The Business Research Company’s report on the Online Video Platform Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the online video platform market’s growth in recent years?
The growing demand for smartphones is expected to propel the growth of the online video platform market going forward. A smartphone refers to a portable electronic gadget with cellular connectivity and a multi-functional mobile phone handset with features such as a camera, web browser, and high-density display. Smartphones can operate video streaming services such as live streaming capabilities, 24/7 support, adaptive bit-rate streaming, and other services, which act as an online video platform for video playback to provide entertainment. For instance, in 2023, according to the Groupe Speciale Mobile Association, an UK-based industry organization, as of January 2023, there were 229 commercial 5G networks worldwide, and more than 700 models of 5G smartphones had been launched, with over 200 introduced in 2022. Thus, the growing demand for smartphones is driving the online video platform market.
Access Your Free Sample of the Global Online Video Platform Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9159&type=smp
How does the future projection of the online video platform market size compare to its historical growth?
The online video platform market size has grown rapidly in recent years. It will grow from $11.83 billion in 2024 to $14.13 billion in 2025 at a compound annual growth rate (CAGR) of 19.4%. The growth in the historic period can be attributed to surge in online video consumption, rise of over-the-top (OTT) services, monetization opportunities, globalization of content distribution, content creation and user-generated content (UGC).
The online video platform market size is expected to see exponential growth in the next few years. It will grow to $31.26 billion in 2029 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to proliferation of streaming services, integration of artificial intelligence (AI), emergence of virtual events and live streaming, enhanced mobile video consumption, collaborations and original content production. Major trends in the forecast period include enhanced content moderation and safety measures, global expansion of video-on-demand (VOD) services, integration of e-commerce and shoppable videos, adoption of high-quality video compression technologies, innovations in video analytics and audience insights.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=9159&type=smp
Which key players are shaping the future of the online video platform market?
Major companies operating in the online video platform market include International Business Machines Corporation, YouTube LLC, TwentyThree ApS, Akamai Technologies Inc., MediaMelon Inc., SproutVideo LLC, Ziggeo Inc., Vimeo Inc., VideoBloom Inc., Edgio Inc., Dailymotion SA, Brightcove Inc., Comcast Technology Solutions, SpotX Inc., Longtail Ad Solutions Inc., Dalet Digital Media Systems USA Inc., Vidyard Inc., Kaltura Inc., Wistia Inc., Pixability Inc., Livestream LLC, Vplayed Inc., Dacast Inc., Endavo Media & Communications Inc., Cincopa Ltd., Frame.io Inc., Panopto Inc., Niche Video Media LLC, Ensemble Video Platform
What trends will propel the growth and evolution of the online video platform market?
Technological advancement is a key trend in the online video platform market. Major companies operating in the market are advancing toward video technology. For instance, in September 2022, Minute Media, a UK-based digital-first media company, launched its own supply-side platform (SSP) to provide a more efficient and direct connection between publishers and brands working within the programmatic advertising ecosystem. Minute Media’s SSP integrates with Voltax, its proprietary video and multimedia publishing-as-a-service platform, as well as a number of third-party video players, demand wrappers, and some of the world’s largest DSPs connecting directly or via programmatic infrastructure provider, BidSwitch, with new partners continuously being added.
Which regions are expected to become dominant players in the online video platform market?
North America was the largest region in the online video platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global online video platform market during the forecast period. The regions covered in the online video platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/online-video-platform-global-market-report
What are the emerging key segments in the online video platform market, and how are they evolving?
The online video platform market covered in this report is segmented –
1) By Type: Video Processing, Video Management, Video Distribution, Video Analytics, Other Types
2) By Business Models: User Generated Content (UGC) Model, Software As A Service (SaaS) Model, Do It Yourself (DIY) Model
3) By Streaming Type: Live Streaming Type, Video On Demand
4) By Application: Content Creator, Brand And Enterprise
5) By End-User: Media And Entertainment, BFSI, Retail, Education, IT And Telecom, Other End-Users
Subsegments:
1) By Video Processing: Encoding And Transcoding Services, Video Editing Tools, Real-Time Video Processing
2) By Video Management: Content Management Systems (CMS), Digital Asset Management (DAM), Metadata Management
3) By Video Distribution: Content Delivery Networks (CDN), Live Streaming Services, Video Hosting Platforms
4) By Video Analytics: Viewer Engagement Analytics, Performance Metrics And Reporting, Audience Insights And Demographics
5) By Other Types: Video Monetization Solutions, Security And DRM (Digital Rights Management), Interactive Video Features
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9159
What defines the structure and scope of the online video platform market?
Online video platform (OVP) is a digital service that enables users to upload, manage, and stream videos online. It is used for hosting, live streaming, and distributing video content across multiple devices. OVPs offer scalability, help increase audience engagement, support content monetization, and provide analytics for better performance insights.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
