In 2018, the number of people using social media to watch video content reached an all-time high. By the year 2022, this number will have tripled. That’s an astronomical rise, and it means that live streaming will continue to become more popular.
Live Streaming 2022
There are two main reasons that live streaming will remain popular: First, there’s a clear audience for it. In other words, if your audience is watching videos, they’ll be interested. Second, people don’t have a lot of time to watch long-form videos.
Second, many people who use live streaming services don’t pay for premium packages that go live here. It’s also more difficult for those with limited budgets to pay for premium services. However, with the rise of SaaS (software as a service) and 4K resolution televisions.
It will be much easier to make a living from live video. Despite this, many people don’t realize that it’s more affordable and easier to start your own channel.
5G cellular networks will help live streamers reach more viewers. These new networks will cut latency by 10X, and offer 100X faster speeds than 4G LTE networks. This will ultimately increase direct revenue from the use of live streaming by 83% by 2028. Fourth, SaaS will be a huge benefit to live streamers, as it will allow them to make more money with their content.