Netflix, Amazon Prime Video, Hulu, YouTube, Facebook to hold a dominant amount of market Share in Terms of Revenue

Pune, India -- (SBWire) -- 06/10/2019 --In 2018 Netflix collaborated with Tata Sky (a DTH satellite provider in India), giving the Tata Sky subscribers' access to receive international content on demand. This has increased the demand for video on demand services in India. The global demand for video on demand is likely to increase in response to the increasing penetration of the Internet around the world. According to a report published by Fortune Business Insights, titled "Video On Demand Market: Global Market Analysis, Insights and Forecast, 2018-2025" the Global Video On Demand Market was valued at US$ 43.9 Bn in 2017, and is expected to expand at a CAGR of 9% and reach US$ 87.1 Bn by the end of 2025.

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The video on demand adoption process is very simple. An end user need to choose a service provider based on the subscription plans offered and certain other factors. Some of the key service providers operating in the global video on demand market are Amazon.com Inc., Hulu LLC, Verizon Communication LLC, Apple Inc., Netflix Inc., Telefonaktiebolaget LM Ericsson (Ericsson Television), YouTube, Comcast Corp, Hotstar, and Canalplay.

In terms of application, TV entertaintment held the highest market share in the global video on demand market and is expected to emrge as the doimanat segment even during the forecast period. Besides Tv entertainment, the sports and movie segment has witnessed high demand and the segment is expected to gorw at a good pace as users prefer to watch sports events and movies through video on demand streaming.

Improving Network Infrastructure to Facilitate Rapid Adoption of Videon on Demand
"Intiative by key market players to facilitate smartphone penetration and high awareness about Internets's advantage among undeveloped and developing nations are likely to increase the global demand for visdeo on demand", said a lead analyst at Fortune Business Insights.

Rapid adoption of smartphones integrated with advent technology and constant development in network infrastructure are expected to facilitate the adoption of high speed internet. These are a few factors anticipated to push the growth rate of the global video on demand market during the forecast period 2018-2025. Additionally, high demand from consumer for instant satisfaction and consumer impatience are some of the major factors expected to drive the global video on demand market.
On the cobntrary, high cost associated with subscription plans, slow data speed, and zero presence of Internet in several ares of Africa and Asia Pacific are some of the factors that may hinder the growth in the glovbal video on demand market during the forecast period.

Collabration Among key Content Producers and Video on Demand Service Providers to Propel the Demand for Video on Demand

North America, was the highest shareholder in the global video on demand market in 2018 owing to the high presence of video on demand service providers and high adoption of video on demand services in the region. Moreover, collbaration of key content producer with videon on demand service providers to facilitate production of quality and new content has led to rapid adoption of viode on demand service in the region. The video on demand market in Asia Pacific is also expected to witness upward growth due to increasing consumption of pey-per-view movie and program. The Asia Pacific market for video on demand is anticipated to rise at the highest CAGR among all regions owing to the increasing penitartaion of Internet and prliferation of smart devices such as phones, TV, video games and others.

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Fortune Business Insight's report also provides an insightful overview of opportunities, strategies used by the leading organization in the market, and the potential areas of development.

Key Companies Covered in The Reports
- Youtube LLC
- Netflix Inc.
- Hulu LLC
- Amazon Prime Video
- Apple Inc.
- Other players

Browse Complete Report Details Enabled with Complete Tables and Figures is Available:
https://www.fortunebusinessinsights.com/industry-reports/video-on-demand-market-100140

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