Video on Demand Market Today Valued at $97.33 Bn in 2023 | Top Players: Netflix, Crave
kalpesh rajput
Video on Demand Market Poised for Explosive Growth, Reaching $302.78 Billion by 2030
The Video on Demand (VOD) market is on track for a stellar performance, with a projected Compound Annual Growth Rate (CAGR) of 17.6% through 2030. Valued at US$97.33 billion in 2023, the market is expected to reach a staggering $302.78 billion by the end of the forecast period, according to a new report by Maximize Market Research.
Market Overview
The Global Video on Demand Market Research Report offers a comprehensive analysis of the industry, including key competitor assessments, strategic outlooks, micro and macro trends, pricing analysis, and short-term market conditions. It delves deep into market drivers, market share, key categories, and regional breakdowns, providing valuable insights for businesses operating in the VOD space.
Market Scope
The report anticipates steady growth for the global VOD market throughout the forecast period. Aggressive strategies implemented by leading players are expected to further accelerate market expansion in the coming years. The analysis covers import/export consumption, supply/demand dynamics, costs, pricing structures, market shares, sales volumes, revenue streams, and gross profits. Additionally, it examines the manufacturing bases, production capacities, factory prices, and market share of prominent VOD market players across the globe. Key regions explored in the report include the United States, Canada, Mexico, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.
Market Segmentation
The VOD market is segmented by type (Subscription VOD, Advertising VOD, Transaction VOD), content (Movies, TV Shows, Sports, Kids, Documentaries, Music, Others), platform (Smartphone & Laptops, Smart TV), and distribution channel (Direct-to-Consumer (DTC), Indirect), and solution component (Pay TV, Over-the-Top (OTT) Services, IPTV).
Major Manufacturers
- North America: Netflix (US), Hulu (US), Amazon Prime Video (US), Disney+ (US), HBO Max (US), YouTube TV (US), Crave (Canada), Televisa Play (Mexico)
- Europe: BBC iPlayer (UK), ITV Hub (UK), Sky Go (UK), MUBI (UK), Rakuten TV (Spain), TF1 (France), ARTE (Germany/France), Viaplay (Sweden)
- Asia-Pacific: Hotstar (India), iQiyi (China), Tencent Video (China), Viu (Hong Kong), SonyLIV (India), HOOQ (Singapore), Iflix (Malaysia), ZEE5 (India)
- South America: Globo Play (Brazil)
Regional Analysis
The report provides a detailed regional analysis of the VOD market, covering key geographies, notable segments and sub-segments. It offers insights into market size, geographical distribution, revenue generation, business chain structures, growth opportunities, and industry news specific to each region.
COVID-19 Impact Analysis
While COVID-19 has impacted various industries globally, the VOD market has experienced a surge in demand due to lockdowns and stay-at-home restrictions. The report explores the core challenges and potential solutions arising from the pandemic, analyzing how COVID-19 has influenced consumer behavior, purchasing patterns, supply chain rerouting, market dynamics, and government involvement.
Key Questions Answered in the Report
- What product segment holds the largest share in the VOD market?
- How is the competitive landscape of the VOD market shaping up?
- What are the key factors driving VOD market growth?
- Which region is expected to dominate the VOD market share?
- What is the projected CAGR of the VOD market for the forecast period?
- What application segment is anticipated to lead the VOD market?
- Who are the prominent players in the VOD market?
- What key trends are expected to emerge in the VOD market in the coming years?
- What is the expected global VOD market size by 2030?
- Which company held the largest market share in the VOD market previously?
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
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