise and consumer), and geography (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The market sizes and forecasts are provided in terms of value in USD for all the above segments.
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 |
Live Video Streaming |
Non-Linear / VOD Streaming |
Software |
Services |
Over-the-Top (OTT) |
Internet Protocol TV (IPTV) |
Cable TV |
Pay-TV |
Smartphones and Tablets |
Smart TV |
Laptops and Desktops |
Gaming Consoles |
Subscription (SVOD) |
Advertising (AVOD/FAST) |
Rental / Transactional (TVOD) |
Cloud |
On-Premises |
Consumer |
Enterprise |
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 |
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: June 21, 2025