NEW YORK, October 31, 2022 /PRNewswire/ — The global audio video on demand market is categorized as part of the global interactive home entertainment market within the global media and entertainment market. The global senior media and entertainment market includes companies that offer products, services and solutions in advertising, broadcasting, cable and satellite, publishing, movies and entertainment, interactive home entertainment, and interactive media and services. The global interactive home entertainment market includes companies involved in the production of interactive gaming products, including mobile gaming applications. It also includes educational software that is mainly used in the home. Technavio calculates the size of the global media and entertainment market based on combined revenue generated by companies involved in the provision of media, entertainment, and interactive media and services. The parent market is driven by the growing adoption of mobile gaming and the growing adoption rate in developing markets.
The global audio video on demand market size is expected to grow by USD 165.39 billion between 2021 and 2026. However, the growth momentum is expected to decelerate at a CAGR of 13.78% during the forecast period. Download Free PDF Sample Report
Audio Video On Demand Market: Major Growth Drivers
The audio video on demand market growth is expected to be driven by the growth in mobile advertising spend. Currently, mobile advertising is one of the most popular methods of advertising and is mainly driven by the increasing penetration of tablets, smart phones, increasing penetration of the Internet, and the development of various mobile apps. The global mobile app download market recorded 230 billion downloads in 2020. Service providers develop mobile applications to provide customers with easy access and use. The increasing adoption of mobile devices and the subsequent rise in mobile application downloads have made most of the songs and albums available in the app for streaming and downloading. Moreover, these apps also provide an easy payment option to the subscribers of premium services, which attracts more customers. Users are required to fill in their personal details, which helps sellers retain a larger customer base through targeted advertising. Thus, the growth in mobile advertising spending is driving the growth of the global audio video on demand market.
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Reasons to Purchase 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 factors that will support the growth of the audio video on demand market during the next five years
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Estimate the size of the audio video on demand market and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behaviour
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The growth of the audio video on demand market across North America, EuropeAPAC, Middle East a Africaa South America
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Analysis of the competitive market landscape and detailed vendor information
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Comprehensive details of factors that will challenge the growth of audio video on demand market vendors. BUY NOW
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Scope of the Audio Video On Demand Market |
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Scope of the Report |
Details |
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Page number |
120 |
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Foundation year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
slowing at a CAGR of 13.78% |
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Market growth 2022-2026 |
USD 165.39 billion |
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Market structure |
Fragmented |
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YoY Growth (%) |
16.94 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Perform market contribution |
North America at 38% |
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Key user countries |
USA, China, Japan, UK, and Germany |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Alphabet Inc., Amazon.com Inc., Apple Inc., AT and T Inc., CBS 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. |
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Market Dynamics |
Parent market analysis, market growth drivers and barriers, Fast growing and slow growing segment analysis, impact of COVID-19 and future consumer dynamics, and market state analysis for the anticipated period. |
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Purview adjusted |
If our report hasn’t included the data you’re looking for, you can reach out to our analysts and get customized segments. |
Table of contents:
1 Executive Summary
2 The Market Landscape
3 Market Size
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographical Landscape
8 Triggers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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