There is a continuous growth in “Video on Demand” Market in last five years and also continue for the forecast year 2023. Video on Demand industry report analyses the outline of the global market with respect to major regions and segmented by types and applications. Video on Demand Market covers top manufacturers, product scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings.
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The Global Video on Demand Market was valued at USD 56.26 billion in 2017, and is expected to reach a value of USD 93.99 billion by 2023 at a CAGR of 8.93%, during the forecast period (2018-2023). The scope of the report is limited to Applications offered by Major Players, which involves Entertainment, Education and Training, Online Commerce, Digital Libraries. While the End-users considered in the scope of the report include Banking, Financial Services & Insurance, Retail, Manufacturing, Hospitality, Media & Entertainment, Transport & Logistics.
Video on Demand (VoD) gives viewers, the liberty in accessing video content on computers, televisions and mobile devices, irrespective of time, where, various providers help in making the content available to the customers. Some of these providers are retailers and technological outfits, TV providers and movie studios. VoD offers a wide array of video programs that include entertainment, films, sports, and educational programs. Although, VoD was initially in demand for movie access, with the changing customer preferences boosting the demand for TV programs and other contents, VoD service providers had to expand their offerings to other content programmers.
Enhanced Customer Viewing Experience Drives the Growth for Video on Demand Services.
The primary reason behind watching video content is that it allows multiple users at the same place to watch distinct programs on various devices at the same time. The popularity of binge watching enhanced the customer viewing experience. The other factor that has improved the viewing experience is convenience. The continuous integration of various contents across different devices is critical due to increasing customer preferences to watch the content anywhere and anytime on every device. The widespread usage of mobile devices and increasing access to internet have helped the customers to stay up-to-date with the digital world that reduces the need for waiting. The need for instant satisfaction is evolving as a powerful force in the business and marketing world, where the retailers and manufacturers have sensed the massive opportunity to make profits from consumer impatience.
IPTV has High Growth Owing to the Latest Technological Innovations in the Domain
IPTV denotes a television system, where the services are provided through internet-based IP network; this gives enhanced overall experience, when compared to other conventional television services. The rising availability of broadband internet services help in increasing the demand for IPTV, when compared to the conventional television services. IPTV uses various servers for delivering streaming content to viewers, which minimize the latency issues and optimizes the delivery speed by maximizing the available bandwidth. Several service providers are providing advanced content delivery networks, considering the increasing demand for advanced media content, in order to gain the competitive advantage. The IPTV market is expected to grow rapidly during the forecast period with the growing technological advancements, along with emergence of infrastructure.
United States is Expected to Continue its Growth Owing to Latest Technological Innovations
The consumption of media content in the United States is increasing tremendously with a switch from traditional media to digital media. The increasing internet speeds, coupled with the increasing number of devices that support digital media, has provided the consumers with the freedom to access media content anywhere and anytime. The rise of players, such as Boxee, Roku, Apple TV, amazon, Netflix, and Hulu in the digital media field, are challenging the traditional televisions that are seen as entertainment hubs. Mobile devices are observed to be the major contributors to the overall digital media consumption. Mobile internet usage in the country has also seen a tremendous growth with the most number of mobile wireless connections at 377.9 million. The mobile internet users are also expected to reach 270.5 million by 2020, from 225 million in 2016.
Key Developments In The Market
• February 2018 – Owing to the changing landscape, many TV networks have also been shifting to video on demand. Nine Entertainment has relaunched its leading 9Now streaming channel and owns 50% stake in Netflix’s Rival Stan
• February 2018 – Vox, telecommunications and ICT service provider has planned on launching internet video on demand services and is set to compete for specialist language bouquets
The Major Players include – AT & T INC., NETFLIX INC., VUDU INC., ALCATEL-LUCENT, ZTE CORPORATION, CISCO SYSTEMS INC., FUJITSU LTD., ERICSON, AMAZON INC., VERIZON COMMUNICATIONS, INC., SKY PLC, and LEVEL 3 COMMUNICATIONS, amongst other.
Major Regions: – US, Canada, UK, Germany, France, Italy, China, India, Japan, South Korea, Brazil, Mexico, Argentina, UAE, Saudi Arabia, Turkey
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Reasons to Purchase this Report:
- Analysing various perspectives of the Video on Demand market size with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest Video on Demand market growth during the forecast period.
- Identify the latest developments, Video on Demand market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
Major Points Covered in Table of Content of Video on Demand Market forecast 2023
1. Introduction of Video on Demand Market Report
1.1 Study Deliverables
1.2 General Study Assumptions
2. Research Methodology
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Video on Demand Market Trends
4.2 Market Trends
4.3 Porter’s Five Force Framework
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products and Services
4.3.5 Competitive Rivalry within the Industry
5. Video on Demand Market Dynamics
6.Global Video on Demand Market, Segmented by Size
7. Global Video on Demand Market, Segmented by Technology Type
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8. Global Video on Demand Market, Segmented by Geography
8.1 North America
8.1.1 United States
8.2 South America
8.4.1 United Kingdom
8.5 Africa and Middle East
8.5.2 South Africa
8.5.3 Saudi Arabia
9. Competitive Landscape
9.2 Market Share Analysis
9.3 Developments of Key Players
10. Key Vendor Analysis (Overview, Products & Services, Strategies)
11. Future Outlook of the Market
And Many More……….
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The research report on the Video on Demand market offers a comprehensive study on market share, size, growth aspects, and major players. In addition, the report contains brief information about the regional competitive landscape, market trends, and drivers, opportunities and challenges, distributors, sales channels, risks & entry barriers, as well as Porter’s Five Forces Analysis. Moreover, the main objective of this report is to offer a detailed analysis of how the market aspects potentially influence the coming future of the Video on Demand market. The report also offers a comprehensive analysis about the competitive manufacturers as well as the new entrants also studies along with their brief research.
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In addition, this report also contains a price, revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global Video on Demand report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the Video on Demand market report offers a complete analysis of the current situation and the advancement possibilities of the Video on Demand market across the globe. This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.
Moreover, the Video on Demand report offers a detailed analysis of the competitive landscape in terms of regions and the major service providers are also highlighted along with attributes of the market overview, business strategies, financials, developments pertaining as well as the product portfolio of the Video on Demand market. Likewise, this report comprises significant data about market segmentation on the basis of type, application, and regional landscape. The Video on Demand market report also provides a brief analysis of the market opportunities and challenges faced by the leading service provides. This report is specially designed to know accurate market insights and market status
The key players covered in this study
Level 3 Communications
AT and T
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Market segment by Type, the product can be split into
Transactional Video on Demand (TVOD)
Subscription Video on Demand (SVOD)
Near-Video on Demand (NVOD)
Market segment by Application, split into
Education and Training
Network Video Kiosks
Market segment by Regions/Countries, this report covers
Central & South America
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The study objectives of this report are:
To analyze global Video on Demand status, future forecast, growth opportunity, key market and key players.
To present the Video on Demand development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Video on Demand are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
Major Points From Table of Content:
Chapter One: Report Overview
Chapter Two: Global Growth Trends
Chapter Three: Market Share by Key Players
Chapter Four: Breakdown Data by Type and Application
Chapter Five: United States
Chapter Six: Europe
Chapter Seven: China
Chapter Eight: Japan
Chapter Nine: Southeast Asia
Chapter Ten: India
Chapter Eleven: Central & South America
Chapter Twelve: International Players Profiles
Chapter Thirteen: Market Forecast 2018-2025
Chapter Fourteen: Analyst’s Viewpoints/Conclusions
Chapter Fifteen: Appendix
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