Press release
Online Video Platforms Market Size, Share, Growth, Trends and Forecast 2025
The global Online Video Platforms market size was estimated at USD 780 million in 2018 and is projected to hit USD 2580 million by 2025, at a CAGR of 16.1 percent over the forecast periodThis report focuses on the global Online Video Platforms Market share, status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Online Video Platforms development in United States, Europe and China.
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OVP or Online Video Platforms can use a user-generated content (UGC) model, software as a service (SaaS) business model or a do it yourself (DIY) model. OVP offers an end to end solution from creating a website, uploading video, encoding video, video playback to user management for both video on demand and live streaming
Usually, OVPs have Content Management System (CMS) where users need to login to add content, upload video, setting up monetization plan, view video analytics which may include, detailed insights of video performance such as, video watch time, total number of video views, unique views and impressions; stats on user visits, location and behavior on the site
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OVPs also provide customized video players where end users can watch videos. Many OVPs provide third party video player which can be embedded in a website
An online video platform (OVP) is a fee-based, software-as-a-service (SaaS) online content solution that enables content owners to ingest, transcode, store, manage, protect, publish, syndicate, track, and monetize online video. The global OVP market has seen tremendous growth over the past few year. Enterprises, media, and entertainment companies are increasingly relying on OVP solutions to manage, publish, and monetize video content in a scalable manner.-Enterprises are increasingly experimenting with video as they realize its power as a communications tool.
On the whole the OVP market is still very much in the growth phase, and is set to grow at a compound annual growth rate (CAGR) of 16.13% over the next years. The North America, Europe and Latin America market will lead the way, followed closely by the Asia-Pacific (Ex. Japan), Japan and Middle East & Africa markets.-Over the past year, the North America and Latin American regions have shown huge potential for growth.
In the applications, the Enterprise segment were estimated to account for the highest revenue share of 56.34 % in 2017, even larger than the media and entertainment industry.
THE KEY PLAYERS COVERED IN THIS STUDY
o Brightcove
o Ooyala (Telstra)
o Piksel
o thePlatform (Comcast Technology Solutions)
o IBM Cloud Video
o Kaltura
o Samba Tech
o Wistia
o Arkena
o Xstream
o Ensemble Video
o MediaPlatform
o Viocorp
o Anvato (Google)
o Vzaar
MARKET SEGMENT BY TYPE, THE PRODUCT CAN BE SPLIT INTO
o SaaS Model
o Other
MARKET SEGMENT BY APPLICATION, SPLIT INTO
o Media & Entertainment Industry
o Enterprise
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