DUBLIN--(BUSINESS WIRE)--The "Global Video on Demand (VoD) Market: Focus on Application, Content Type, Revenue Model, Licensing Type, and Region - Analysis and Forecast, 2024-2034" report has been added to ResearchAndMarkets.com's offering.
The global video-on-demand (VoD) market is experiencing robust growth, propelled by several key factors and market drivers. Considering the optimistic scenario, the market is expected to be valued at $175.4 billion in 2024 and is projected to grow at a CAGR of 11.67% to reach $528.9 billion by 2034. A primary catalyst for this growth is the increasing demand for convenient and personalized entertainment experiences. Video-on-demand platforms play a crucial role by offering a vast library of content and seamless streaming services, catering to the evolving preferences of consumers.
The increasing demand for video content across industries serves as a significant driver for the global video-on-demand (VoD) market. Industries across the spectrum, including entertainment, education, healthcare, marketing, and corporate sectors, are recognizing the power of video in engaging audiences, conveying messages effectively, and driving business objectives. This trend is fueled by the growing preference for visual content among consumers, who find videos more engaging, memorable, and shareable compared to traditional text-based or static media. As the demand for on-demand video content continues to surge, video-on-demand providers are focusing on enhancing the quality and variety of their offerings, investing in original content production, and leveraging advanced technologies such as artificial intelligence and machine learning for content recommendation and personalization. Additionally, the proliferation of high-speed internet connectivity and the widespread adoption of smartphones and smart TVs are further driving the expansion of the video-on-demand market.
With consumers seeking anytime, anywhere access to their favorite movies, TV shows, and original programming, video-on-demand platforms are increasingly becoming indispensable sources of entertainment for a global audience. As a result, content creators, streaming services, and digital platforms are intensifying their efforts to capture market share, enhance user engagement, and capitalize on the lucrative opportunities presented by the booming video-on-demand market.
Market Segmentation
Segmentation 1: by Application
- Entertainment
- Education
- News and Information
- Sports
- Others
Segmentation 2: by Content Type
- Movies
- TV Shows
- Web Series
- Others
Segmentation 3: by Revenue Model
- Subscription Video-on-demand (SVOD)
- Transactional Video-on-demand (TVOD)
- Ad-Supported Video-on-demand (AVOD)
- Others
Segmentation 4: by Content Licensing Type
- Licensed Content
- Original Content
Segmentation 5: by Region
- North America - U.S., Canada, and Mexico
- Europe - Germany, France, Italy, U.K., and Rest-of-Europe
- Asia-Pacific - China, India, Japan, South Korea, and Rest-of-Asia-Pacific
- Rest-of-the-World - Middle East and Africa and South America
Key Market Players and Competition Synopsis
The companies that are profiled in the global video-on-demand (VoD) market have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration. Some of the prominent companies in this market are:
- Netflix, Inc.
- Amazon.com, Inc.
- Hulu LLC
- Apple, Inc.
Key Questions Answered in this Report
- What are the main factors driving the demand for video on demand (VoD) market?
- What are the major patents filed by the companies active in the global video on demand (VoD) market?
- Who are the key players in the global video on demand (VoD) market, and what are their respective market shares?
- What partnerships or collaborations are prominent among stakeholders in the global video on demand (VoD) market?
- What are the strategies adopted by the key companies to gain a competitive edge in video on demand (VoD) industry?
- What is the futuristic outlook for the video on demand (VoD) market in terms of growth potential?
- What is the current estimation of the global video on demand (VoD) market, and what growth trajectory is projected from 2024 to 2034?
- Which application, and product segment is expected to lead the market over the forecast period (2024-2034)?
- What could be the impact of growing end-use industries in the global video on demand (VoD) market?
- Which regions demonstrate the highest adoption rates for global video on demand (VoD) market, and what factors contribute to their leadership?
Key Attributes
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2024-2034 |
| Estimated Market Value (USD) in 2024 | $175.4 Billion |
| Forecasted Market Value (USD) by 2034 | $528.9 Billion |
| Compound Annual Growth Rate | 11.6% |
| Regions Covered | Global |
Key Topics Covered
Executive Summary
Scope and Definition
Market/Product Definition
Key Questions Answered
Analysis and Forecast Note
1. Markets: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.1.1 Expansion of Original Content Production
1.1.2 Shift Towards Hybrid Business Model
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Market Map
1.2.3 Pricing Forecast
1.3 R&D Review
1.3.1 Patent Filing Trend by Country, by Company
1.4 Regulatory Landscape
1.5 Stakeholder Analysis
1.5.1 Use Case
1.5.2 End User and Buying Criteria
1.6 Impact Analysis for Key Global Events
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.2 Market Restraints
1.7.3 Market Opportunities
2. Global Video on Demand (VoD) Market by Application
3. Global Video on Demand (VoD) Market by Products
4. Global Video on Demand (VoD) Market by Region
5. Companies Profiled
6. Research Methodology
Companies Featured
- Netflix, Inc.
- Amazon.com, Inc.
- Google LLC
- Hulu LLC
- AT&T, Inc.
- Apple, Inc.
- Facebook, Inc.
- Warner Bros. Discovery, Inc.
- Fox Media LLC.
- Verizon Communications, Inc.
- Telefonaktiebolaget LM Ericsson
- Comcast Corporation
- Home Box Office, Inc.
- PARAMOUNT PICTURES
For more information about this report visit https://www.researchandmarkets.com/r/3mobd3
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