Live Streaming Video and Camera Market Share

APEC Market Statistics

The Asia Pacific excluding China live streaming video and camera market is predicted to reach USD 55.87 billion by the end of 2037 from USD 8.82 billion in 2024. This growth can be attributed to factors such as a large population base and high usage of smart devices and social media platforms. The surge in number of gamers across the region excluding China is anticipated to influence the expansion of the live streaming video and camera market revenue going ahead. For instance, in the year 2024, Asia Pacific is projected to experience the highest number of gamers reaching over 1 billion who are actively playing compared to all other regions.

Moreover, many key players are heavily investing in several e-sports events, leading to expansion of market. For instance, the League of Legends 2023 World Championship become the highest-watched eSports tournament of all time, with a stipulated 6.4 million peak watchers. The second highest-watched tournament was the Free Fire World Series 2021 in the nation of Singapore, with 5.41 million peak spectators.

The live streaming video and camera market in India is expected to register a substantial revenue CAGR over the forecast period owing to rising number of OTT platforms in this country, significantly providing various offers and cost cuts to the customers and rising number of social media influencers and content creators.  

The live streaming video and camera market in Japan is expected to experience rapid growth between 2025 and 2037. This growth can be attributed to the surging genZ population and increasing investments in launching new products and technology.

North America Market Analysis

The live streaming video and camera market in North America is poised to gather notable revenue during the forecast period owing to the presence of advanced technological infrastructures and social media influencers and high penetration of smartphones, laptops, and other smart devices. For instance, as per GSMA, North America is predicted to see 87% of smartphone adoption by 2028.

The U.S. market is a significant contributor due to high internet penetration, rise of 4G and 5G technologies, and increasing usage of smartphones for live streaming Moreover, there are many key players in the US, focused on launching novel technologies and devices. This is expected to boost market demand in this country. 

The live streaming video and camera market in Canada is expected to register rapid revenue growth in the coming years owing to increasing mobile penetration and high adoption of advanced livestreaming devices and technology.