How Live Streaming Is Changing the World as We Know It

The popularity of video content has been growing immensely over the last few years. The primary reason behind that is the rapid development of video technology. In fact, the advances in that field made videos so popular that research by Cisco predicted that 80% of entire internet traffic would consist of videos by 2021. However, out of all types of video content, one had the biggest impact — live streaming video.To get more news about 39bet-kết quả bóng đá-kết quả xổ số miền bắc-kèo bóng đá -soi cầu bóng đá-đặt cược, you can visit official website.

Nowadays, 63% of the population aged 18–34 enjoys live streaming content daily. That makes live streams one of the most popular types of online content! And experts worldwide are aware of that. Because of such immense popularity of live broadcasting, professionals estimate that the live streaming market will be valued at about $70 billion by 2021.

With all that said, it should be crystal clear that the streaming industry is only going to get bigger. But how does that affect the world as we know it? Or better yet, what impact did live streaming have on various global industries? That is what we’re here to find out!
The rise of video and live streaming content has gradually led to a transition of traditional media forms to the online world. From newspapers, flyers, and billboards to blogs, banners, and video ads, digital media has quickly overtaken its traditional counterpart. And since digital media became so popular, when live streaming started gaining traction, it did so with a bang!

It didn’t take long for live streaming to become a staple of most news websites. Now, instead of waiting for the 6-o’clock broadcast, you can record live news at any time, anywhere. And if you combine readily accessible live content with the overwhelming reach of social media platforms, you get yourself a winning combo. The joint effort of the news and the live streaming industries has boosted the global information flow significantly.
The entertainment industry also took a massive turn with the rise of live broadcasting. Namely, the popularity of traditional TV began declining with the rise of OTT services like Hulu, Roku, Netflix, Disney+, and similar.

These services offer users the ability to watch on-demand content, making them superior to traditional television. For the first time ever, viewers can now request what shows they want to enjoy at the click of a button. But what makes these services so appealing is that you can consume video content at any time. Traditional TV doesn’t offer that flexibility, unfortunately.

With all that said, it shouldn’t be surprising that OTT services blew up quickly. Experts even predict that various OTT services will have over 383 million active subscribers by 2021! Oh, and if you add the availability of different OTT platforms to all the benefits mentioned above, you can see why live streaming in the entertainment industry is a growing trend. Nowadays, you can stream your favorite films and series from a wide variety of platforms, such as phones, smart TVs, tablets, or even gaming consoles.
We must not underrate the impact of live streaming on education! And if you’re wondering what it is, it’s pretty simple — this technology has opened up a plethora of learning opportunities worldwide. Today, you don’t have to visit a classroom to learn anymore. Instead, you can do it from the comfort of your home!

Live video has proven invaluable for increasing global access to education by enabling a variety of online classrooms, workshops, and schools. That has proven particularly useful for underdeveloped countries lacking learning opportunities. There, people can now interact with experts and teachers from across the world. But that is not where the benefits of live streaming for education end!

During times of crisis, such as the ongoing global pandemic, live video enabled schools and universities to continue working throughout lockdown. In fact, this technology has proven so successful that many are considering making remote learning a permanent option, even post-COVID-19.

Taking all of the above into account, it’s not far-fetched to assume that global educational systems might undergo significant changes soon.