Games Live Streaming - Chile | Statista Market Forecast

In Chile, revenue in the Games Live Streaming market market is projected to reach US$76.15m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 7.01%, resulting in a projected market volume of US$106.90m by 2029.
In the Games Live Streaming market market in Chile, the number of users is expected to amount to 6.0m users by 2029.
User penetration will be 21.8% in 2024 and is expected to hit 30.1% by 2029.
In global comparison, most revenue will be generated China (US$2.58bn in 2024).
The average revenue per user (ARPU) in the Games Live Streaming market market in Chile is projected to amount to US$17.80 in 2024.
In Chile, the Games Live Streaming market is witnessing a surge in popularity, driven by increased internet accessibility and a growing gaming community.

Definition:

Games live streaming refers to the practice of broadcasting video gameplay and commentary in real-time to an online audience. The market for games live streaming encompasses a wide range of platforms, services, and products, including streaming platforms.

Additional Notes:

The market comprises revenues, users, average revenue per user, and penetration rates. Revenues are generated through advertising and consumer spending on subscriptions and gifts. Market numbers for Esports live streaming are also featured in the Esports market. Key players in the market are live streaming platforms, such as Twitch, Youtube Gaming or Facebook Gaming. For more information on the data displayed, use the info button right next to the boxes.

Live streaming advertising, such as ads on Twitch
Consumer spending on platforms, such as subscriptions or donations to streamers on e.g. Twitch
Sponsorships for special status of streamers, such as being a Twitch partnered streamer
Live streaming of non-related gaming content, such as In Real Life content on Twitch, e.g. cooking

Live streaming TV content, such as television streams
Any form of live streams not provided on gaming streaming platforms (Twitch, YouTube Gaming, Facebook Gaming, etc.), such as Instagram or TikTok live streams

The Games Live Streaming market in Chile has been experiencing significant growth in recent years. This can be attributed to several factors, including customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. Customer preferences in Chile have shifted towards online gaming and live streaming. With the increasing popularity of eSports and competitive gaming, there is a growing demand for platforms that allow users to watch and interact with their favorite gamers in real-time. This has led to an increase in the number of gamers who are streaming their gameplay live on platforms such as Twitch and YouTube. Additionally, the younger generation in Chile is more tech-savvy and accustomed to consuming content online, making live streaming an attractive option for entertainment. Trends in the market have also contributed to the growth of Games Live Streaming in Chile. The rise of mobile gaming has made it easier for gamers to stream their gameplay on the go. With the increasing availability of high-speed internet and affordable smartphones, more gamers in Chile are able to participate in live streaming. Furthermore, the COVID-19 pandemic has accelerated the adoption of online entertainment, including live streaming, as people spend more time at home and look for alternative forms of entertainment. Local special circumstances in Chile have also played a role in the development of the Games Live Streaming market. Chile has a vibrant gaming community with a strong presence in eSports. The country has hosted several international gaming tournaments, attracting gamers and fans from around the world. This has helped to raise awareness and interest in live streaming among the local population. Additionally, the government has been supportive of the gaming industry, providing incentives and infrastructure to promote its growth. Underlying macroeconomic factors have also contributed to the growth of the Games Live Streaming market in Chile. The country has a stable economy with a growing middle class, which has led to an increase in disposable income. As a result, more people in Chile have the means to invest in gaming equipment and accessories, as well as support their favorite gamers through subscriptions and donations on live streaming platforms. Furthermore, the increasing availability of high-speed internet and technological advancements have made it easier for gamers to stream their gameplay without significant technical barriers. In conclusion, the Games Live Streaming market in Chile is developing rapidly due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The increasing demand for online gaming and live streaming, coupled with the rise of mobile gaming and the impact of the COVID-19 pandemic, has fueled the growth of the market. Additionally, the vibrant gaming community, government support, and favorable macroeconomic conditions in Chile have further contributed to the development of the Games Live Streaming market.

Data coverage:

Figures are based on company revenues, consumer spending, consumer spending on platforms, advertising spending, annual reports and funding data.

Modeling approach / Market size:

Market sizes are determined by a Top-Down approach, based on a specific rationale for the market. As a basis for evaluating markets, we use reports, third-party studies, research companies. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, internet penetration. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the S-curve function and exponential trend smoothing are well suited to forecast digital products and services due to the non-linear growth of technology adoption. The main drivers are consumer spending per capita, level of digitalization, video gaming revenues.

Additional Notes:

The market is updated twice per year in case market dynamics change. Consumer Insights data is unbiased for representativeness.

This report presents a comprehensive analysis and additional information on the Advertising & Media market, in a PDF format.

Live video content is no longer a novelty. In the entertainment industry, the popularity of live streaming as a format has been linked to the gaming world. Almost thirty percent of internet users worldwide watched live streaming content weekly in the last quarter of 2023. Breaking news and sports were the most popular categories of livestream videos among U.S. audiences as of March 2024.