Live streaming pay-per-view market opportunities and strategies to 2033, featuring key player profiles for ufc fight pass, sky group, amazon web services and espn+
Dublin, june 10, 2024 (globe newswire) -- the "live streaming pay-per-view global market opportunities and strategies to 2033" report has been added to researchandmarkets.com's offering. the global live streaming pay-per-view market reached a value of nearly $1.39 billion in 2023, having grown at a compound annual growth rate (cagr) of 15.42% since 2018. the market is expected to grow from $1.39 billion in 2023 to $3.11 billion in 2028 at a rate of 17.39%. the market is then expected to grow at a cagr of 16.56% from 2028 and reach $6.69 billion in 2033. growth in the historic period resulted from increased internet penetration, increased disposable income per capita, deployment of high-speed 5g networks, strong economic growth in emerging markets and increase in government support. factors that negatively affected growth in the historic period were stringent regulations. going forward, growth of subscription-based streaming services, increasing demand for live educational content and online courses, the rise in adoption of mobile devices and smart tvs and increasing sports audience will drive the market. factors that could hinder the growth of the live streaming pay-per-view market in the future include high licensing fees and content acquisition costs.
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