Press release
Online Video Platform Market 2025 Growth Prospects, Business Overview, Key Manufacturers and Applications
In addition, rise in scope for live streaming of video content is expected to create lucrative opportunities for the growth of the market. However, availability of free and open-source online video platform in the media and entertainment market is anticipated to hamper its growth during the forecast period.
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The global online video platform market in media and entertainment was valued at $218 million in 2016, and is projected to reach at $915 million by 2025, growing at a CAGR of 17.50% from 2018 to 2025.
Based on type, the video content management segment dominated the online video platform market in media and entertainment in 2016. However, the live streaming segment is expected to witness the highest growth rate of 22.30%, owing to increase in demand for informative and interactive videos.
The global online video platform market in media and entertainment was dominated by brands and enterprises in 2016 due to increase in investment in online video advertising by brands. However, the individual end user segment is expected to witness the highest growth rate during the forecast period owing to rise in popularity of user generated content (UGC).
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Key Findings of the Online Video Platform Market in Media & entertainment:
•The individual segment is expected to exhibit significant increase in terms of growth during the forecast period.
•In 2016, video sharing segment of the online video platform in media and entertainment market accounted for the highest revenue and is expected to remain dominant in the application segment of online video platform in media and entertainment market.
•Asia-Pacific is projected to exhibit substantial growth during the forecast period.
Online Video Platform Market in Media & entertainment Key Segments:
By Type
•Video Analytics
•Video Hosting
•Video Content Management
•Mobile Video
•Live Steaming
•Others
By Application
•Video Sharing
•Commercial Video platforms
•Others
By End User
•Individual
•Content creator
•Brand and enterprises
By Region
•North America
•Europe
•Asia-Pacific
•LAMEA
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