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Video on Demand (VOD) Services - Global Market Trajectory & Analytics

  • ID: 3619382
  • Report
  • April 2021
  • Region: Global
  • 294 pages
  • Global Industry Analysts, Inc
Global Video on Demand (VOD) Services Market to Reach $98.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Video on Demand (VOD) Services estimated at US$50.9 Billion in the year 2020, is projected to reach a revised size of US$98.6 Billion by 2027, growing at a CAGR of 9.9% over the analysis period 2020-2027. SVOD, one of the segments analyzed in the report, is projected to record a 10.2% CAGR and reach US$75 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the AVOD segment is readjusted to a revised 9.4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $13.8 Billion, While China is Forecast to Grow at 13.3% CAGR

The Video on Demand (VOD) Services market in the U.S. is estimated at US$13.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$21 Billion by the year 2027 trailing a CAGR of 13.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.7% and 8.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.

TVOD Segment to Record 8.2% CAGR

In the global TVOD segment, USA, Canada, Japan, China and Europe will drive the 7.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.5 Billion in the year 2020 will reach a projected size of US$7.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14.1 Billion by the year 2027, while Latin America will expand at a 9.6% CAGR through the analysis period.

Select Competitors (Total 120 Featured):
  • Alphabet Inc.
  • Amazon Inc.
  • Apple Inc.
  • CinemaNow
  • Comcast Corporation
  • DirecTV LLC
  • Dish TV
  • HBO
  • Hulu LLC
  • Indieflix Inc.
  • MatrixStream Technologies Inc.
  • Netflix Inc.
  • Sky plc
  • TalkTalk TV
  • Time Warner Inc.
  • Verizon Communications Inc.
  • Virgin Media plc
  • Vudu Inc.
  • YouTube LLC
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • VOD Takes Flight in the Era of Instant Gratification & On-Demand Disruption
  • Recent Market Activity
  • VOD: Market Overview
  • VOD Elbows Out Blu-Ray & DVDs to Emerge as the Future of Entertainment
  • VOD: A Necessity to Stay Relevant in the Entertainment & Broadcasting Sector
  • Developed Regions: Key Revenue Contributors
  • Developing Markets: The Focal Point for Future Growth
  • Pay TV VOD Services Dominate the VOD Market
  • Challenges Facing the VOD Market
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Alphabet, Inc. (USA)
  • YouTube, LLC (USA)
  • Amazon, Inc. (USA)
  • Apple, Inc. (USA)
  • CinemaNow (USA)
  • Comcast Corporation (USA)
  • Crackle, Inc. (USA)
  • DirecTV LLC (USA)
  • Dish TV (India)
  • Hulu, LLC (USA)
  • Indieflix, Inc. (USA)
  • MatrixStream Technologies, Inc. (USA)
  • Netflix, Inc. (USA)
  • Sky plc (UK)
  • SnagFilms, Inc. (USA)
  • TalkTalk TV (UK)
  • Time Warner, Inc. (USA)
  • HBO (USA)
  • Verizon Communications, Inc. (USA)
  • Virgin Media plc (UK)
  • Vudu, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • A Peek into Baseline Factors Feeding Consumer Appetite for VOD
  • Uptrend in Internet Usage: Cornerstone for Present & Future Growth
  • Wider Availability of High-Speed Broadband Spawns Incredible Demand
  • Changing Video Consumption/Viewing Patterns
  • Proliferation of Smart VOD-Capable Devices
  • Multi-Screen Viewing Rises in Prominence
  • VOD Viewing On Smartphones and Tablets Grows in Popularity
  • Special Focus on Connected TV Devices as a Key VOD Visibility Accelerator
  • Stellar Growth in 4K UHD TV Domain Creates Fertile Environment
  • Global Rollout of 4G LTE Networks Triggers Huge Demand
  • Other Major Factors Spurring Growth in the Market
  • Rise in Binge Watching Bodes Well for Growth
  • Launch of New Streaming Devices Benefits Growth
  • Consumer Preference for Premium Content Spurs Consumption of On-Demand Services
  • VoDaaS Gains Prominence among Service providers as an Architectural Framework for Delivering VOD
  • Expanding Opportunities in Non-Entertainment Sectors to Fuel Future Growth
  • The Drive Against Media Piracy Spurs Opportunities for VOD
  • Advanced Technological Features of Modern Connected Devices Enhance Appeal & Image of VOD Services
  • HEVC/ H.265 Redefines Playback Functionality
  • Quantum Dot for Unmatched Brightness & Color Signature
  • HDMI 2.0 Enhances AV Connectivity
  • Dolby Vision HDR for Premium Entertainment Experience
  • Cloud Broadcast Gathers Steam in VOD Delivery
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 120
Note: Product cover images may vary from those shown
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