Overview:

The global video on demand market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Subscription based or premium based services that allow subscribers to view TV programs in real time or to download and view later is called as video on demand services. The video on demand services are provided by utilizing PayTV, or over the top services or via IPTV. Big production houses are utilizing the services owing to rising internet penetration and higher demand among end users.

Market Dynamics:

Rising number of service providers, increasing digital content, and lowered subscription charges are key factors driving growth of the global video on demand market. In addition, strategic collaborations between key network operators and VoD services providers are fueling growth of the global market. In addition, rising internet penetration and increasing number of smartphone users are other factor driving growth of the target market.

Growing demand for subscription based streaming services and rising number of online streaming services providers across the globe are some major factors supporting growth of the video on demand market. Moreover, growing penetration of 4G network in many developing countries is resulting in high demand for online streaming and VoD services. This in turn expected to result in growth of the target market over the next ten years.

Key Trends:

Strategic acquisitions among key players and growing preference to offers movies and web services via over the top channels among major production houses are key trends observed in the global video on demand market. For instance, in June 2018, Walt Disney signed amended acquisition of 21st Century Fox Inc. and made Star India, Fox Star Studios and Hotstar part of it in India. This trend is expected to further drive growth of the target market over the forecast period.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America is accounted for highest market share in the global video on demand market. Digitally advanced infrastructure and early adoption of video on demand services in countries in the region are key factors attributing for the dominance of the region. The market in Asia Pacific is expected to witness highest growth over the forecast period. Rising disposable income, rising popularity of VoD service provider, and increasing number of service providers are key factors expected to drive growth of the target market in the region.

Scope of the Report:

Detailed Segmentation:

Global Video on Demand Market, By Content:

• Pay-TV VOD
• Over-the-top (OTT)
• Internet Protocol Television (IPTV)

Global Video on Demand Market, By Application:

• Media & Entertainment
• Education & Training
• Health & Fitness
• Live Events & Sports
• Other

Key Players Covered:

Key players operating in the global video on demand market includes, Netflix Inc., Amazon.com Inc., Google LLC, Apple Inc., Cisco Systems, HBO Inc., Hulu TV, Vudu, Huawei Technologies Co., Ltd., and Indieflix Group Inc.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Video on Demand Market by content, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global video on demand market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.