What is Video Sharing Platform Market?
With faster and more dependable internet connections, online video sharing platforms have become a hit, especially with the increase of active participation from users. Videos easily make up for the majority of the content we consume online content today, and with the rise of augmented and virtual realities, the demand is likely to increase even further. Video sharing platforms that are designed to upload and share their video clips with the public at large or to invited guests. Moreover, these platforms help in enabling secure video workflows including content creation and publication. In addition, it features video analytics to support marketing & communication processes. The rising preference toward diverse streaming solutions & services and the mounting popularity of digital media is expected to support the online video sharing platform market growth
The market study is being classified by Type (Video Analytics, Video Content Delivery Network, Video Content Management, Mobile Video, Live Streaming and Others), by Application (Video Sharing, Commercial Video Platform, Media & entertainment, E-learnings and Others) and major geographies with country level break-up.
Facebook (United States), LiveLeak (United States), GodTube (United States), Mefeedia (United States), YouTube (United States), Buzznet(United States), DaCast(United States), Dailymotion (France), EngageMedia (Australia) and Flickr (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are AfreecaTV (South Korea), Bilibili (China) and BitChute (United Kingdom).
Segment Analysis
Analyst at AMA have segmented the market study of Global Video Sharing Platform market by Type, Application and Region.
On the basis of geography, the market of Video Sharing Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The increasing popularity of online video over the traditional video consumption
- Increasing scope for live streaming of videos which drives the demand for the online video platform market.
Market Trend
- The trend of online video advertisement
Restraints
Challenges
- open-source and free online video platform
Market Leaders and some development strategies
On april 2020 VidGrid, a Twin Cities tech startup that makes business software for creating and sharing videos, has been acquired by Paylocity, a Schaumburg, Ill.-based company providing HR and payroll software solutions.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Video-Sharing Platform Provider, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations