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Video on Demand in Hospitality Global Market 2023 - Business Analysis, Industry Trends, Segmentation, Key Players And Outlook By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Video on Demand in Hospitality Market Size, Growth Rate, And Forecast
The global video on demand in hospitality industry grew from $24.2 billion in 2022 to $29.54 billion in 2023 at a compound annual growth rate (CAGR) of 22.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The video on demand in hospitality market size is expected to grow to $65.03 billion in 2027 at a CAGR of 21.8%.
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Video on Demand in Hospitality Market Drivers
Increasing penetration of smartphones and tablets is expected to propel the growth of video on demand in the hospitality market going forward. A tablet refers to a wireless portable computer with a touchscreen interface. A smartphone refers to a cellular phone that includes an integrated computer as well as an operating system, web browsing, and the ability to run software applications.
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Video on Demand in Hospitality Market Segments
• By Solution: Pay TV, Internet Protocol Television, Over The Top
• By Service: Training and Support, Professional Services
• By Delivery Model: Laptops and Desktops, Smart phones and Tablets, Smart TV
• By User Type: Hotels, Cruise or Luxury Yachts, Day Care Center, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Video on Demand in Hospitality market.
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Video on Demand in Hospitality Market Key Players
Major competitors in the Video on Demand in Hospitality market include Akamai Technologies Inc., Alcatel-Lucent, Apple Inc., AT&T Inc., Avaya Holdings Corporation, Cisco Systems Inc.
The Business Research Company's "Global Video on Demand in Hospitality Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Video on Demand in Hospitality Market Include:
1. Executive Summary
2. Video on Demand in Hospitality Market Characteristics
3. Video on Demand in Hospitality Market Trends And Strategies
4. Video on Demand in Hospitality Market - Macro Economic Scenario
5. Video on Demand in Hospitality Market Size And Growth
...................
26. Africa Video on Demand in Hospitality Market
27. Video on Demand in Hospitality Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Video on Demand in Hospitality Market
29. Video on Demand in Hospitality Market Future Outlook and Potential Analysis
30. Appendix
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