According to the research report titled ‘Global Video Streaming Infrastructure Market - Analysis By Streaming Type (On Demand, Live), Component (Hardware, Software, Services), End User, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)’, available with Market Study Report LLC, global video streaming infrastructure market was worth USD 15.9 billion in 2020 and is anticipated to exhibit a healthy growth over the forecast period 2021-2026.
 

As per the findings of the report, global video streaming infrastructure market is primarily driven by accelerated digitalization, increasing penetration of mobiles and tablets, expanding accessibility to internet technologies like 3G, 4G, and LTE, and rising popularity of online live streaming among individuals.
 

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Speaking of the recent developments, the Covid-19 pandemic has forced people across the globe to make an abrupt shift from working in office to working from home. Moreover, education of students has been affected by school closures and subsequently benefitted e-learning platforms. These factors have changed digital behavior and prompted communication services providers to better support society with digital communication capabilities, and in the process, have rendered a positive impact on the overall video streaming infrastructure outlook.
 

People are leveraging several live streaming platforms to stay updated on the Covid-19 status, get entertained and socialize online. In this context, digital content consumption has grown at an exponential rate and streaming platforms like Twitch, YouTube Live and Facebook Live are thriving.
 

Considering the geographical scope, Americas, Europe, and Asia Pacific are the prime hubs for the market growth. Experts cite that Asia Pacific market is slated to robust expansion in the ensuing years, creditable to surging demand for high-speed internet connectivity, rising integration of advanced technologies like blockchain and artificial intelligence in video streaming, and escalating adoption of could-based streaming solutions for wider video content reach.
 

Major players influencing worldwide video steraming infrastructure industry sphere are SeaChange International Inc., Telefonaktiebolaget LM Ericsson, ZTE Corp., Nvidia Corp., Huawei Technologies Co. Ltd., Brightcove Inc., Plantronics Inc., Wowza Media Systems LLC, IBM Corp., and Haivision Systems Inc.
 

Industry players are partnering with video streaming service providers for new product development and better content delivery. Moreover, they are also undertaking acquisitions and mergers deals to gain a larger customer base and enhance profits.