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Online Video Platform Market Size
- Report ID: GMI2429
- Published Date: Sep 2020
- Report Format: PDF
Online Video Platform Market Size
Online Video Platform Market size exceeded USD 1 billion in 2019 and is estimated to expand at 15% CAGR between 2020 and 2026. Rising number of smartphone users across the world is likely to boost the industry growth. According to ‘The Mobile Economy 2020’ report published by GSMA, the number of smartphone connections across the world was 65% of the total population and is expected to reach 80% by 2025.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Online Video Platform Market Size in 2019: | 1 Billion (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 15% |
| 2026 Value Projection: | 3 Billion (USD) |
| Historical Data for: | 2015 to 2019 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 273 |
| Segments covered: | Type, Business Model, Application and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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The industry is witnessing the surging growth due to growing popularity of online video content over the traditional entertainment industry such as television and theatre. The increase in the number of online video viewing platforms, such as YouTube and Vimeo, is enabling content creators and enterprises to use online video platforms to create content to reach the maximum target audience. These platforms are helping brands and content creators to increase their sales in the market through online advertising.
Frequently Asked Questions (FAQ) :
Online Video Platform Market Scope
