Video on Demand Market is projected to grow at a CAGR of 17.6% through 2029 and it was valued at US$82.77 Bn in 2022. The Video on Demand Market is expected to reach $257.59 Bn by 2029.
Video on Demand Market Overview:
Video on Demand market landscape has been examined, and all of the key suppliers and application development and delivery developers have been present. Customer-centric methods by businesses, as well as the necessity to handle massive volumes of material, may define the market's future shape. During the projected period (2022-2029), there will be alliances with integration partners to achieve optimal technology, as well as webinars for future trends and insights.
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Video on Demand Market Scope:
Maximize Market Research report on Video on Demand Market provides an investigative analysis with a cohesive grasp of the economy's events as well as the consequences of the COVID-19 pandemic. It outlines drivers, challenges, opportunities, trends, and niches that industry leaders may leverage over the projected period (2022-2029).
The report discusses major advancements in the Video on Demand industry, as well as organic and inorganic growth strategies. Various businesses are concentrating on organic growth tactics such as new launches, product approvals, and other things like patents and events. Acquisitions, partnerships, and collaborations were among the inorganic growth tactics observed in the industry. With the increased demand, industry participants in the Video on Demand market are expected to benefit from attractive growth prospects in the future. The following is a list of a few firms involved in the Video on Demand industry.
by Type Subscription video-on-demand
by Content Movies
by Platform Smartphone and laptops
by Distribution Channel Direct-to-consumer (DTC)
by Solution Component
Over-the-Top (OTT) Services
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The market research study analyses the market's main stakeholders. Among the key firms highlighted in the study are:
1. Netflix (United States)
2. Hulu (United States)
3. Amazon Prime Video (United States)
4. Disney+ (United States)
5. HBO Max (United States)
6. YouTube TV (United States)
7. Crave (Canada)
8. Televisa Play (Mexico)
9. BBC iPlayer (United Kingdom)
10. ITV Hub (United Kingdom)
11. Sky Go (United Kingdom)
12. MUBI (United Kingdom)
13. Rakuten TV (Spain)
14. TF1 (France)
15. ARTE (Germany/France)
16. Viaplay (Sweden)
17. Hotstar (India)
18. iQiyi (China)
19. Tencent Video (China)
20. Viu (Hong Kong)
21. SonyLIV (India)
22. HOOQ (Singapore)
23. Iflix (Malaysia)
24. ZEE5 (India)
25. Globo Play (Brazil)
The report offers a comprehensive overview of the sector, including both qualitative and quantitative data. It gives a global market analysis and prediction based on several segments. It also offers market size and forecast projections for five key regions, including North America, Europe, Asia-Pacific, the Middle East & Africa, and South America, from 2021 to 2027.
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COVID-19 Impact Analysis on Video on Demand Market:
The COVID-19 pandemic has had an impact on markets and consumer behaviour. It has had a significant influence on economies and civilizations alike. The effects of COVID-19 are expected to shift consumer demand to online platforms. This might permanently alter customer behaviour because once individuals get into the habit of purchasing online, it becomes a pattern that is difficult to break, compelling businesses to increase their online presence. COVID-19 has an immediate and extensive influence on consumer behaviour across all industries.
Key Questions answered in the Video on Demand Market Report are:
- Which is the potential market for Video on Demand in terms of the region?
- What are the opportunities for new market entrants?
- What is expected to drive the growth of the Video on Demand market in the next seven years?
- What is the projected market size & growth rate of the Video on Demand Market?
- What segments are covered in the Video on Demand Market report?
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