Online video platforms have become increasingly popular in recent years. These platforms allow users to upload, share, and view videos without having to download or install any software. Some of the most well-known online video platforms include YouTube, Facebook, and Instagram. These platforms can be used to create and share videos of all types, from educational materials to humorous moments. Online video platforms are an excellent way to promote your business or product, connect with potential customers, and build your brand.
In 2021 year, The Worldwide Online Video Platform’s market value was USD 6,142 million. The market is expected to grow at a compound annual increase rate (CAGR) of 19.3% between 2022-2032.
An online video platform can be described as a fee-based software. It allows content owners or publishers to transcode and store, publish, track and monetize online videos. The platform also allows users to live stream videos, simultaneously record and upload live broadcasting, as well as host videos as needed. As the devices can be used to stream live or preloaded video content, the online platform is seeing significant adoption from tablets and smartphones.
#Top : 12 World Biggest online video platform Market Companies – 2022
- Akamai Technologies
- Brightcove Inc.
- Comcast Cable Communications Management, LLC
- Endavo Media.
- Frame.io, Inc.
- Kaltura, Inc.
- Limelight Networks
- Longtail Ad Solutions, Inc. (JW PLAYER)
- MediaMelon Inc.
- Ooyala Inc. (Telstra
- Other Key Players
The growing popularity of online videos has led to significant growth in this market over the past few decades. With viewership surpassing traditional TV channels like satellite or cable, it is now a more popular option than ever. The market for online video platforms is growing in developed countries, such as North America, Europe and Asia. AT&T owned DirecTV, an American satellite pay TV provider, lost 1.2million PayTV customers in 2018. This was largely due the increasing competition from Over the Top and Video on Demand players. DirecTV Now, AT&T’s online version, attracted 436,000 new subscribers the year before. This is due to shifting preference towards online video content.
The e-learning industry has seen significant growth in the education sector. This is due to the strict lockdown policies enforced by governments worldwide, which have forced schools and colleges to offer classes online. Many working professionals have enrolled in online programs as a way to improve their skills and remain relevant in their industries due to the ongoing lockdown. LinkedIn, for instance, saw a 130% increase in its total memberships and 26% in its total advertising revenue in March 2020.
Segments Covered in the Report
– Video Processing
– Video Management
– Video Distribution
– Video Analytics
– Other Types
By Streaming Type
– Live Streaming Type
– Video on Demand
– Media & Entertainment
– IT and Telecom
– Other End-Users
Scope of the report @ https://market.us/report/online-video-platforms-market/request-sample/
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