A Potential $223.98 Billion Video Streaming Market You Shouldn’t Miss

September 09, 2021 - Baystreet.ca

Live streaming is quickly becoming the future of social media. There’s so much growth ahead, Grand View Research says the video streaming market could reach $223.98 billion in the next seven years, with “the growing adoption of cloud-based video streaming solutions for increasing the reach of video content is directly influencing the growth.” In addition`n, according to Tech Crunch, “The livestreaming boom is driving a significant uptick in the creator economy, as a new forecast estimates consumers will spend $6.78 billion in social apps in 2021. That figure will grow to $17.2 billion annually by 2025, according to data from mobile data firm App Annie, which notes the upward trend represents a five-year compound annual growth rate (CAGR) of 29%.” That could be substantial news for Hello Pal International (CSE:HP)(OTC:HLLPF), Microsoft Corporation. (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Facebook Inc. (NASDAQ:FB), and Twitter Inc. (NYSE:TWTR).

Look at Hello Pal International (CSE:HP)(OTC:HLLPF) For Example

Hello Pal International, a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce the engagement of Maxim Group LLC for general advisory and investment banking services in connection with a potential up-listing of Hello Pal’s common shares on the NASDAQ Capital Market in 2022.

By up-listing to NASDAQ, Hello Pal aspires to gain new exposure and access to a larger base of retail and institutional investors in the United States and internationally. Hello Pal believes that the NASDAQ is the world's pre-eminent exchange for technology based companies. Management believes that the up-listing will bring significant value to Hello Pal. The listing of Hello Pal’s common shares on NASDAQ is subject to the approval of that exchange and the satisfaction of all applicable listing requirements, and there can be no assurance that these requirements will be met.

KL Wong, Chief Executive Officer of Hello Pal, states “We are very pleased in taking this next step forward with our new strategic advisor, Maxim. Their expertise in the US capital markets, and experience in the NASDAQ listing process is accretive for Hello Pal and its shareholders. We look forward to working together as we continue to grow.”

Hello Pal does not currently plan to undertake any financings in connection with an up-listing on NASDAQ and looks forward to keeping its shareholders updated on its progress as it moves forward.

Under the terms of the engagement, Maxim will receive a cash fee and up to 400,000 restricted common shares upon certain milestones being achieved. The initial term of the agreement is for a period of twelve (12) months.

Other related developments from around the markets include:

Microsoft Corporation and EY announced the expansion of their strategic relationship to further align EY business ingenuity with Microsoft’s cloud technologies to create long-term value for their respective clients with an incremental US$15b growth opportunity over the next five years. The increased collaboration will focus on launching new solutions and platforms that help organizations address business and societal challenges at scale through digital transformation. The relationship concentrates on helping clients reinvent back office operations and innovate in key regulated sectors like financial services, energy, health, government and manufacturing.

Apple Inc. announced that it is working with several states across the country, which will roll out the ability for their residents to seamlessly and securely add their driver’s license or state ID to Wallet on their iPhone and Apple Watch. Arizona and Georgia will be the first states to introduce this new innovation to their residents, with Connecticut, Iowa, Kentucky, Maryland, Oklahoma, and Utah to follow. The Transportation Security Administration (TSA) will enable select airport security checkpoints and lanes in participating airports as the first locations customers can use their driver’s license or state ID in Wallet. Built with privacy at the forefront, Wallet provides a more secure and convenient way for customers to present their driver’s licenses and state IDs on iPhone or Apple Watch.

Facebook Inc. reported financial results for the quarter ended June 30, 2021. "We had a strong quarter as we continue to help businesses grow and people stay connected," said Mark Zuckerberg, Facebook founder and CEO. "I'm excited to see our major initiatives around creators and community, commerce, and building the next computing platform coming together to start to bring the vision of the metaverse to life."

Twitter Inc. announced financial results for its second quarter 2021. “As we enter the second half of 2021, we are shipping more, learning faster, and hiring remarkable talent," said Jack Dorsey, Twitter's CEO. "For example, our increased shipping cadence contributed to reaching 206 million average monetizable DAU (mDAU) in Q2, up 11% year over year and 3% quarter over quarter. There's a tremendous opportunity to get the whole world to use Twitter."

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. AI/ML Innovations Inc. has paid three thousand five hundred dollars for advertising and marketing services to be distributed by Winning Media. Winning Media is only compensated for its services in the form of cash-based compensation. Winning Media owns ZERO shares of Hello Pal International. Please click here for full disclaimer.

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