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on May 30, 2024
Video on Demand Market Expected to Reach $257.59 Billion by 2029
Market Overview:
The Video on Demand (VoD) Market, valued at US$82.77 billion in 2022, is projected to grow at a CAGR of 17.6% through 2029, reaching an impressive $257.59 billion. This robust growth reflects the increasing demand for on-demand video content across various platforms globally.
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Market Definition:
The comprehensive study conducted on the Video on Demand Market evaluates its current state and forecasts its performance over the coming years. It provides a broad overview of the market, emphasizing common trends and data, assisting businesses in making informed decisions. The study investigates the fundamental limitations, opportunities, and risks anticipated to influence the market’s development from 2024 to 2030.
Key Trends:
The Video on Demand Market is witnessing significant growth driven by technological advancements, increasing internet penetration, and the growing popularity of streaming services. Key trends include the rise of subscription-based models, increased investment in original content, and the expansion of VoD services in emerging markets.
Scope of the Video on Demand Market:
Understanding customer preferences, purchase history, and the market's potential size is crucial for stakeholders. The MMR research aids in comprehending market dynamics and structure by analyzing classifications and establishing market size. This research serves as an investor's guide by presenting competitive analyses of key firms based on type, price, financial condition, product portfolio, growth strategies, and geographical presence.
Market Share Analysis:
This study examines the significant players in the Video on Demand industry and their market impact. It demonstrates how businesses can expand within the market compared to competitors by evaluating revenue, product offerings, and client base. The report highlights market features such as growth, fragmentation, dominance, and mergers.
Segmentation:
by Type:
- Subscription video-on-demand (SVoD)
- Advertising video-on-demand (AVoD)
- Transaction video-on-demand (TVoD)
by Content:
- Movies
- TV shows
- Sports
- Kids
- Documentaries
- Music
- Others
by Platform:
- Smartphones and laptops
- Smart TVs
by Distribution Channel:
- Direct-to-consumer (DTC)
- Indirect
by Solution Component:
- Pay TV
- Over-the-Top (OTT) Services
- IPTV
Key Players:
North America:
- Netflix
- Hulu
- Amazon Prime Video
- Disney+
- HBO Max
- YouTube TV
- Crave
- Televisa Play
Europe: 9. BBC iPlayer 10. ITV Hub 11. Sky Go 12. MUBI 13. Rakuten TV 14. TF1 15. ARTE 16. Viaplay
Asia-Pacific: 17. Hotstar 18. iQiyi 19. Tencent Video 20. Viu 21. SonyLIV 22. HOOQ 23. Iflix 24. ZEE5
South America: 25. Globo Play
COVID-19 Impact on Global Video on Demand Market:
The COVID-19 pandemic significantly affected the Video on Demand market, altering customer preferences and demand, purchasing habits, supply chain routes, market dynamics, and government engagement. With lockdowns and social distancing measures, there was a substantial increase in VoD consumption, accelerating the market’s growth. The pandemic underscored the importance of digital entertainment and led to a surge in subscriptions and viewership across various platforms. This section provides insights, analyses, estimations, and projections regarding the pandemic's market impact.
Table of Contents: Video on Demand Market
- Overview of Video on Demand Market
- Global Market Status and Forecast by Regions
- Global Market Status and Forecast by Types
- Global Market Status and Forecast by Downstream Industry
- Market Driving Factor Analysis
- Market Competition Status by Major Manufacturers
- Major Manufacturers Introduction and Market Data
- Upstream and Downstream Market Analysis
- Cost and Gross Margin Analysis
- Marketing Status Analysis
- Market Report Conclusion
- Research Methodology and Reference
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Reasons for buying this report:
- Gain detailed insights into the market dynamics and structure.
- Understand competitive analysis of key firms.
- Access comprehensive market segmentation and forecasts.
- Evaluate the impact of COVID-19 on the market.
- Obtain guidance for investment decisions.
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