NEW YORK, October 14, 2016 /PRNewswire/ --
The global video streaming market has been growing
substantially, largely due to the growth of mobile based streaming.
Video content is slowly becoming the more prominent form of
absorbing information, and as a result there has been an increase
in digitization and growth of video content delivery network among
businesses. Facebook Inc. (NASDAQ: FB), Twitter Inc. (NASDAQ:
TWTR), ChineseInvestors.com Inc. (OTC: CIIX), SINA Corp. (NASDAQ:
SINA), Weibo Corp. (NASDAQ: WB)
A research report by MarketsandMarkets discusses the global
video streaming market in detail. The report predicts that in
coming years 50% of viewers would stream online video from their
smartphones. The increasing usage of cloud-based video streaming
solutions is also helping this market to grow. The emergence of
cloud-based video streaming solutions allows small companies to
adopt these video streaming solutions without major expanses on IT
resources. The research indicates the global video streaming market
to grow from USD 30.29 Billion in
2016 to USD 70.05 Billion by 2021, at
a CAGR of 18.3%.
Large social media companies like Twitter
Inc. (NASDAQ: TWTR) have capitalized on the
increasing popularity of video streaming. Twitter has signed deals
with National Football League and National Basketball Association
to draw a larger audience to their platform. Facebook
Inc. (NASDAQ: FB) has seen its revenues skyrocket
over the last two years because of the popularity of the video
streaming feature. The company has deals with over 100 celebrities
and media companies to produce videos for Facebook Live.
Companies with a more specific focus like
ChineseInvestors.com Inc. (OTCQB: CIIX) are also seeing the
earnings potential of live video streaming. The company provides
video streaming services to VIP members, who can gain from a more
personalized experience with the video content. Earlier this year
the company's VIP membership subscription growth hit record
highs.
Last month, ChineseInvestors.com Inc. (CIIX) announced it
has formed a strategic partnership with Tiger Brokers, the largest
online financial brokerage in China. China-based investors in the US stock
exchanges have reached a level of 1 million people this year, and
that number is increasing annually as per Tiger Brokers research.
Just this week SeethruEquity, a company that describes itself as a
leading independent equity research firm, views
ChineseInvestors.com as a high-risk/high-reward investment
opportunity in the micro-cap Internet information provider and
financial media space, with potential for upside if the company can
generate renewed traction with its investor relations services
business.
Chinese companies have been quite innovative providing new live
stream services and features. Following the examples of Facebook
and Twitter, SINA Corp. (NASDAQ: SINA) together with
Weibo Corp. (NASDAQ:WB) launched live
streaming services earlier in May which serves a venue for Weibo to
acquire new users. Weibo itself is a live platform with features
like live moments live events, and live interactions constantly
updated 24x7.
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