YouTube is increasingly considered a streaming platform in its own right. It seems to be quickly catching up with established players in the market by adding new features even faster.
The next big thing is streaming videos in 4K resolution.
Starting today, December 1st, it will be possible for all content creators to stream in 4K 1080p resolution. 
YouTube is establishing itself as an all-purpose video site, and the company was quick to point out that this feature can be used for large events such as immersive streaming of events and concerts.
For creators, this means they’ll be able to benefit from incredibly clear images and streaming video, which can help promote their material (and their talent). And with 360 4K live streaming, we’re literally pushing the envelope. Get ready for concerts and events with 360-degree streaming that looks sharper, clearer, and brighter than ever before.
Of course, this feature will allow YouTube to increase its revenue in the lucrative e-sports market.
It's a market that was recently valued at around $1 billion, and is now in a near-steady growth phase. Given that both the Xbox One and PlayStation 4 were updated this year with improved support for 4K content, it was the perfect time to introduce this feature.
