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.
Although the COVID-19 pandemic continues to transform the growth of
various industries, the immediate impact of the outbreak is varied. While a few
industries will register a drop in demand, numerous others will continue to
remain unscathed and show promising growth opportunities. Technavio’s in-depth
research has all your needs covered as our research reports include all
foreseeable market scenarios, including pre- & post-COVID-19
analysis. Download a Free Sample Report on
COVID-19 Impacts
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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Technavio's custom research reports offer detailed insights on the
impact of COVID-19 at an industry level, a regional level, and subsequent
supply chain operations. This customized report will also help clients keep up
with new product launches in direct & indirect COVID-19 related markets,
upcoming vaccines and pipeline analysis, and significant developments in vendor
operations and government regulations.
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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