COVID Impact On Global Video on Demand Market 2020-2025

The pandemic has largely benefitted the VOD service providers across the world.

Netflix penetration will increase to over 50% in Latin America, and to over 60% in the US & Canada – with growth slowest in this region, where penetration is already reckoned as being above the half-way mark.

In India, during the lockdown it is observed that there has been almost 96% signed up users are spending time on VOD platforms.

To reduce the web traffic service providers are shifting to reduced image quality to help internet providers cope with the surging demand for bandwidth.

Diisney+ and Hulu services have come out as the leading subscribed service providers in US region since the lockdown.

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After the complete acquisition of hotstar, Disney has launched the app as “Disney+hotstar” on April 3rd 2020.

Netflix reached its all time high in terms of traffic and screen time during the weekend of the first week of lockdown in US in March.

Netflix has announced it would be reducing the bandwidth consumption by 25% in Europe in order to meet the rising demand.

Hulu has announced free live news in partnership with ABC News to its subscribers during this period.

MX player on demand video streaming service from India has announced it would be expanding its service in US, UK, Australia and Canada and continue its no charge service to users.

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COMPANY PROFILES
YouTube
Netflix
Amazon Prime Video
HBO
Vudu
Hulu
IndieFlix
Vubiquity
Disney Hotstar
iQiYi
Viu
Britbox
HOOQ

THIS VIDEO ON DEMAND MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS
1. Video on Demand Market size and Forecast , by region, by application
2. Average B-2-B price for Video on Demand Market, by region, per user
3. Technology trends and related opportunity for new Video on Demand Market tech suppliers
4. Market share of leading vendors, by region,
5. Coronavirus impact on Video on Demand Market earnings

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Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: sales@mobilityforesights.com
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

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This release was published on openPR.