The latest report by IMARC Group, titled “Live Streaming Pay-Per-View Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global live streaming pay-per-view market size reached US$ 1.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.73 Billion by 2028, exhibiting a growth rate (CAGR) of 14.20% during 2023-2028.
Live streaming pay-per-view is a digital content distribution model where viewers pay to access and watch a live event or broadcast online. In live-streaming pay-per-view, viewers typically purchase a virtual ticket or access pass to the event they want to watch. This payment grants them the ability to stream live content in real time through their internet-connected devices, such as computers, smartphones, or smart TVs. The content is often protected by digital rights management (DRM) to prevent unauthorized access or distribution. It allows content creators and rights holders to monetize their live events directly, reaching a global audience without the need for traditional broadcast infrastructure. This model also provides flexibility in pricing, enabling different tiers of access and revenue generation options. In recent years, live streaming pay-per-view has gained immense traction across the globe with the rise of internet streaming platforms and is extensively utilized for various types of content, including sports events, concerts, conferences, and exclusive online shows.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/live-streaming-pay-per-view-market/requestsample
Live Streaming Pay-Per-View Market Trends and Drivers:
The global live-streaming pay-per-view market is primarily driven by the increasing consumer demand for live and exclusive content, such as sports events, concerts, and gaming tournaments. Apart from this, the rapid proliferation of high-speed internet connectivity and the rising adoption of smartphones and smart TVs that make it easier for users to access and enjoy live-streaming content are other major growth-inducing factors. Moreover, the shift toward online entertainment amid the coronavirus (COVID-19) pandemic that pushes traditional broadcasters and content providers to explore pay-per-view live streaming as a viable revenue stream is positively influencing the market growth. Additionally, the enhanced flexibility and convenience offered by pay-per-view models, where users pay for the specific content they want to watch that resonates with consumers who seek customized viewing experiences, is propelling market growth. Furthermore, rising partnerships between live streaming platforms and content creators and the rapid globalization of entertainment content are contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Type Insights:
- Cloud-based
- On-premises
Application Insights:
- Sports
- Media and Entertainment
- Education
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Amazon Web Services Inc. (Amazon.com Inc.)
- Dacast Inc.
- Hulu LLC (The Walt Disney Company)
- InPlayer Ltd.
- Muvi LLC
- Phando
- Prestosports Inc. (Clubessential LLC)
- StreamGate Pty Ltd.
- StreamingVideoProvider
- Vimeo.com Inc.
- Wowza Media Systems LLC
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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