NEW
YORK, Feb. 7, 2025 /PRNewswire/ -- Report on how
AI is driving market transformation - The global online video
platform market size is estimated to grow by USD 2.39 billion from 2025-2029, according to
Technavio. The market is estimated to grow at a CAGR of
20.7% during the forecast period. Increase in number of
streaming platforms is driving market growth, with a
trend towards live streaming of videos. However, free
open-source video platform poses a challenge. Key market
players include Adobe Inc., Akamai Technologies Inc., Alphabet
Inc., Bharti Airtel Ltd., Brightcove Inc., Comcast Corp., Dacast
Inc., International Business Machines Corp., Kaltura Inc.,
MediaMelon Inc., MediaPlatform Inc., Panopto Inc., Piksel srl,
Samba Mobile Multimidia SA, Telstra Corp. Ltd., Viacom18 Media Pvt.
Ltd., Vimeo.com Inc., Viostream, Wistia Inc., and Youku Tudou
Inc..
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Online Video
Platform Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2024
|
Historic
period
|
2019 - 2023
|
Forecast
period
|
2025-2029
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
20.7%
|
Market growth
2025-2029
|
USD 2386
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
16.9
|
Regional
analysis
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
APAC at 40%
|
Key
countries
|
US, China, Germany,
Canada, UK, India, Japan, France, Italy, and South Korea
|
Key companies
profiled
|
Adobe Inc., Akamai
Technologies Inc., Alphabet Inc., Bharti Airtel Ltd., Brightcove
Inc., Comcast Corp., Dacast Inc., International Business Machines
Corp., Kaltura Inc., MediaMelon Inc., MediaPlatform Inc., Panopto
Inc., Piksel srl, Samba Mobile Multimidia SA, Telstra Corp. Ltd.,
Viacom18 Media Pvt. Ltd., Vimeo.com Inc., Viostream, Wistia Inc.,
and Youku Tudou Inc.
|
Market Driver
Online videos have become essential for businesses looking to
engage consumers and influence buying decisions. Live streaming, a
real-time Internet broadcast, is a popular trend among brand
owners. Social media platforms like Facebook, YouTube, Snapchat,
and Twitter have invested in enhancing live streaming capabilities.
Brands use live streaming for tutorials, product launches, news,
humor, and regular series. Monetization methods include
micropayments, mid-roll ads, and social platform payments. These
factors contribute to the growth of the Online Video Platform
market.
The online video platform market is experiencing significant
growth with an increasing number of users and businesses adopting
video content. Large scales of live streaming and on-demand videos
are driving this trend. Monetization strategies such as ads,
subscriptions, and sponsorships are becoming more common. Uses
include education, entertainment, marketing, and communication.
Platforms offer various features like video analytics,
customization, and integration with social media. User-generated
content and interactive tools are also popular. The market is
competitive with players like YouTube, Vimeo, and Facebook Live.
Usage is expected to continue growing due to the convenience and
engagement provided by online videos.
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Market Challenges
• The Online
Video Platform (OVP) market is experiencing significant growth due
to the increasing popularity of video content on the Internet.
Brands are leveraging free video hosting platforms like YouTube,
Metacafe, and Blip.tv to enhance their online presence. These
platforms offer millions of videos on various topics and provide
access to commercial content. Paid OVPs face intense competition as
customers can access free live TV shows, sports events, movies, and
news online with high-definition streaming. Consequently, the
global OVP market is expected to grow substantially during the
forecast period, as free Internet services restrict the use of paid
services.
• The online
video platform market is experiencing significant growth, with an
increasing number of businesses utilizing video content for
marketing and communication purposes. However, this market also
presents several challenges. One major challenge is creating
high-quality video content that engages and retains viewer
attention. Another challenge is optimizing videos for search
engines and social media platforms to increase reach and
visibility. Additionally, ensuring video accessibility on various
devices and ensuring secure video hosting are ongoing concerns.
Furthermore, monetizing video content through ads or subscriptions
can be complex, requiring a deep understanding of audience
demographics and viewer behavior. Lastly, keeping up with the
latest video technology trends and maintaining a consistent brand
image across all video content can be time-consuming and
resource-intensive.
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Segment Overview
This online video platform market report extensively covers
market segmentation by
- End-user
-
- Individuals
- Brand And Enterprises
- Content Creators
- Type
-
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
1.1 Individuals- Online Video Platforms (OVPs)
have become essential tools for individuals to share content
without the need for organizational affiliation. User-generated
videos (UGVs) account for 80-85% of global trust, surpassing that
of traditional sources. UGVs serve various purposes, including
entertainment, education, and opinions on goods and services.
Trusted UGVs can boost product usage and OVP revenue. The
individual Internet video market contributes significantly to OVP
growth during the forecast period.
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dynamics
Research Analysis
In the rapidly evolving digital landscape, the Online Video
Platform (OVP) market continues to gain momentum. With the
proliferation of smartphones and handheld devices, live streaming
has become a preferred mode of video content consumption.
Monetization of channels through streaming services is a
significant trend, enabling content creators to reach a global
audience. Telecom networks, including 4G and the emerging 5G
network, facilitate seamless internet access for live streams.
Transcoding and managing video content is crucial for publishers to
ensure smooth delivery to viewers. Television is no longer confined
to traditional broadcasting, as online video advertising becomes an
integral part of video-based marketing content. Tracking viewer
engagement and analytics is essential for optimizing revenue
streams in this dynamic market.
Market Research Overview
The Online Video Platform market is a dynamic and growing
industry, characterized by its ability to deliver high-quality
video content to consumers on-demand. This market encompasses
various technologies and services, including streaming, video
hosting, and video analytics. The market caters to various sectors
such as education, entertainment, advertising, and corporate
training. The platforms offer features like adaptive bitrate
streaming, personalized recommendations, and social media
integration. The market is driven by factors such as increasing
internet penetration, rising consumer demand for on-demand content,
and advancements in video compression technology. The future of the
Online Video Platform market looks promising, with continued
innovation and expansion into new areas like virtual and augmented
reality.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Individuals
- Brand And Enterprises
- Content Creators
- Type
-
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio