Frequently Asked Questions
When planning how to start an online video streaming business, you need to consider all the aspects of video streaming. These are content, monetization, and marketing strategies and functionality. After handling them, you can proceed to build a streaming website using a suitable tech stack.
The first video streaming service was StarWorks. It was launched in 1992, allowing its users access to full-motion videos via Ethernet networks on-demand. Since then, the technologies that fuel video streaming have significantly improved. Now users can stream 4K videos on any device anytime.
According to Statista, the number of video streaming service users in the world will reach 1.07 billion in 2021, generating $71,237 million revenue. In the future, the video streaming market is expected to grow further, with the average revenue per user (ARPU) exceeding $76 by 2025.
The video streaming services’ work is powered by protocols and codecs. Streaming protocols determine how the content is divided into chunks, and codecs encrypt and decrypt the stream. In short, video streaming is the process of breaking content into pieces and sending them via the Internet.