Video on Demand Market Size, Growth, Share, Competitive Analysis and Future Trends 2030: MarkNtel Advisors

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Market Insights

As per recent research by MarkNtel Advisors, The Global Video on Demand Market size is valued at nearly USD 87.1 billion in 2023 and is estimated to grow at a CAGR of around 17.67% during the forecast period, i.e., 2024-30.

Global Video on Demand Market Driver:

Digitalization & Compatibility with Streaming Platform Are Driving the Market Growth – The increasing digitization & improved internet connectivity have led to a surge in the adoption of various gadgets like smartphones, tablets, smart televisions, and more, driving the Video on Demand Market. The compatibility of various streaming services, such as Netflix, Amazon Prime Video, and Disney Hotstar, with a wide range of digital devices has encouraged consumers to access video content of their choice.

Additionally, service providers offering faster download & streaming capabilities, owing to high-speed networks, are contributing to the expansion of the market. Technological advancements in smartphones, along with the addition of numerous features, have replaced desktops & traditional televisions as the primary means of consuming media. This shift in consumer behavior is further boosting the demand for streaming video content on portable devices, hence enhancing the market size.

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Market Segmentation and Consumer Behavior:

By Type

  • Subscription Video On Demand (SVOD)
  • Advertising Video On Demand (AVOD)
  • Transactional Video On Demand (TVOD)

By Application

  • Sports
  • Music
  • TV Entertainment
  • Movies
  • Education
  • Other (Kid content)

By Platform

  • Smartphones & tablets
  • Laptop & PCs
  • Smart TV

Read Full Report: https://www.marknteladvisors.com/research-library/video-on-demand-market.html

Video on Demand Market Geographical Analysis:

By Region:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Key Players and Competitive Strategies in the Video on Demand Market

Several prominent players dominate the Video on Demand Market, including:

  • Amazon Inc.
  • Apple Inc.
  • Netflix
  • Hulu LLC.
  • Comcast network
  • Indeflix
  • HBO Home Entertainment Inc.
  • Vudu Inc.
  • Alphabet Inc.
  • Vubiquity Inc
  • Joinyn Gmbh
  • AT & T Inc Corporation
  • Google LLC
  • Xumo
  • Vimeo Live
  • Others

Report Delivery - MarkNtel Advisors offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

1.What factors are driving the Video on Demand Market growth?

2.How is the Video on Demand Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Video on Demand Market?

4.What is the current size of the Video on Demand Market, and how is it projected to change in the future?

5.What is the future outlook for the Video on Demand Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

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