NEW YORK, Jan. 5, 2022 /PRNewswire/ -- The Digital Video Content Market value is set to grow by USD 327.19 billion, progressing at a CAGR of 14.31% from 2020 to 2025, as per the latest report by Technavio
The increasing penetration of mobile computing devices will be a significant factor fueling digital video content market growth during the forecast period. The increasing penetration of mobile computing devices has encouraged market vendors in SVOD, AVOD, and TVOD formats, such as Netflix, Amazon.com, and AT&T, to offer mobile apps for streaming. Rising per capita income, increasing internet penetration, availability of low-cost smartphones, and investments in communication network infrastructure are some of the factors responsible for increasing penetration of mobile computing devices. Consumers prefer the use of video streaming mobile apps over websites because of their better connectivity and easier payment process. The personal information of users recorded by mobile apps can be utilized by vendors to retain customers through target advertising.
More details: https://www.technavio.com/report/digital-video-content-market-industry-analysis
Digital Video Content Market: Deployment Segment
The digital video content market share growth by the Pay-TV segment will be significant during the forecast period. The increasing demand for IPTV, which is a type of content delivery method where the Internet is used to deliver TV programs that are either live or on-demand, is driving the digital video content market share growth by the Pay-TV segment. IPTV has numerous advantages such as its implementation is easy as it can be connected to the existing Internet connection without the need for any cable or connection.
Digital Video Content Market: Geography Landscape
45% of the market's growth will originate from North America during the forecast period. The US is a key market for digital video content in North America. However, the market growth rate in North America will be slower than the growth of the market in other regions. The growing OTT market will facilitate the digital video content market growth in North America over the forecast period.
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Digital Video Content Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 14.31% |
Market growth 2021-2025 |
$ 327.19 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.70 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 45% |
Key consumer countries |
US, China, UK, India, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Alphabet Inc., Amazon.com Inc., Apple Inc., AT and T Inc., Comcast Corp., Netflix Inc., Sony Corp., Tubular Labs Inc., Verizon Communications Inc., and ViacomCBS Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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