Online Video Platform Market by Type, End-user, and Geography - Forecast and Analysis 2020-2024

The online video platform market and it is poised to grow by USD 986.66 mn during 2020-2024, progressing at a CAGR of almost 16% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.



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Frequently Asked Questions:

  • What are the major trends in the market?
    Live streaming of video is a major trend driving the growth of the market.
  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 21.18% and the incremental growth of the market is anticipated to be $ 986.66 mn.
  • Who are the top players in the market?
    Akamai Technologies Inc., Alphabet Inc., Amobee Inc., Brightcove Inc., Comcast Corp., Limelight Networks Inc., Panopto Inc., RTL Group SA, Verizon Communications Inc., and Workday Inc, are some of the major market participants.
  • What is the key market driver?
    The rise in online video consumption is one of the major factors driving the market.
  • How big is the APAC market?
    The APAC region will contribute 38% of the market share.

 

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Akamai Technologies Inc., Alphabet Inc., Amobee Inc., Brightcove Inc., Comcast Corp., Limelight Networks Inc., Panopto Inc., RTL Group SA, Verizon Communications Inc., and Workday Inc. are some of the major market participants. The rise in online video consumption will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Online Video Platform Market 2020-2024: Segmentation

Online Video Platform Market is segmented as below:

  • Type
    • UGC
    • DIY
    • SaaS
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America
  • End-user
    • Brands And Enterprises
    • Content Creators
    • Individuals

Online Video Platform Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online video platform market report covers the following areas:

  • Online Video Platform Market Size
  • Online Video Platform Market Trends
  • Online Video Platform Market Industry Analysis

This study identifies live streaming of video as one of the prime reasons driving the Online Video Platform Market growth during the next few years.

 


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