
NEW YORK, October 31, 2022 /PRNewswire/ — Global audio video on demand is categorized within the global media and entertainment market as part of the global interactive home entertainment market. The global media and entertainment market includes companies that provide products, services and solutions in advertising, broadcasting, cable and satellite, publishing, film and entertainment, interactive home entertainment, interactive media and services. The global interactive home entertainment market includes companies engaged in the production of interactive gaming products, including mobile gaming applications. It also includes educational software that is mainly used at home. Technavio estimates the size of the global media and entertainment market based on the aggregate revenue from companies involved in the provision of media, entertainment and interactive media and services. The parent market is driven by the growing use of mobile games and higher adoption rates in emerging markets.
The global audio video on demand market volume is expected to increase USD 165.39 billion Between 2021 and 2026. However, the growth rate is expected to decelerate at a CAGR of 13.78% during the forecast period. Download a free PDF sample report
Audio video on demand market: key drivers of growth
Audio on demand market growth is expected to lead the video the rise of mobile ad spending. Mobile advertising is currently one of the most popular methods of advertising and is mainly due to the increasing penetration of tablets, smartphones, increasing Internet penetration and the development of various mobile applications. The global mobile app download market recorded 230 billion downloads in 2020. Service providers are developing mobile applications to provide easy access and usage to customers. The rise in mobile device usage and the increase in mobile app downloads has made more songs and albums available in-app for streaming and download. In addition, these apps offer an easy payment option for premium service subscribers, which attracts more customers. Users need to fill in their personal details, which helps vendors retain a larger customer base through targeted advertising. Thus, rising mobile ad spending is fueling growth in the global audio-video-on-demand market.
The report helps businesses strategize to make the most of future growth opportunities. View a free PDF sample report
Reasons to Buy Audio Video on Demand: Market Report:
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Market CAGR during the forecast period 2022-2026
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Detailed information on the factors that will help audio video on demand market growth over the next five years
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Estimate the size of the audio video on demand market and its contribution to the mainstream market
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Predictions about upcoming trends and changes in consumer behavior
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The growth of audio video on demand market North America, EuropeAPAC, Middle east and Africaand South america
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Market competitive landscape analysis and detailed vendor information
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Detailed details of the factors hindering the growth of audio video on demand market by manufacturers. BUY NOW
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Audio video on demand market scale |
|
Report coverage |
Detail |
Page number |
120 |
Base year |
2021 |
Predictive period |
2022-2026 |
Growth momentum and CAGR |
13.78% slowdown in CAGR |
Market growth in 2022-2026 |
USD 165.39 billion |
Market structure |
Divided |
annual growth (%) |
16.94 |
Regional analysis |
North America, Europe, APAC, Middle East & Africa and South America |
Market share performance |
North America 38% |
Main consumer countries |
USA, China, Japan, UK and Germany |
The competitive landscape |
Leading companies, competitive strategies, scope of customer engagement |
Profiled companies |
Alphabet Inc., Amazon.com Inc., Apple Inc., AT and T Inc., CBC Radio Canada, Comcast Corp., Contus, Hungama Digital Media Entertainment Pvt. Ltd., iHeartMedia Inc., Indieflix Inc., Meta Platforms Inc., Mood Media Corp., Muvi LLC, Netflix Inc., Roku Inc., Spotify Technology SA, The Walt Disney Co. and Tubi Inc. |
Market dynamics |
Primary Market Analysis, Market Growth Inducers and Barriers, Fast Growing and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics and Market Status Analysis for the Forecast Period. |
Customizable |
If our report does not have the data you are looking for, you can contact our analysts and customize the segments. |
Table of contents:
1 Conclusion
2 Market landscape
3 Determining the size of the market
4 Five forces analysis
5 Market segmentation by product
6 Customer landscape
7 Geographical landscape
8 Drivers, challenges and trends
9 Vendor landscape
10 Vendor Analysis
11 Appendix
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