Press release
Global Video On Demand (VoD) Service Market Analysis to 2025 Lead By Amazon, Apple, Netflix, VUDU, Comcast, Muvi, Sky UK, Home Box Office, CinemaNow and Hulu
Video on Demand (VoD) is a technology that permits TV programs, movies, news, and sports events to be provided directly to a PC, set-top box, mobile phone, smart IP TV through satellite TV, cable network or Internet network on demand. Video on demand service providers caters a platform to the digital video subscribers for getting access to a huge library of multimedia content which they can watch based on their convenience. Video on Demand subscribers can stop and start, rewind, pause viewing content as per their choice, regardless of the location.Some of the key players influencing the video on demand (VoD) service market are Amazon Inc., Apple Inc., Netflix Inc., VUDU Inc., Comcast Corporation, Muvi LLC, Sky UK Limited, Home Box Office Inc., CinemaNow, and Hulu LLC among others.
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The key factors driving the growth of video on demand (VoD) service market include improved customer viewing experience, growth, and success of Content on-Demand (CoD) services, developments in digital video landscape, and accessibility to highly reliable data networks & vertical integration by social media platforms to deliver streaming video services. Moreover, some factors such as broadband efficiency, 4G connectivity, and digitization are encouraging global OTT players to look for growth opportunities which in turn enable video on demand (VoD) service market to grow in the coming years. However, technical anomalies causing unavoidable interruptions and difficulty in attaining negotiable content licensing are the challenges that restrict the market to grow.
The report aims to provide an overview of global video on demand (VoD) service market with detailed market segmentation by solutions, business model, application, and geography. The global video on demand (VoD) service market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the video on demand (VoD) service market.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the market in these regions.
Also, key video on demand (VoD) service market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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