APAC Video Streaming Market to Reach $112.89 Billion by 2030, Agora Targets Real-Time Communication Expansion

“We are seeing unparalleled growth in the video streaming market, and Agora’s technology is at the forefront of this revolution,” said Tony Wang, Co-Founder and Chief Revenue Officer at Agora. “Our commitment to innovation ensures we meet current demands while anticipating future trends like AI integration, multimodal communication, and immersive AR and VR experiences. The key is enabling businesses to deliver real-time, interactive experiences that keep users engaged, no matter where they are.”

Agora’s Real-Time Engagement Platform currently supports more than 60 billion minutes of live voice and video each month, serving over 1,700 clients in more than 200 countries. This represents a 14% year-on-year increase, underscoring the platform’s growing significance in powering critical communication services across various industries. Agora’s technology has become integral to the success of 60% of the top 1v1 video apps by revenue, 45% of leading dating apps in Southeast Asia, and 65% of the top 20 voice chat rooms in the region. Furthermore, Agora holds a dominant 40% share among leading live-streaming apps, the highest among third-party RTC providers.