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Video on Demand Market Size to Reach USD 257.59 Billion, at a 17.6% CAGR by 2029

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Pune,India, April 04, 2023 (GLOBE NEWSWIRE) — The video on demand market size is predicted to reach USD 257.59 billion by 2029 and exhibit a CAGR of 17.6% during the projected period. Fortune Business Insights has presented this information in its report titled, “Video on Demand Market Forecast, 2023-2029”. The market stood at USD 69.55 billion in 2021 and USD 82.77 billion in 2022.

Key Industry Developments-

Amazon.com Inc. has introduced prime video channels in India. For its prime members, the premium video Channels offer access to several on-demand video channels, including Eros Now, Lionsgate Play, discovery+, Hoichoi, Docubay, Manorama Max, MUB, and Shorts TV.

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Report Scope & Segmentation

Report Coverage Details
Forecast Period 2022 to 2029
Forecast Period 2022 to 2029 CAGR 17.6%
2029 Value Projection USD 257.59 Billion
Base Year 2021
Video on Demand Market Size in 2021 USD 69.55 Billion
Historical Data for 2018 to 2020
No. of Pages 120
Segments covered Revenue Model, Content Type, Region


Key Takeaways-

  • Video on Demand Market is expected to flourish & reach USD 257.59 Billion in 2029
  • VoD provides users with access to an online video collection that can be viewed at any time, from any suitable device.
  • The amount of traffic to video-on-demand services is increasing as a result of smart TVs, smartphones, and OTT platform adoption becoming more widespread.
  • Due to the increase in demand for promotional videos for goods and services, ad-based services (AVoD) are gradually expanding.
  • Video on Demand Market Size in North America was USD 28.13 Billion 2021

Drivers & Restraints-

Growing Adoption of Smart Devices and Online Streaming Applications Benefits Growth

The increasing adoption of smart TVs, smartphones, and OTT platforms increases the volume of video-on-demand service traffic. According to a March 2020 report from Cisco Systems, Inc., mobile connectivity will be available to more than 70% of the world’s population by 2023. Global mobile subscriber rate is expected to increase from 5.1 billion (66% of population) in 2018 to 5.7 billion (71% of population) by 2023.

Online media consumption has increased dramatically in recent years. Mobile devices have surpassed desktop computers as the primary source of online media consumption. As smartphone popularity grows, so will data usage, resulting in an increase in online video consumption.

Furthermore, over-the-top (OTT) platforms are content providers that are rapidly expanding as more people seek entertainment through online channels. According to a ComScore report published in November 2021, more than 50 million households worldwide already have access to OTT video, which they watch at the same rates as traditional TV viewers. However, rising concerns among market participants about video content piracy and protection are expected to hinder the growth of the global video on demand market growth.

Browse Complete Report Details- https://www.fortunebusinessinsights.com/industry-reports/video-on-demand-market-100140

Regional Insights-

North America to Hold the Largest Share of the Global Market

North America is expected to have the largest video on demand market share during the projected period. Key players in the region, including Amazon, Netflix, Apple Inc., and others, are concentrating on the development of advanced VoD services for users. Furthermore, North America is becoming increasingly diverse as a result of increased investment by major players and a surge in the adoption of advanced technologies such as cloud computing and artificial intelligence. VOD platform developers use these technologies to efficiently automate the video streaming process.

During the forecast period, Asia Pacific is expected to grow at the fastest CAGR. This growth is attributable due to the presence of a large customer base and an increase in mobile internet users across a variety of populous countries. global market players are expanding their footprint in this region due to increased demand from end-users for TV entertainment, music, sports, and other services.

The Middle East and Africa are expected to grow significantly during the projected period. The growth is due to the rapid growth of the media and entertainment industries. The Latin American market is also expanding at a moderate rate as a result of increased investment by the world’s leading companies. One of the driving factors is the increase in smartphone penetration and internet connectivity in Brazil, Argentina, Mexico, and other countries.

Report Coverage-

To better understand the user, the market research report highlights leading regions around the world. Furthermore, the research investigates fully adopted technology around the world and provides insights into the most recent industry and market trends. It also highlights some of the market’s growth-stimulating elements and constraints, allowing the reader to gain a thorough understanding of the market.

Segmentation-

On the basis of the revenue model, the market is divided into Subscription Video on Demand (SVoD), Advertisement Based Video on Demand (AVOD), and Transactional Video on Demand (TVoD). On the basis of content type, the market is segmented into music, kids, movies, TV entertainment, and others. Geographically, the market is classified in Asia Pacific, Europe, North America, Latin America, the Middle East & Africa.

Have Any Query? Ask Our Experts- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/video-on-demand-market-100140

Competitive Landscape – 

Key Market Players Increase Expansion Strategies to Boost Market Growth

Alphabet, Inc., Amazon.com, Inc., Hulu LLC (The Walt Disney Company), AT&T, Inc., Netflix Inc., Apple, Inc., and others are key market players focused on providing online VoD services. These companies are forming a strategic alliance to expand their operations across borders. For instance, in July 2021, the Carlyle Group paid approximately USD 400 million for Liveu, a live video streaming company. This improves the video transmission and streaming service.

List of Key Players Mentioned in the Report-

  • Alphabet, Inc. (California, U.S.)
  • Amazon.com, Inc. (Washington, U.S.)
  • Hulu LLC (The Walt Disney Company) (California, U.S.)
  • AT&T, Inc. (Warner Media, LLC and Discovery, Inc.) (Texas, U.S.)
  • Netflix, Inc. (California, U.S.)
  • Apple, Inc. (California, U.S.)
  • Comcast Corporation (Philadelphia, U.S.)
  • Facebook, Inc. (California, U.S.)
  • Telefonaktiebolaget LM Ericsson (Stockholm, Sweden)
  • Verizon Communications, Inc. (New York, U.S.)

Major Table of Contents-

  • Global Video on Demand Market Size Estimates and Forecasts, By Segments, 2018-2029
    • Key Findings
    • By Revenue Model (USD)
      • SVoD
      • TVoD
      • AVoD
    • By Content Type (USD)
      • Sports
      • Music
      • TV Entertainment
      • Kids
      • Movies
      • Others
    • By Region (USD)
      • North America
      • Latin America
      • Europe
      • Middle East & Africa
      • Asia Pacific
  • North America Video on Demand Market Size Estimates and Forecasts, By Segments, 2018-2029
    • Key Findings
    • By Revenue Model (USD)
      • SVoD
      • TVoD
      • AVoD
    • By Content Type (USD)
      • Sports
      • Music
      • TV Entertainment
      • Kids
      • Movies
      • Others
    • By Country (USD)
      • United States (By Content Type)
      • Canada (By Content Type)
  • Latin America Video on Demand Market Size Estimates and Forecasts, By Segments, 2018-2029
    • Key Findings
    • By Revenue Model (USD)
      • SVoD
      • TVoD
      • AVoD
    • By Content Type (USD)
      • Sports
      • Music
      • TV Entertainment
      • Kids
      • Movies
      • Others
    • By Country (USD)
      • Brazil (By Content Type)
      • Mexico (By Content Type)
      • Rest of Latin America
  • Europe Video on Demand Market Size Estimates and Forecasts, By Segments, 2018-2029
    • Key Findings
    • By Revenue Model (USD)
      • SVoD
      • TVoD
      • AVoD
    • By Content Type (USD)
      • Sports
      • Music
      • TV Entertainment
      • Kids
      • Movies
      • Others
    • By Country (USD)
      • United Kingdom (By Content Type)
      • Germany (By Content Type)
      • France (By Content Type)
      • Italy (By Content Type)
      • Spain (By Content Type)
      • Russia (By Content Type)
      • Rest of Europe

TOC Continued…!

Access Full Report- https://www.fortunebusinessinsights.com/checkout-page/100140

Related Report-

Video Streaming Market Share, Industry Report, 2022-2029

Video Conferencing Market Revenue Growth Forecast to 2029

Artificial Intelligence Market Share, Revenue And Growth Rate Till 2030

Internet of Things Market Share, Industry Report, 2023-2030

FAQ:

How big is the Video on Demand Market?

The global video on demand market size was valued at USD 69.55 billion in 2021 and is projected to grow from USD 82.77 billion in 2022 to USD 257.59 billion by 2029, exhibiting a CAGR of 17.6% during the forecast period.

How big is Video on Demand Market in North America?

The market in North America stood at USD 28.13 Billion in 2021 and is expected to gain a huge portion of the market share in the coming years.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Contact Us:

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UK: +44 2071 939123

APAC: +91 744 740 1245

Email: [email protected]

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Artificial Intelligence

Picus Security Launches Security Validation for Kubernetes

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Teams can eliminate container security exposures with the new enhancements in Picus’ platform for multi-cloud
SAN FRANCISCO, May 23, 2024 /PRNewswire/ — Picus Security, the Security Validation company, today announced security validation for Kubernetes. This new capability allows Security and DevOps teams to realize the benefits of containers securely by proactively measuring and optimizing the resilience of clusters. It is the latest innovative addition to the Picus Security Validation Platform, which empowers users to consistently validate their security posture and measure risk across on-premises and multi-cloud environments.

For organizations that want an agile way to deploy, run and scale applications, Kubernetes offers considerable benefits. However, security is often the biggest barrier to its adoption. The dynamic and complex nature of Kubernetes means that containers are often misconfigured due to human error. Without a hands-on approach to governance, security gaps can easily emerge over time, increasing the risk of incidents. This situation is exacerbated by the high level of expertise required to secure Kubernetes and the use of default settings which are inherently insecure. According to The State of Kubernetes Report, more than two-thirds of Kubernetes users (67%) have delayed deployments due to security concerns.* 
The addition of Kubernetes validation extends the Picus platform’s existing validation capabilities, which are powered by attack simulation and GenAI. It enables organizations to proactively identify and mitigate security misconfigurations, such as weak policies and settings that could allow containers to run with insecure privileges and facilitate lateral movement. Now security teams can automatically assess the security of their workloads wherever they are located – on-premises, in containers, and also in cloud platforms including Amazon Web Services, Google Cloud Platform, and Microsoft Azure.
“Cloud security is perhaps the biggest barrier of entry for organizations that want to take advantage of container orchestration,” said Volkan Erturk, Picus CTO and Co-Founder. “Kubernetes offers incredible opportunities for DevOps teams to deploy and scale new applications, but Security teams can struggle to keep pace.
“With the Picus Security Validation Platform, security concerns won’t slow down an organization’s digital transformation journey. This new offering will allow our users to consistently measure the security of their workloads and vastly reduce the effort needed to address exposures across growing IT environments.”
Additional Information
Read the Kubernetes validation announcement blog.Register for the upcoming webinar on July 11th 2024 at 10.00 EST/ 15.00 BST: Beyond Cloud Security Posture Management: Validating Cloud Effectiveness with Attack Simulation About Picus Security
Picus Security helps security teams consistently and accurately validate their security posture. Our Security Validation Platform simulates real-world threats to evaluate the effectiveness of security controls, identify high-risk attack paths to critical assets, and optimize threat prevention and detection capabilities.
As the pioneer of Breach and Attack Simulation, we specialize in delivering the actionable insights our customers need to be threat-centric and proactive. 
Picus is a Gartner® Peer Insights™ Customers’ Choice for 2024 in the BAS tools category†. The company is recognized as a leader by Frost & Sullivan^.
† Gartner, Voice of the Customer for Breach and Attack Simulation Tools, Peer Contributors, 30 January 2024 ^ Frost and Sullivan, 2022 Frost Radar™ report for the Global Breach and Attack Simulation Market
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Artificial Intelligence

Highlights from the Finale: Day Three of the London Blockchain Conference Unravelled

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As the London Blockchain Conference draws to a close, attendees heard from industry experts on Driving Innovation with Blockchain.
LONDON, May 23, 2024 /PRNewswire/ — Attendees at the London Blockchain Conference were in to witness the final day, which featured a line-up of informative and thought-provoking speakers. Throughout the day, there were exciting panels and presentations which featured cutting-edge ideas and insights.

Day 3 kickstarted with BSVA launching a new report focusing on the role of blockchain in safeguarding data and streamlining transactions.
Other sessions included:
The Intersection of Web3, AI, and Emerging Tech – Somi Aran, Founder of InPeak gave the opening keynote which explored the dynamic convergence of Web3, Artificial Intelligence, and emerging technologies. She delved into how these technologies are reshaping industries and redefining the boundaries of innovation and the potential impacts and opportunities these technologies present.
Bridging the gap: Making Web3 technologies user-friendly – Christine Leong, CIO, nChain – discussed some of the innovative strategies and practical solutions aimed at simplifying Web3 technologies. She also discussed how nChain is planning to transform Web3 from a domain exclusive to the tech-savvy, into a user-friendly ecosystem that empowers all users.
Is code law? – Rules applicable to blockchain networks – panel featuring Marcin Zarakowski, CEO of Token Recovery, Akber Datoo CEO of D2 Legal Technology, Jeffrey Golden, King’s Counsel (Hon) at 3 Hare Court Chambers, Andrei Kirilenko, Professor of Finance at Cambridge Judge Business School, Professor Sarah Green, Law Commissioner at Law Commission, where they discussed that rules apply to the nodes and validators which support the particular network and process its transactions. The group also discussed whether the blockchain protocols’ rules and software code are the only sources of regulation in blockchain networks.
An Introduction to nChain Identity – Thomas Moretti, Head of Product Development at nChain. He spoke about the Self Sovereignty Identity concept and showcased the latest project it is working on – nChain Identity.
Reimagining Roles: How regulated industry leaders are shaping the future of finance – a panel featuring, Andrew Mosson (Chief Commercial Officer of OneTrading, Néstor Palao, Head DLT & Corporate Clients at Sygnum Bank, Laurence Lewandowska, CFO/COO at BSV Association and Wojciech Kaszycki Chairman & Founder at Mobilum. The panel discussed how the new era of digital assets, traditional banking institutions, exchanges, and financial services are being reimagined in the context of emerging technologies such as blockchain and AI.
Please register here if you would like to listen to any of the sessions today. 
If you want to interview any speaker from today’s sessions, please email [email protected].
About the London Blockchain Conference NETWORK. LEARN. ENGAGE.  At the London Blockchain Conference, we show how Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, ecosystem announcements, product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself. 

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Nord Anglia Education publishes new insights on the role of AI and metacognition in learning

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LONDON, May 23, 2024 /PRNewswire/ — INSIGHTS, the global publication from Nord Anglia Education, has published two new articles taking an in-depth look at AI in education and the role of metacognition in teaching and learning.

Exploring the role of AI in learning
https://www.nordangliaeducation.com/insights/2024/articles/the-generative-generationIn its ‘Generative Generation’ feature, INSIGHTS explores the role of artificial intelligence (AI) in education, and whether the technology is making it easier for children to learn. Speaking to Nord Anglia’s educators as well as leading experts from the world of academia, it also includes real-life examples of how Nord Anglia’s schools are using AI in the classroom.
For example, Nord Anglia’s British International School in Kuala Lumpur has adapted the technology to create an AI-powered teaching assistant that can personalise learning, guide students through content exploration, and deepen their understanding through interactive activities. Learners define the topic they want to explore and the course specification they are working to, and the AI explores the content with them in a conversational way, enabling them to ask questions as they go. 
Dr Bruce Geddes, Deputy Head of Secondary at the school, told INSIGHTS that AI represents “the biggest opportunity we’ve had in our lifetimes, for many, many spheres, but particularly in education”.
Avenues: The World School in New York, which became part of Nord Anglia in 2023, encourages its students to use AI in their work. As an example, in an app development project students use ChatGPT to generate the bulk of the coding, then review, correct and refine it. This saves them “hours of manual work by leveraging the appropriate tool in an academically appropriate way,” says Lia Muschellack, Director of Technology at the school.
The school also has its own generative AI chatbot, Savvy, built in 2019 and now powered by open AI technology. It can answer queries, provide information, and engage in “diverse discussions ranging from academic topics to casual conversations”.
“We understand that our students will be actively leveraging these tools throughout their academic and professional pathways, so we want to make sure they not only understand the potentials and limitations, but that they have tinkered and truly experienced them,” Muschellack explains.
Metacognition: a learning superpower
In its feature ‘Metacognition. Helping Kids Unlock the Power of ‘Thinking about Thinking’, INSIGHTS looks at how students can develop the important skill of metacognition.
“Metacognition is the ability to be aware of our cognitive or thought processes and to monitor, reflect on, and change those processes,” Dr Rose Luckin, Professor of Learner Centred Design at the University College London Knowledge Lab, told INSIGHTS.
Nord Anglia Education is working with Dr Luckin to develop its approach to metacognition and to help teachers introduce metacognitive strategies into classrooms. It has developed a metacognitive framework of six “Learner Ambitions” to help students develop the 6 Cs: to become critical, creative, committed, and curious learners, working compassionately and collaboratively in the classroom and beyond.
As the article explains, Nord Anglia’s deep dive into metacognition has many goals: developing student agency, boosting academic performance, and developing ‘future’ skills that employers want. The framework is being initially applied across 27 Nord Anglia schools around the world and its impact will be measured in independent research in partnership with Boston College, reporting in 2025.
Nord Anglia’s examination of metacognition also involves exploring personalised goals and thinking routines. For instance, students at Nord Anglia International School Hong Kong use the “Step In, Step Out, Step Back” routine to develop empathy and understanding in their studies. “It’s about asking the right questions; those really big questions that lead to even more questions,” says Raquel Thomson, the school’s Deputy Head of Primary. “Thinking strategies like this stay with students and serve a purpose whatever they do in their lives, whether they choose to be a scientist or a teacher or go into business.”
For media enquiries please contact: Francesca Milani Communications Manager, Digital Education Portfolio +44 20 7131 0000 [email protected] 
About Nord Anglia Education:
As the world’s leading international schools organisation, we’re shaping a generation of creative and resilient global citizens who graduate from our schools with everything they need for success, whatever they choose to be or do in life.  
Our strong academic foundations combine world-class teaching and curricula with cutting-edge technology and facilities, creating learning experiences like no other. Inside and outside of the classroom, we inspire our students to achieve more than they ever thought possible.  
No two children learn the same way, which is why our schools around the world personalise learning to what works best for every student. Inspired by our high-quality teachers, our students achieve outstanding academic results and go on to study at the world’s top universities.  
To learn more or apply for a place for your child, go to nordangliaeducation.com.
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