Video on Demand (VoD) Market Outlook, Growth Factors, Industry Share, and Size By 2032
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Video on Demand (VoD) Market
Outlook, Growth Factors, Industry Share, Size By 2032 Video on Demand (VoD) is a digital content delivery system that gives users access to and watch video content whenever they choose, rather than at scheduled broadcast times. It provides various movies, TV shows, documentaries, and other video content that users can stream or download over the internet to their devices, such as computers, smartphones, tablets, or smart TVs. VoD platforms offer various models, including subscription-based services like Netflix and Amazon Prime Video, transactional services like iTunes and Google Play, and ad-supported services like YouTube. Users enjoy the flexibility of choosing what to watch and when without being tied to traditional TV schedules. VoD has revolutionized the entertainment industry, offering audiences worldwide convenience, choice, and personalized viewing experiences.
According to Straits Research, the global video-on-demand (VoD) market size was valued at USD 96.09 billion in 2023. It is estimated to reach USD 286.36 billion by 2032, growing at a CAGR of 12.9% during the forecast period (2024–2032).
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Video on Demand (VoD) Market
$286.36
CAGR 12.9%
USD Billion
$96.09
USD Billion
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2023
2032
Video on Demand (VoD) Market Main Market Players Covered in This Report: ü Google LLC ü Amazon.com, Inc. ü Hulu LLC (The Walt Disney Company) ü AT&T, Inc. (Warner Media, LLC and Discovery, Inc.)
A Summary of the Impact of COVID19 on this Market: The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on businesses across industries. However, this too
ü Netflix, Inc.
shall pass. Growing support from governments
ü Apple, Inc.
and various companies can benefit in the fight
ü Comcast Corporation
against this highly transmissible disease. There
ü Facebook, Inc. ü Telefonaktiebolaget LM ü Ericsson ü Verizon Communications Inc.
are some businesses that are struggling and some are thriving. General, almost every sector is anticipated to be stuck by the pandemic
Video on Demand (VoD) Market The Video on Demand (VoD) Market has been segmented as below: ü By Monetization Model •
Subscription-Based VoD
•
Transactional VoD
•
Ad-Supported VoD
ü By Content Type •
Sports
•
Music
•
TV Shows
•
Movies
We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future. Thanks for reading this article; you can also get distinct chapter-wise sections or region-wise report versions like Asia, US, Europe, Africa, etc.
About Straits Research StraitsResearch.com is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports.
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