Press release
Video on Demand in Hospitality Market Hidden Treasures: Insights into Lucrative Market Segments
Video on Demand in Hospitality Market Size
As per the report, the video on demand in hospitality market size has grown exponentially in recent years. It will grow from $28.6 billion in 2023 to $34.46 billion in 2024 at a compound annual growth rate (CAGR) of 20.5%. The video on demand in hospitality market size is expected to see exponential growth in the next few years. It will grow to $77.61 billion in 2028 at a compound annual growth rate (CAGR) of 22.5%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7848&type=smp
Smartphones And Tablets Fuel Video On Demand Growth In Hospitality Market
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. The guest in hotels uses their smartphone or tablet to scan a QR code on the TV to connect the device to the display. The incredible streaming options provided by Video on Demand allow the hospitality industry an unparalleled glimpse at the newest films, fresh from the theater, for immediate viewing or pre-order. For instance, according to Bankmycell, a US-based cost comparison company, the world's smartphone user base is expected to reach $6.648 billion by 2022, representing 83.37% of the global population. The United States has the highest smartphone penetration, with 81.60 percent of its population, or 270 million people, owning a smartphone. Therefore, the increasing penetration of smartphones and tablets is driving the video on demand in the hospitality market growth.
Technological Advancements Spur Innovation In Video On Demand For Hospitality Market
Technological advancements are a key trend gaining popularity in video on demand in the hospitality market. To gain a competitive advantage in the video-on-demand market, major companies in the hospitality industry are developing new innovative products. For instance, in October 2021, TELEV8 LLC, a US-based technology company, launched LiveTV, a TVaaS platform designed to reduce the overall cost of delivering content to hotels and modernise the free-to-guest TV experience. It includes features such as pause/play, rewind/fast forward, replay TV, search, and video on-demand. This platform delivers content in a secure, simple, and bandwidth-efficient manner, allowing hotels to continue offering free TV to guests at a lower cost.
The video on demand in hospitality market covered in this report is segmented -
1) By Solution: Pay TV, Internet Protocol Television, Over The Top
2) By Service: Training and Support, Professional Services
3) By Delivery Model: Laptops and Desktops, Smart phones and Tablets, Smart TV
4) By User Type: Hotels, Cruise or Luxury Yachts, Day Care Center, Other End Users
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7848&type=discount
Major companies operating in the video on demand in hospitality market report are Akamai Technologies Inc., Alcatel-Lucent Enterprise, Apple Inc., AT&T Inc., Avaya Holdings Corporation., Cisco Systems Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co Ltd., Netflix Inc., Amazon. com Inc., Nokia Networks, The Walt Disney Company, ZTE Corporation, Google LLC, Broadpeak Technologies Pvt Ltd., Comcast Technology Solutions, Conax Technologies, Deluxe Entertainment Services Group, Edgeware AB, Elemental Technologies LLC, Espial Group Inc., Harmonic Inc., Imagine Communications Corp., Inca Networks Inc., Kaltura Inc., Minerva Networks Inc., Muvi LLC, NeuLion Inc.
Contents of the report:
1. Executive Summary
2. Video on Demand in Hospitality Market Report Structure
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
…..
27. Video on Demand in Hospitality Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/video-on-demand-in-hospitality-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Video on Demand in Hospitality Market Hidden Treasures: Insights into Lucrative Market Segments here
News-ID: 3610439 • Views: …
More Releases from The Business Research Company
Navigating the Complexities of the Healthcare & Life Sciences Industry: Expertis …
The healthcare industry is rapidly evolving due to dynamic market forces, strict regulatory requirements, and changing consumer expectations. These factors create complex challenges that require a thoughtful approach for effective navigation. At The Life Sciences Research Company, our consulting services are specifically designed to tackle these intricate issues by utilizing a comprehensive understanding of the entire healthcare value chain.
Understanding the Players Across the Value Chain
Our expertise spans a wide range…
Introducing The Life Sciences Research Company: Pioneering Healthcare And Life S …
The Life Sciences Research Company proudly announces its official launch, marking a significant milestone in the realm of healthcare consulting. With a focus on innovation, expertise, and excellence, The Life Sciences Research Company emerges as a leading force poised to revolutionize the healthcare industry worldwide.
As the healthcare landscape evolves rapidly, organizations encounter increasing difficulties in managing regulatory complexities, technological advancements, and changing consumer demands. To address these challenges, The Life…
Introducing The Life Sciences Research Company: Pioneering Healthcare And Life S …
The Life Sciences Research Company proudly announces its official launch, marking a significant milestone in the realm of healthcare consulting. With a focus on innovation, expertise, and excellence, The Life Sciences Research Company emerges as a leading force poised to revolutionize the healthcare industry worldwide.
As the healthcare landscape evolves rapidly, organizations encounter increasing challenges in managing regulatory complexities, technological advancements, and changing consumer demands. In response, The Life Sciences Research…
The Life Sciences Research Company Unveils Global Expertise to Transform Healthc …
The Life Sciences Research Company, a leader in healthcare and life sciences consulting for over ten years, today announces its extensive range of services aimed at empowering organizations worldwide.
With operations in over 60 regions and extensive expertise in more than 3,000 niche markets, The Life Sciences Research Company provides unmatched consulting solutions in Medical Equipment, Bio-Pharmaceuticals, Animal Healthcare, and Healthcare Services.
"Our mission is to revolutionize the healthcare industry by providing…
More Releases for Video
How to Repurpose Content Into Video with Video Maker
The first step to repurposing content into video is to find the content you want to use. Once you have a list of topics to cover, you can break them down into a question and answer video. You don't need to write anything new to use your webinar content as a video. if you want to learn more check out this link: https://promo.com/for/online-video-maker. Alternatively, you can repurpose the content as…
Derby video production company launches remote video service
Derby-based video production and animation company Future Proof Films has launched an innovative new remote filming service which enables it to deliver professional quality video despite the current lockdown.
The company, which is based at Connect Derby’s Sadler Bridge Studios, has launched its ‘Pro Remote Video’ service for those businesses that still need professional video content to support their marketing effort.
The idea is simple – the team at Future Proof…
Video Conferencing Market |video conferencing equipment,video conferencing softw …
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Global Video Conferencing Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
Get Report Sample Copy of Video Conferencing Market @ https://www.mrrse.com/sample/711
This comprehensive report analyzes…
Online Video Platform Market Report 2018: Segmentation by Type (Video Analytics, …
Global Online Video Platform market research report provides company profile for Ooyala Inc., MediaMelon Inc., Akamai technologies, Kaltura Inc., Panopto, Brightcove Inc., Frame.io, Inc., Limelight Networks Inc., YouTube, Comcast Technology Solutions and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Video Marketing Company in Delhi Video Marketing Company Delhi Video Marketing A …
Video marketing is an innovative type of internet marketing in which corporate convert their already existing articles into short videos. These articles can be on any topic. It is gaining a vital place in the marketing plans of all major companies to connect with consumers, engage with them and convert them into paying customers
Whichever stage of the customer funnel you are targeting, videos can help. The objectives of educating, entertaining,…
Video on Demand Market (Business Model - Transactional Video on Demand, Subscrip …
Video on Demand Market: Snapshot
Video on demand (VoD) services are transforming the traditional television landscape by offering unique features such as high quality and exclusive video content on demand through broadband and mobile networks.
The VoD market is mainly driven by factors such as increasing internet-based consumer spending and the growing adoption of mobile devices to watch online videos. The surge in high-speed data networks has enabled VoD service providers to…
