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
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Video
YouTube Video Downloader: Simplifying Your Online Video Experience
In today's digital age, online video content has become a vital source of information, entertainment, and education. YouTube remains the largest platform for video sharing, with millions of videos uploaded daily. However, internet connectivity issues, offline access needs, and personal convenience often make it essential to have a reliable YouTube video downloader. A YouTube video downloader allows users to save videos directly to their devices for offline viewing. Whether it's…
Muka Video Downloader: Simplifying Video Saving in 2025
In today's fast-paced digital world, content is everywhere. Whether you're a social media enthusiast, a researcher, or a professional creating presentations, having the ability to save videos for offline use is crucial. https://mukasaver.com/ has emerged as a reliable tool for users looking to download and store videos efficiently, without compromising quality or speed.
________________________________________
What is Muka Video Downloader?
https://mukasaver.com/ is an advanced platform designed to make video downloading simple and accessible. Unlike…
Mango Animate's Online Video Enhancer Boosts Video Performance
In recent years, the demand for high-quality video content has surged across various platforms, from social media to professional productions. As more creators, marketers, and businesses seek to elevate their video presentations, tools that can enhance video quality have become essential. One such innovation is the online video enhancer (https://mangoanimate.com/ai/video-enhancer), a tool designed to improve video resolution, clarity, and overall visual appeal. Mango Animate has embraced this trend with Mango…
AudFree Netflix Video Downloader Changes Video Viewing
LOS ANGELES, CA. Aug 16, 2024 - AudFree Software, a leading innovative multimedia tools producer, is excited to announce the official launch of its groundbreaking Netflix Video Downloader.
AudFree Netflix Video Downloader is a multifunctional downloader for Windows and Mac. This innovative tool is designed to provide users with seamless access to their favorite Netflix content offline. It can download movies, TV shows, documentaries and the rest in up to 1080p.…
Adipurush Status Video : Download Latest Adipurush VIdeo Status
Adipurush is an upcoming Indian epic action film directed by Om Raut. The movie is inspired by the Hindu epic Ramayana and features popular actors like Prabhas and Saif Ali Khan in leading roles. As the film's release approaches, fans have been eagerly following every update and teaser related to Adipurush.
Adipurush Status Video Downloads: https://shortstatusvideos.com/adipurush-status-video/
The popularity of Adipurush has led to a surge in fan-created status videos related to the…
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…
