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(IT-NEWSWIRE.COM, June 20, 2019 ) The latest report by IMARC Group, titled “Digital Video Content Market Research Report and Forecast 2019-2024”, finds that the global digital video content market reached a value of US$ XX Billion in 2018. Digital video content refers to videos, movies, TV shows and advertisements which are streamed online. It is a convenient mode of entertainment which provides on-demand services to customers. It can be accessed through devices like mobile phones, laptops and tablets. As over-the-top (OTT) media services such as Amazon Prime Video, Netflix, Hulu and YouTube are gaining popularity among the young generation, they are augmenting the consumption of video content across the globe.
Request for a free sample copy of this report: https://www.imarcgroup.com/digital-video-content-market/requestsample
Market Trends:
One of the major factors which are catalyzing the growth of the global digital video content market is the increasing penetration of the internet. In addition to this, due to the expansion of 4G and the emergence of 5G technology, internet speed is improving rapidly. The easy access to broadband and Wi-Fi services, along with the lowered costs of digital devices, has encouraged the users to shift to digital video services for entertainment purposes. Moreover, various TV channels are offering their programs on online streaming services, which has helped online platforms in taking over traditional cable TV. Apart from this, the robust growth of social media platforms has enabled users to share videos online. Further, several companies are making a shift from conventional modes of advertising to video advertisements on social media to capture the attention of the targeted audience. On account of these factors, the market is anticipated to expand at a CAGR of X%, reaching a value of US$ XX Billion by 2024.
Explore full report with table of contents: https://www.imarcgroup.com/digital-video-content-market
Insights on Market Segmentation:
Market Breakup by Business Model:
1. Subscription
2. Advertising
3. Download-To-Own (DTO)
4. Others
Based on the business model, the market has been categorized into advertising, subscription, download-to-own (DTO) and others.
Market Breakup by Type:
1. Video-On-Demand (VOD)
2. Online Video
On the basis of the type, the market has been bifurcated into video-on-demand (VOD) and online video content. Amongst these, online video content represents the largest segment.
Market Breakup by Device:
1 .Laptop
2. PC
3. Mobile
4. Others
Based on the device type, the market has been segmented into laptops, personal computers, mobiles and others.
Market Breakup by Region:
1 .North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. Latin America
On the geographical front, the market has been segregated into North America, Asia Pacific, Europe, Middle East and Africa, and Latin America. Currently, North America holds the majority of the market share.
Competitive Landscape:
1. Market Structure
2. Key Players
3. Profiles of Key Players
The competitive landscape of the market has been analyzed in the report. Some of the key players operating in the market include Google, Facebook, Amazon, Netflix, Hulu LLC, Apple Inc., Twitter, Snap Inc. and Youku.
Browse similar reports by IMARC Group:
Global Streaming Media Devices Market Research Report and Forecast: https://www.imarcgroup.com/streaming-media-devices-market
Global Personal Protective Equipment Market Research Report and Forecast: https://www.imarcgroup.com/personal-protective-equipment-market
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC Services Pvt. Ltd.
Richard Lewis
6317911145
sales@imarcgroup.com
Source: EmailWire.Com 
Source: EmailWire.com
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