Live Streaming Market Expected Growth of Over $20 Billion

According to Technavio, the live streaming market size is expected to increase by USD 20.64 billion between 2025 and 2029—growing at a CAGR of 16.6% during the forecast period. 

Rising penetration of smartphones and easy access to internet is driving market growth, with a trend towards integration of advanced technologies with online streaming services. However, growing privacy regulations and security concerns poses a challenge. 

What's causing the growth in live streaming?

The live streaming market is booming with the rise of internet broadcasts and live television broadcasts. On-demand video streaming is also a significant trend, allowing content delivery through video hosting solutions and live event streaming.

Virtual events, online education, sports coverage, concert streaming, video sales, video game streams, church services, and local government streaming are popular use cases. Real-time communication and customization are essential features for engaging audiences.

Real-time transmission of professional sports, social media events, and video gaming sessions are also driving the market growth. Media players like RealPlayer from RealNetworks and webcasts on social media platforms are making video viewing accessible to everyone. 

Technological advancements, including AI, deep learning, and natural language processing, significantly enhance online streaming services by improving video quality and production processes.