Streaming Devices Market Size

Streaming Devices Market size was USD 12.3 billion in 2024 and is estimated to reach USD 68.1 billion by the end of 2037, expanding at a CAGR of 14.1% during the forecast period, i.e., 2025-2037. In 2025, the industry size of streaming devices is estimated at USD 14 billion.

Streaming devices are modern-day sources of entertainment and communications. The growing easy and seamless accessibility to internet services worldwide is significantly augmenting streaming device sales. The global expansion of broadband internet infrastructure coupled with the rollout of the 5G network and advanced cloud platforms makes content streaming faster and of high quality. The World Broadband Association estimates that the integration of artificial intelligence is substantially transforming broadband and cloud solutions performance.

According to the Broadband and Cloud Development Index (BCDI) report by the World Broadband Association, in Q1FY24, over 1 billion fiber broadband subscriptions were totaled for the 62 countries included in the report. Fiber subscriptions increased from 49% in 2022 to 53% by 2023, making it a dominant broadband technology for streaming movies and playing online games. The U.K. is one of the major European countries with above-average broadband scores and Egypt, followed by South Africa and Nigeria with above-average cloud scores. In Egypt, the fixed broadband penetration is around 40%. Furthermore, Oman, Romania, Brazil, China, and Slovakia are some other countries with high broadband coverage and adoption. Thus, the analysis suggests that streaming device manufacturers have a profitable scope in Africa and Europe.