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SAN FRANCISCO, Jan. 28, 2021 /PRNewswire/ The global live streaming pay-per-view market size
is expected to reach USD 2.3 billion by 2027, according to a new report by Grand View Research, Inc. The market is expected to
expand at a CAGR of 15.0% from 2020 to 2027. The rising demand for online Transactional Video-on-Demand (TVoD) propels the growth of the market. The TVoD services have notably augmented its viewers owing to the increasing number of webcasting of various sports events globally. For instance, Meerkat and Periscope are live streaming applications that host live professional boxing matches on a pay-per-view basis. The streaming app generates a significant amount of revenue from boxing events and from webcasting of events every year.