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

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    Report

  • 493 Pages
  • March 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$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 17.4% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Commercial Video Platforms segment is estimated at 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.

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

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Online Video Platform in Media and Entertainment Market

What is the estimated value of the Online Video Platform in Media and Entertainment Market?

The Online Video Platform in Media and Entertainment Market was estimated to be valued at $612.9 Million in 2022.

What is the growth rate of the Online Video Platform in Media and Entertainment Market?

The growth rate of the Online Video Platform in Media and Entertainment Market is 17.3%, with an estimated value of $2200 Million by 2030.

What is the forecasted size of the Online Video Platform in Media and Entertainment Market?

The Online Video Platform in Media and Entertainment Market is estimated to be worth $2200 Million by 2030.

Who are the key companies in the Online Video Platform in Media and Entertainment Market?

Key companies in the Online Video Platform in Media and Entertainment Market include Cisco Systems, Inc., Apple, Inc., Amazon Web Services, Inc., Akamai Technologies, Inc., Baidu, Inc., Brightcove, Inc., CBS Interactive, Inc., BBC, Cloudinary Ltd. and Comcast Technology Solutions.

Table of Contents

I. METHODOLOGYII. 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
  • 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2022 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 2021 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, 2023 & 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 2023 (E)
  • CANADA
  • JAPAN
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • AUSTRALIA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
  • INDIA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
  • Online Video Platform in Media and Entertainment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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