The Video Streaming Market is Exploding. To stream or not to stream? Even Shakespeare couldn’t have envisioned the scope of this phenomenon. Streaming was projected to become a 70.05-billion-dollar industry by 2021, but that number was likely surpassed when COVID-19 quarantines restricted entertainment options. Anticipated CAGR of 18.3% is likely under-reported and product variety isn’t the only reason streaming is so popular. Businesses using streaming technology as marketing and advertising tools — led by high-profile platforms like Netflix, Amazon, and Hulu — offer viewers a smorgasbord of options that are especially appreciated by smartphone and tablet users.
100 Mind-Blowing Projected Facts
Quantum computing is projected to reach $780 million by 2025.
The cybersecurity unemployment rate is near zero per cent and is projected to remain there for the foreseeable future. (Cybersecurity Ventures)
Global revenues from AI for enterprise applications are projected to grow from $1.62B in 2018 to $31.2B in 2025.
The contribution of AI to the global economy is projected to hit $15.7 trillion by 2030.