Market Overview
In 2024, the worldwide video streaming industry revenue is projected to stand at USD 157.2 billion, and growing at a CAGR of 21.6% over the projection period, it is set to attain USD 508.8 billion by the end of the decade. This can be credited to the growing use of artificial intelligence and blockchain tech to upgrade video quality. AI is now playing a vital role in cinematography, editing, scriptwriting, voice-overs, and numerous other aspects of video production and upload.