Press release
Video on Demand Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2026
The Video on Demand Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Video on Demand market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Video on Demand market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Video on Demand market.The Video on Demand Market is expected to grow at a CAGR of 12.2% over the forecast period (2021 - 2026).
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Top Leading Companies of Video on Demand Market are - Amazon.com Inc. (Amazon Prime Video), Apple Inc., Netflix Inc., Hulu LLC, Warner Media LLC (AT&T Inc.), Zee Entertainment Enterprises Limited (ZEE5), The Walt Disney Company (Disney+), Popcornflix LLC, Novi Digital Entertainment Private Limited (Hotstar), Comcast Xfinity, DirecTV, DISH Network, In Demand, Midwest Tape LLC (Hoopla Digital), Vubiquity, Inc., Fandango Media, LLC (Vudu), Limelight Networks, Dacast Inc., Kaltura, Wistia Inc. and others.
Industry News and Updates:
- August 2020 -- Netflix announced to launch its user interface in Hindi to cater to the massive opportunities in the Indian market. Moreover, now Netflix members can switch to the Hindi user interface from the Language option in the Manage Profiles section on their desktop, TV, or mobile browsers.
- March 2020 -- The Walt Disney Company announced to launch Disney+ in UK, Ireland, Germany, Italy, Spain, Austria, and Switzerland. It gives its subscribers to access directly more than 500 films, 26 original movies and series, and thousands of television episodes from Disney, Pixar, Marvel, Star Wars, National Geographic and more.
Key Market Trends:
Enhanced Customer Viewing Experience Drives the Growth for Video on Demand Services
- The primary reason behind watching video content is that it allows multiple users at the same place to watch distinct programs on various devices at the same time. The popularity of binge-watching enhanced customer viewing experience.
- The other factor that has improved the viewing experience is convenience. The continuous integration of various contents across different devices is critical due to increasing customer preferences to watch the content anywhere and anytime on every device.
North America is Expected to Hold the Largest Market Share
- The consumption of media content in North America, especially in the United States, is increasing tremendously with a switch from traditional media to digital media. The increasing internet speeds, coupled with the rising number of devices that support digital media, have provided the consumers with the freedom to access media content anywhere and anytime.
- The rise of players, such as Apple TV, Amazon, Netflix, and Hulu in the digital media field, are challenging the traditional televisions that are seen as entertainment hubs. According to nScreenMedia, the video streaming market in the country has grown into a USD 16 billion industry over the last nine years owing to the changing consumer preferences and demand for high-quality content.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Video on Demand Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Video on Demand Market (%),2016 - 2026
- Video on Demand Market Share, By Brand
- Video on Demand Market Share, By Company
- Video on Demand Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Video on Demand Market Value Analysis & Forecast
- Promising Video on Demand Development by Major Companies
- Detailed Video on Demand Portfolio of the Major Companies
- Major Deals in the Video on Demand Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082591655/video-on-demand-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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