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Online Video Platform in Media and Entertainment - Global Strategic Business Report

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    Report

  • 493 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030684

Global Online Video Platform in Media and Entertainment Market to Reach $2.2 Billion by 2030

The global market for Online Video Platform in Media and Entertainment estimated at US$732.6 Million in the year 2023, is projected to reach a revised size of US$2.2 Billion by 2030, growing at a CAGR of 15% over the analysis period 2023-2030.

Video Sharing, one of the segments analyzed in the report, is projected to record 14.8% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Commercial Video Platforms segment is estimated at 15.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $155.5 Million, While China is Forecast to Grow at 17.7% CAGR

The Online Video Platform in Media and Entertainment market in the U.S. is estimated at US$155.5 Million in the year 2023. 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 17.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.6% and 12.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 103 Featured)

  • Cisco Systems, Inc.
  • Apple, Inc.
  • Amazon Web Services, Inc.
  • Akamai Technologies, Inc.
  • Baidu, Inc.
  • Brightcove, Inc.
  • CBS Interactive, Inc.
  • BBC
  • Cloudinary Ltd.
  • Comcast Technology Solutions
  • Amobee, Inc.
  • Cincopa Ltd
  • Animoto Inc.
  • Blackbird Plc
  • Bilibili

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Online Video Platform in Media and Entertainment - Global Key Competitors Percentage Market Share in 2023 (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
  • Global Economic Outlook
  • Online Video Platform in Media and Entertainment: Definition, Overview & Benefits
  • Recent Market Activity
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (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
  • Table 1: World Recent Past, Current & Future Analysis for Online Video Platform in Media and Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Online Video Platform in Media and Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 3: World 14-Year Perspective for Online Video Platform in Media and Entertainment by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2016, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Video Sharing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Video Sharing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 6: World 14-Year Perspective for Video Sharing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Commercial Video Platforms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Commercial Video Platforms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 9: World 14-Year Perspective for Commercial Video Platforms by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 12: World 14-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Brands & Enterprises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Brands & Enterprises by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 15: World 14-Year Perspective for Brands & Enterprises by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Content Creators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Content Creators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 18: World 14-Year Perspective for Content Creators by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Individuals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Individuals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2022 and % CAGR
  • Table 21: World 14-Year Perspective for Individuals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2016, 2024 & 2030
  • Table 22: World Online Video Platform in Media and Entertainment Market Analysis of Annual Sales in US$ Thousand for Years 2016 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Cisco Systems, Inc.
  • Apple, Inc.
  • Amazon Web Services, Inc.
  • Akamai Technologies, Inc.
  • Baidu, Inc.
  • Brightcove, Inc.
  • CBS Interactive, Inc.
  • BBC
  • Cloudinary Ltd.
  • Comcast Technology Solutions
  • Amobee, Inc.
  • Cincopa Ltd
  • Animoto Inc.
  • Blackbird Plc
  • Bilibili