The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing popularity of video game streaming is considerably contributing to the future growth of the streaming media devices market.

The global streaming media devices market size is expected to grow from $12.31 billion in 2022 to $14.42 billion in 2023 at a compound annual growth rate (CAGR) of 17.1%. The global streaming media devices market size is expected to reach $26.84 billion in 2027 at a CAGR of 16.8%.

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Global Streaming Media Devices Market Segments Include:

• By Device Type: Game Consoles, Media Streamers, Smart TVs
• By Application: E-Learning, Web-Browsing, Gaming, Real-Time Entertainment, Social Networking
• By End-Use: Commercial, Residential
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global streaming media devices market in 2021.

Major Market Players in the streaming media devices market include  Google LLC, Sony Corporation, Roku Inc., Samsung Electronics Co. Ltd., Apple Inc., Amazon.com Inc., Nvidia Corporation, Koninklijke Philips N.V.

Product innovation is a crucial trend that is gaining traction in the market for streaming media devices. To effectively compete with the increased competition, major players in the streaming media devices industry are focusing on producing new streaming media devices at lower prices and with more features. For example, in March 2023, Allente, a Swedish Nordic TV distribution company, collaborated with 3 Screen Solutions GmbH & Co. KG, a German company specialising in software development, software development & design, and video on demand, and SEI Robotics Inc., a Chinese smart hardware company, to launch Allente’s new 4K dongle for OTT (over-the-top) TV. The new service provides enhanced user experience (UX) to Allente’s clients, made possible by the tried-and-true 3Ready product framework.

The Streaming Media Devices Global Market Report 2023  provides a streaming media devices market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The streaming media devices market forecast analyzes streaming media devices market size, streaming media devices market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Streaming media devices are pieces of gear that allow music and video to be streamed to TVs. It is packaged in little cube boxes that are placed in front of televisions and other visual sources to connect to streaming services.

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