Global Video on Demand Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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May 2023
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This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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Video on Demand Market Report offers in-depth insights, revenue details, and other vital information regarding the global video on demand market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.
The Video on Demand Market report also offers insightful and detailed information regarding the various key players operating in the global video on demand market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.
The video-on-demand market is segmented on the basis of business models, delivery technology, application, industry verticals, and region.
Video on Demand Market Overview:
“The Video on Demand Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
Video on demand is a service that allows users to watch or record the desired video content. It also permits the viewer to live to stream the video or download it and play it at the place and time of his convenience.
Users can subscribe to the monthly or annual plan or can pay-per-view, sometimes the live streaming option is also available. Video on demand provides movie access, TV programs, web series, live streaming of concerts or shows, music, etc.
Increasing use of the internet and an increasing number of online video streaming websites are major factors driving the growth of the global video-on-demand market.
In addition, factors such as time-shifting view, consumer reach, and best possible experience are also driving demand for video on demand in the market globally.
In addition, high-speed data-enabled networks and service providers are further fueling the growth of the global video-on-demand market.
The pricing strategy of some prominent players is one of the restricting factors hampering the growth of the global video-on-demand market.
In addition, free online video service providers can raise piracy concerns which are negatively impacting the video-on-demand market globally.
Challenges such as digital right management, video formats, and diversified bit rate are holding back the video-on-demand market to reach its full potential.
North America leads in terms of market share and is projected to maintain its dominance during the forecast period, owing to multiple subscription options, and rising web content such as TV programs and web series.
The market in the Asia Pacific is expected to witness significant growth in terms of revenue owing to the development of high-speed internet services and consumer inclination toward western serials.
The market in Europe is expected to witness considerable growth in terms of revenue generation during the forecast period.
Video on Demand Market Segmentation:
Video on demand market segmentation by business model:
- Pay-TV Video on Demand
- Internet Protocol Television (IPTV)
- Over the Top Service (OTT)
Video on demand market segmentation by delivery technology:
- Transactional Video on Demand (TVOD)
- Subscription Video on Demand (SVOD)
- Near Video on Demand (NVOD)
Video on demand market segmentation by application:
- Entertainment
- Education and Training
- Network Video Kiosks
- Others (online commerce & digital libraries)
Video on demand market segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Netflix, Inc.
- com Inc.
- Home Box Office Inc.
- Hulu LLC
- iTunes (Apple, Inc.)
- Telefonaktiebolaget LM Ericsson (Ericsson Television)
- Verizon Communication
- YouTube
- Maxdome GmbH
- Canalplay