Global Video on Demand Market Trends and Forecasts (2020-2025): Market Set to Reach USD 120.91 billion by 2025

DUBLIN, Jan. 10, 2020 /PRNewswire/ -- The "Video on Demand Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

The Video on Demand Market was valued at USD 56.55 billion in 2019 and is expected to reach USD 120.91 billion by 2025, at a CAGR of 13.5% over the forecast period 2020 - 2025. Video on Demand (VoD) offers a wide array of video programs that include entertainment, films, sports, and educational programs. Although VoD was initially in demand for movie access, with the changing customer preferences boosting the demand for TV programs and other content, VoD service providers had to expand their offerings to other content programmers.

Content-wise, Internet Protocol Television (IPTV) possesses high growth in the market, owing to the latest technological innovations in the domain. The rising availability of broadband internet services helps in increasing the demand for IPTV when compared to conventional television services. IPTV uses various servers for delivering streaming content to viewers, which minimizes the latency issues and optimizes the delivery speed by maximizing the available bandwidth.

Several service providers are providing advanced content delivery networks, considering the increasing demand for advanced media content, in order to gain a competitive advantage. The IPTV market is expected to grow rapidly during the forecast period with growing technological advancements, along with the emergence of infrastructure.

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 Continue as a Major Region Owing to Latest Technological Innovations

• 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 increasing 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.
• Mobile devices are observed to be the major contributors to the overall digital media consumption. Mobile internet usage in the country has also seen tremendous growth with the most number of mobile wireless connections.

Competitive Landscape

The market for global video on demand is anticipated to be highly concentrated with the presence of big players including Netflix, Inc., Amazon Inc., ZTE Corporation, Muvi LLC and some others. However, the global market is being influenced by many regional players from countries including China, India, South Korea, Malaysia, UK, and others. Additionally, the industry has experienced several markets development related activities such as new product launch, partnerships, and acquisitions in recent years.

• June 2018 - AT&T Inc. acquired Time Warner Inc., to strengthen its offerings in the direct-to-consumer distribution channel and mobile-first entertainment experience for its customers.
• February 2018 - Owing to the changing landscape, many TV networks have also been shifting to video on demand. Nine Entertainment has relaunched its leading 9Now streaming channel and owns a 50% stake in Netflix's Rival Stan.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.4 Market Restraints
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porter's Five Force Analysis

5 MARKET SEGMENTATION
5.1 By Business Model
5.2 By Content
5.3 By Application
5.4 Geography

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

Companies Mentioned

• AT&T INC.
• ZTE Corporation
• Cisco Systems Inc.
• Amazon Inc.
• Verizon Communications Inc.
• Muvi LLC
• Netflix, Inc.
• VUDU, Inc.
• SKY PLC (COMCAST)

For more information about this report visit https://www.researchandmarkets.com/r/mnv94s

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