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The global digital video content market was valued at US$ 171.5 Billion in 2022.
We expect the global digital video content market to exhibit a CAGR of 12.5% during 2023-2028.
The expanding 4G networking infrastructures, along with the rising consumer preferences towards
digital video over cable TVs to watch high quality content for entertainment purposes, are primarily
driving the global digital video content market.
The sudden outbreak of the COVID-19 pandemic has led to the rising need for digital video content for
streaming numerous Over-The-Top (OTT) media services, such as Amazon Prime Video, Netflix,
YouTube, etc., as a means of indoor entertainment during the lockdown scenario.
Based on the business model, the global digital video content market can be segmented into
subscription, advertising, Download-to-Own (DTO), and others.
Based on the device, the global digital video content market has been divided into laptop, Personal
Computers (PC), mobile, and others.
Based on the type, the global digital video content market can be categorized into Video-on-Demand
(VOD) and online video. Currently, video-on-demand (VOD) content accounts for the largest market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East
and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global digital video content market include Google LLC, Facebook, Inc.,
Amazon.com, Inc., Netflix, Inc., Snap Inc., Twitter, Inc., Apple Inc., Hulu LLC, Youku Tudou, Inc., etc.
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