Explosive Growth in Video Streaming Software Market: $13.3B in 2024 to $29.7B by 2029
Jakson25824 Sep, 2024Technology
The global video streaming software market continues to experience robust growth, driven by increasing internet penetration, rapid adoption of smartphones and smart TVs, and the rising demand for on-demand entertainment. The COVID-19 pandemic has further accelerated the growth of this market, as lockdowns and social distancing measures led to a surge in online streaming consumption. However, the market faces economic uncertainties from geopolitical tensions, inflationary pressures, and rising interest rates.
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