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Report Limelight The Evolution of Video Streaming

The Evolution of Video Streaming

Benefits and trends in video streaming

Video streaming is the largest segment of the content delivery network(CDN) services market,representing around 65% of total revenue in 2019. According to IDC, video streaming revenue is expected to increase from $4.4 billion in 2019 to$11.9 billion in 2024, representing a CAGR of 21.9%. The added benefits that video streaming brings, has made it a leading choice for distributing media content, resulting in its accelerated growth versus traditional media delivery models such as TV. These benefits address the growing appetite of end users for rich media content available anywhere, anytime, and on any device.

Report Snap Shot

Trends:

  • Latency
  • Interactivity
  • WebRTC
  • Pivot to edge compute

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