Video on Demand Market is estimated to grow with a CAGR of 11.5% during the forecast period
The report "Global Video on Demand
Market, By Business Model (TV Video, On Demand Internet Protocol Television
(IPTV), Over The Top Service (OTT)), By Delivery Channel (Transactional Video
On Demand (TVOD), Subscription Video On Demand (SVOD), Advertisement Video On Demand
(AVOD), And Hybrid (SVOD AVOD)), By Application (Entertainment, Education and
Training, Network Video Kiosks, and Others (Online Commerce & Digital
Libraries)) and By Region (North America, Europe, Asia Pacific, Latin America,
and Middle East & Africa) - Trends, Analysis and Forecast till 2030’’
Key Highlights:
·
In 2021,
Valhalla Media has announced the introduction of ARIS, a new livestream and
video-on-demand platform for performing arts groups, educational institutions,
and independent artists, which will be available in early December.
·
In 2021,
Following a merger deal with Digital World Acquisition Corp., the former
president will launch Trump Media & Technology Group, which will result in
the company becoming a publicly traded company, subject to regulatory and
stockholder approval. Trump Media & Technology Group will be valued at $875
million at the outset of the transaction.
Analyst View:
The worldwide video on demand (VoD) business has
benefited greatly from the increasing use of the internet in all parts of the
world. Due to numerous online facilities and the availability of streaming,
there has been an increase in demand for high-quality internet services via
mobile networks or landline lines. The growing popularity of video on demand
services is due to the availability of high-bandwidth and fast-paced internet
connections. The expansion of the global video on demand market will be aided by
the adoption of multiscreen services for content streaming and the increasing
uptake of smartphones in the coming years.
To know the upcoming trends and insights
prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Video-on-Demand-Market-1002
Key Market Insights from the report:
The Global Video on Demand Market size was valued
at USD 59.62 billion in 2020 and expected to expand to USD 177.35 billion at a
compound annual growth rate (CAGR) of 11.5%. The global video on demand market
is segmented into business model, delivery channel, application, and region.
·
Based on
Business Model, Global Video on Demand Market is segmented into TV Video, On
Demand Internet Protocol Television (IPTV), Over The Top Service (OTT).
·
Based on
Delivery Channel, Global Video on Demand Market is segmented into Transactional
Video On Demand (TVOD), Subscription Video On Demand (SVOD), Advertisement
Video On Demand (AVOD), And Hybrid (SVOD AVOD).
·
Based on
Application, Global Video on Demand Market is segmented into Entertainment,
Education and Training, Network Video Kiosks, and Others (Online Commerce &
Digital Libraries).
·
By Region, the
Global Video on Demand Market is segmented into North America, Europe, Asia
Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of
Global Video on Demand Market:
The key players in the video on demand (VOD)
market include Amazon Incorp., Hulu LLC Corporation, Verizon Communication LLC,
Apple Incorp., Netflix Incorp., Telefonaktie bolaget LM Ericsson (Ericsson
Television), YouTube, Comcast Corp, Hotstar and Canalplay.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent
collaborations, mergers, acquisitions, and partnerships along with regulatory
frameworks across different regions impacting the market trajectory. Recent
technological advances and innovations influencing the global market are
included in the report.
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