Global Online Video Platform in Media and Entertainment Strategic Business Report 2023: Importance of Live Video Streaming in the Digital World Emerges as a Potent Growth Driver

DUBLIN, May 24, 2023 /PRNewswire/ — The “Online Video Platform in Media and Entertainment: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

 

The global market for Online Video Platform in Media and Entertainment estimated at US$612.9 Million in the year 2022, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 17.5% over the analysis period 2022-2030.

Video Sharing, one of the segments analyzed in the report, is projected to record a 17.4% CAGR and reach US$1.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Commercial Video Platforms segment is readjusted to a revised 18.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $134.1 Million, While China is Forecast to Grow at 21% CAGR

The Online Video Platform in Media and Entertainment market in the U.S. is estimated at US$134.1 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$657 Million by the year 2030 trailing a CAGR of 21% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 14.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$564 Million by the year 2030.

Select Competitors (Total 103 Featured) –

  • Akamai Technologies, Inc.
  • Brightcove Inc.
  • Comcast Technology Solutions Ltd.
  • Dacast Inc.
  • Endavo Media & Communications Inc.
  • IBM Corporation
  • Kaltura Inc.
  • Kollective Technology Inc.
  • Limelight Networks Inc.,
  • Longtail Ad Solutions, Inc.
  • MediaMelon Inc.
  • Panopto, Inc.
  • SpotX, Inc.
  • Buildscale, Inc d/b/a Vidyard
  • Vimeo Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Online Video Platform in Media and Entertainment – Global Key Competitors Percentage Market Share in 2022 (E)
  • Rise of Video to the Top of the Digital Food Chain & as the Most Powerful Communication Medium Provides the Foundation for Growth of Online Video Platforms
  • Video Is Well On-Track to Dominate Global IP Traffic: % Share of Global IP Traffic by Type for the Year 2022
  • Exploding Video Traffic Strengthens the Business Case for Online Video Platforms: Global Video Traffic (In Exabytes Per Month) for Years 2017, 2019, 2021 and 2023
  • The Never-Ending “Race” Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?
  • As Omicron Strain Fuels Fresh Waves of Infections Across the Globe, Mutating Coronavirus is the New Pandemic Challenge in 2022
  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking. But How Practical Is It to Implement Them?
  • With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of December 2021
  • At the Dawn of 2022, We Leave Behind Millions of Deaths Due to New Strains & Once Again Stare at an Impending Catastrophe
  • How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of January 2022
  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
  • With IMF Making an Upward Revision of Global GDP for 2022, Companies Are Bullish About a Continuing Economic Comeback Despite a Prolonging Pandemic
  • A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Easing Unemployment Levels in 2021 & 2022 Although Moderate Will Infuse Hope for Industries Reliant on Consumer Discretionary Incomes: Global Number of Unemployed People (In Million) for Years 2019, 2020, 2021, and 2022
  • Online Video Platform in Media and Entertainment: Definition, Overview & Benefits
  • Recent Market Activity
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Importance of Live Video Streaming in the Digital World Emerges as a Potent Growth Driver
  • Spurred by the Pandemic, Booming Online Education & e-Learning Industry Fuels Demand for Online Video Education Platforms
  • The Coming Era of eLearning & The Ensuing Demand for Educational Videos to Spur Opportunities for Online Video Platforms: Global Opportunity for e-Learning (In US$ Billion) for the Years 2021, 2023 & 2025
  • Video Dominates the Digital Learning Materials Used in Classrooms: % Share Breakdown of Digital Learning Materials Used by Type for the Year 2022
  • Higher User Engagement with Short Videos as Compared to Other Forms of Content Drives the Value of Creating Short But Effective Educational Video Content: % Engagement Loss by Video Length
  • Rise of On-Demand Subscription-Based Video Content Over the OTT Platform Drives Opportunities for Video On-Demand Platforms
  • Growing Popularity of Video-On-Demand Drives Demand for On-Demand Video Platform Services: Global Opportunity for Video On-Demand (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Spurred by Digitalization of Marketing, the Rise of Video Advertising Opens a New Growth Avenue for Online Video Platforms
  • Unprecedented Growth for Digital Marketing Spends
  • Digitalization of Marketing Brings Opportunities for Utilizing Video Marketing to Ensure Effective Customer Engagement: Global Spending on Digital Advertising & Marketing (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Here’s Why Video Marketing is the Latest Craze & the Best Part of Digital Marketing
  • With the Rise of Social Commerce, Video Advertising on Social Media is the New Buzz
  • Astounding Rise of Social Commerce Means Video Has to be the Most Important Ingredient to Achieve Desired ROI on Investments: Global Market for Social Commerce (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • Growing Popularity of Video Podcasts Drives Demand for Podcast Hosting Platforms
  • Growing Popularity of Podcasts is a Potential Business Opportunity for Online Video Platforms: Global Podcasting Market (In US$ Million) for Years 2020, 2022, 2024, and 2026
  • Appetite for Podcasts Keeps Growing: % of Population Who Have Listened or Viewed a Podcast in the Past Month by Country
  • Super-Fast Internet Browsing Speed Promised by 4G & 5G to Boost Online Video Consumption
  • 5G Brings the Promise of Increased Video Consumption, an Opportunity Online Video Platform Providers Cannot Ignore: Global Number of 5G Subscriptions (In Million) for Years 2020, 2022, 2024, 2026
  • Online Video Platforms Offer Modern Video Analytics Tools Designed to Increase Engagement
  • Growing Focus on Video Monetization Bodes Well for Market Growth
  • Blockchain & AI Make a Mark on Video Streaming Platforms

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/xjv9o

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SOURCE Research and Markets

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