Skip to main content

Video On Demand Market Perform In Upcoming Years Based on Market Size, Share & Region by 2026

Video on Demand (VoD) is a system that permits users to select, watch, and listen to videos and audio content at their convenience with the help of Internet Protocol Television (IPTV) over broadband connection. Apple TV and Telstra T-Box are some of the most widely used video on demand services. IPTV service is responsible for converting television signals into computer data. Hence, IPTV provides information in IP format. So channels are programmed in IP format and the data is flowed to the television over a set top box or similar device that acts as a decoder. IPTV provides an extensive range of videos and accessibility to various devices, as well as enables users to control the time spent on watching videos.


Increasing adoption of digital media across the globe, attributed to the rising utilization of mobile devices and proliferation of high speed broadband connectivity, is driving growth of the video on demand market. For instance, in the U.S., digital media consumption is increased significantly due to the presence of leading digital media players such as Netflix, Hulu, Amazon, and Apple TV.

Growing adoption of mobile devices is expected to augment demand for digital media consumption, in turn driving growth of the global VOD market. According to Coherent Market Insights analysis, the global smartphone market witnessed growth of over 15% and over 2 billion mobiles were sold globally in 2016. Increasing adoption of mobile devices is consequently expected to increase the use internet access. For example, in India, the number of internet users grew by around 21% in 2016. This will in turn, provide consumers with information according to their choice, entertainment, and social activity, at any given place and time. According to Coherent Market Insights’ analysis, as of 2016, the global audio and video traffic accounted for over 80% of the global internet traffic.


Emerging economies are expected to offer significant potential for market growth, owing to rapid development of internet connectivity enabled infrastructure

The U.S., Western Europe, Japan, and few emerging economies such as China, are striving to develop 5G infrastructure. For instance, in June 2017, China Academy of Information and Communications Technology, forecasted the combined expenditure of the three domestic network operators to reach around 46 billion in 2023. 5G technology is expected to reach commercialization by 2022, specifically in developed economies. This is further expected to boost the existing video streaming market over the forecast period, for both, enterprise and recreational purposes.

Major players operating in the global video on demand market include Alcatel-Lucent, Fujitsu, ZTE Corporation, Ericsson, Huawei Technologies, Akamai Technologies, Inc., Avaya, Level 3 Communications, AT&T, and Cisco.

Comments

Popular posts from this blog

Ethernet Switches Market Set Explosive Growth to 2026

An Ethernet switch is a multiport LAN interconnection device that supports large number of segments in a packet switching network. It logically divides the traffic towards the segment between the source and destination, which allows for efficient utilization of bandwidth. Along with efficient routing the other benefits of Ethernet switches are increased security as data is routed only to the desired destination, better management, and ability to use some links in full duplex. Download PDF Brochure @ https://www.coherentmarketinsights.com/insight/request-pdf/1815 Advancements in technology is the major factor driving growth of the Ethernet switch market Advancements in technology such as big data and cloud computing, is increasing the accessibility to internet for personal purpose, commercial as well as industrial purposes. For IT organizations, big data is used for purposes other than for deploying new application or software, such as Hadoop. These advancements increase the d...

Automotive Collision Avoidance System Market Comprehensive Study by Key Players, Size, Share Till 2026

A lot of the vehicular accidents reported worldwide can be effectively curbed by the implementation of efficient safety systems such collision avoidance systems. These systems are increasingly being deployed in various applications such as aerospace, marine, industrial robotics, and unmanned autonomous vehicles to ensure enhanced safety. Collision avoidance system primarily integrates radar and/rear- and front-mounted cameras to constantly monitor the vehicular traffic immediately ahead and behind the vehicle. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1128 The system constantly tracks scans the immediate surroundings of the automotive and alerts the driver if it detects any impending collision or if the vehicle veers off the lane. In case the driver fails to respond, it may deploy emergency brakes in order to avert a collision. The rising installation of sensors technology in automotive and increasing road accidents are so...

Content Delivery Network Market Regional Share and CAGR% Report Analysis During 2018-2026

A content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content data across various geographical locations. Content delivery network delivers a large portion of online content, including web objects (scripts, graphics and text), downloading objects (documents, software, and media files), applications (portals and e-commerce), social networking, on-demand streaming media, and live streaming media. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1155 Market Dynamics On the basis of geography, the content delivery network market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. The Asia Pacific region is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries driving the content delivery network market in this region. Increasing number of internet users a...