JAKARTA, October 9 – The video streaming market in the Asia-Pacific region is set to skyrocket, projected to reach $112.89 billion by 2030, with a compound annual growth rate (CAGR) of 22.5%. This growth is driven by the widespread adoption of mobile-first streaming services, particularly in Indonesia and Malaysia, where 69% and 86% of users, respectively, rely on mobile devices for streaming.
Agora, Inc. is capitalizing on this surge by expanding its Real-Time Communication (RTC) technology, offering seamless voice, video, and interactive features for businesses across APAC. Agora currently powers 60 billion minutes of live communication per month, serving over 1,700 clients globally. As part of its growth strategy, Agora is integrating AI-powered innovations such as real-time transcription (RTT) and noise suppression, further enhancing the user experience in the region.
This expansion into high-growth markets, including South Korea, Japan, and Vietnam, positions Agora as a leader in the fast-evolving landscape of video streaming and real-time engagement.
