Growing popularity of personalized viewing of content of one’s own choice with smartphones, tablets or TVs used as a medium to watch at anytime and anywhere is called as Video on Demand service. A rise in the economies and consequent rise in the standard of living of people has led to demands in more sophisticated services especially in the hospitality sector. The advantage of flexibility of streaming the content using personal device as per the user’s choice has led to more players in the hospitality sector providing the V-o-D services. It is expected that willingness of the consumer to pay more will drive players to provide with more content integrated and thus create a differentiated user experience.
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Few of the main competitors currently working are –
Amazon.com Inc., Apple Inc., Avaya, Inc., Huawei technologies and Akamai Technologies. Also, Netflix Inc., Cisco Systems Inc., Google Inc., AT&T Inc. and Nokia Networks
Rapid penetration of smartphones and tablets will drive the market for video-on-demand in coming years whereas reasons such as high cost of service and poor internet infrastructures in the developing nations of the world and underprivileged areas of the world act as deterrents to growth of this market. The continuous improvement in technology for achieving an enhanced user viewing experience of videos will bring new opportunities in the market.
The “Video on Demand in Hospitality Market Analysis to 2025” is a specialized and in-depth study of the Video on Demand in Hospitality industry with a focus on the global market trend. The report aims to provide an overview of Video on Demand in Hospitality market with detailed market segmentation by solution, delivery model, application and geography. The Video on Demand in Hospitality market is expected to witness aggressive growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Video on Demand in Hospitality market based on solution, delivery model and application. It also provides market size and forecast till 2025 for overall Video on Demand in Hospitality market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key Video on Demand in Hospitality market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
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Name: Sameer Joshi