The Video Streaming Market in China is being driven by Rising demand for live-streamed content
The Video Streaming Market in China is expected to grow at a CAGR of 43.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 192.1 billion. The video streaming market in China is poised for significant growth, driven by technological innovations such as artificial intelligence (AI), blockchain technology, deep learning, and natural language processing (NLP). These advancements are expected to revolutionize the industry by enhancing video quality and creating numerous business opportunities. AI is increasingly being utilized for various aspects of video production, including scoring, editing, cinematography, scriptwriting, voice-overs, and content moderation. Major players in the market are leveraging AI to improve content quality and prevent offensive material from being shared. Furthermore, the proliferation of online streaming services across multiple media platforms, such as YouTube and Netflix, is projected to continue expanding during the forecast period.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
174 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 43.8% |
Market growth 2025-2029 |
USD 192.1 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
31.4 |
Key countries |
China, APAC, and China |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Video Streaming Market in China is witnessing significant growth, driven by advanced Software Platforms and Content Delivery systems. With improving Internet Connectivity, Video Data Traffic is surging. Educational Video Courses from Y2k Solutions lead the way, while Live Streaming gains popularity. Generative AI and Large Language Models like LLMs enhance Content Personalization. Machine Learning powers Content Quality. Mobile phones and Social Media dominate consumption, with Branding key. Cloud-based solutions, Digital experiences, and Over-the-top (OTT) platforms offer Exclusive content, challenging Cable and Satellite subscriptions. Real-time video streaming on Smart TVs is the new norm.
The Video Streaming market in China is a significant segment of the larger global Movies and Entertainment industry. This sector encompasses businesses specializing in software platforms, content delivery, and internet connectivity solutions, enabling the transmission of video data traffic. Key players include Y2K Solutions, offering educational video courses, and those specializing in live streaming and generative AI for content personalization. The market's size is determined by the combined revenue generated by these companies providing media, entertainment, and interactive media and services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
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