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Twitch has no competiton. As of 2024 they had 61% of total watch time across all live streaming platforms. It's the kind of share that other industries would kill to have. None of the other streaming markets or even VOD platforms can achieve these numbers.
Take music streaming, Spotify only has ~32% of the market share even though they are kind of ubiquitous with music streaming at this point.
Out of curiosity, how much did they have in 2019?
Edit: Nvm, found article with some data: it was 73%... ... And in 2018 it was 75%
https://www.gamesindustry.biz/mixer-facebook-gaming-chipped-away-at-twitch-market-share-in-2019
I like where thone numbers are going.
Toward YouTube and Google instead? If you say so.
I don’t know where you’ve got those figures from, but according to this source, youTube has over 50% of the live streaming market, as measured in watch-hours. Then it’s TikTok, and then twitch.
https://streamhatchet.com/reports/2024-yearly-report-in-live-streaming-trends/
Either that’s paid, or my browser’s being funny and not letting me download it. I found what appears to be a breakdown of those stats here: https://streamlabs.com/content-hub/post/streamlabs-and-stream-hatchet-q4-2024-live-streaming-report
The numbers match up to your claim, give or take. You’ll notice, however that that’s only talking about gaming streams.