Global Video On Demand Service Market is estimated to be valued at USD 111.51 Bn in 2025 and is expected to reach USD 221.63 Bn by 2032, growing at a compound annual growth rate (CAGR) of 10.3% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 111.51 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
10.30%
2032 Value Projection:
USD 221.63 Bn
Figure. Video On Demand Service Market Share (%), By Region 2025
The global video on demand service market is experiencing significant growth due to rapid technological advancements in the media and entertainment industry. Video on demand allows users to stream and view videos of their preference at their own convenience without any time restrictions. Factors such as increasing adoption of smart TVs, growing internet penetration, and rising availability of high-speed broadband access are fueling the demand for innovative VOD platforms. Content providers and distributors are focusing on developing specialized apps and user-friendly interfaces to offer enhanced viewing experiences to subscribers. Meanwhile, major players are investing heavily in original content production to augment their content libraries and attract new customers. The video on demand service market is expected to grow steadily with the widespread rollout of 5G networks and expansion of high-quality content offerings.
Market Dynamics:
The global video on demand service market is driven by rising internet penetration and increasing adoption of smart television sets across major regions. The proliferation of affordable high-speed internet plans and availability of low-cost smart TV devices have made on-demand streaming services accessible to a wider population base. Additionally, continuous advancements in digital media technologies are allowing providers to enrich video quality and deliver an immersive viewing experience. However, stringent data regulations and threat of cybercrimes pose challenges for seamless service delivery. Meanwhile, the development of virtual reality platforms provides opportunities to experiment with new genres of interactive video content. Major players are investing significantly in original content production to strengthen their content libraries and counter competition from streaming giants.
Key features of the study:
This report provides in-depth analysis of the global video on demand service market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global video on demand service market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Amazon.com, Inc. (Amazon Prime Video), Apple Inc. (Apple TV+), AT&T Inc. (HBO Max), Cisco Systems, Inc., Comcast Corporation (Xfinity), Disney+ (The Walt Disney Company), Fujitsu Limited, Google LLC (YouTube TV), Hulu LLC (The Walt Disney Company), Microsoft Corporation, Netflix, Inc., Peacock (NBCUniversal), Sling TV (DISH Network), Tencent Holdings Ltd. (WeTV), and Verizon Communications Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global video on demand service market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global video on demand service market.
Detailed Segmentation:
By Offering
Solutions
Services
By Content Type
Movies
Music
TV Shows/Web Series
Educational/Fitness Programs
Others
By Vertical
BFSI
Education
Government & Public Sector
Healthcare & Life Sciences
Media & Entertainment
Others
By Regional
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players Insights
Amazon.com, Inc. (Amazon Prime Video)
Apple Inc. (Apple TV+)
AT&T Inc. (HBO Max)
Cisco Systems, Inc.
Comcast Corporation (Xfinity)
Disney+ (The Walt Disney Company)
Fujitsu Limited
Google LLC (YouTube TV)
Hulu LLC (The Walt Disney Company)
Microsoft Corporation
Netflix, Inc.
Peacock (NBCUniversal)
Sling TV (DISH Network)
Tencent Holdings Ltd. (WeTV)
Verizon Communications Inc.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Offering
Market Snippet, By Content Type
Market Snippet, By Vertical
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Video on Demand Service Market, By Offering, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Solutions
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Services
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
5. Global Video on Demand Service Market, By Content Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Movies
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Music
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
TV Shows/Web Series
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Educational/Fitness Programs
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Others
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
6. Global Video on Demand Service Market, By Vertical, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
BFSI
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Education
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Government & Public Sector
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Healthcare & Life Sciences
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Media & Entertainment
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
Others
Introduction
Market Size and Forecast, 2020-2032, (US$ Bn)
7. Global Video on Demand Service Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
North America
Regional Trends
Market Size and Forecast, By Offering, 2020-2032, (US$ Bn)
Market Size and Forecast, By Content Type, 2020-2032, (US$ Bn)
Market Size and Forecast, By Vertical, 2020-2032, (US$ Bn)
Market Size and Forecast, By Country, 2020-2032, (US$ Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Offering, 2020-2032, (US$ Bn)
Market Size and Forecast, By Content Type, 2020-2032, (US$ Bn)
Market Size and Forecast, By Vertical, 2020-2032, (US$ Bn)
Market Size and Forecast, By Country, 2020-2032, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Offering, 2020-2032, (US$ Bn)
Market Size and Forecast, By Content Type, 2020-2032, (US$ Bn)
Market Size and Forecast, By Vertical, 2020-2032, (US$ Bn)
Market Size and Forecast, By Country, 2020-2032, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Offering, 2020-2032, (US$ Bn)
Market Size and Forecast, By Content Type, 2020-2032, (US$ Bn)
Market Size and Forecast, By Vertical, 2020-2032, (US$ Bn)
Market Size and Forecast, By Country, 2020-2032, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Offering, 2020-2032, (US$ Bn)
Market Size and Forecast, By Content Type, 2020-2032, (US$ Bn)
Market Size and Forecast, By Vertical, 2020-2032, (US$ Bn)
Market Size and Forecast, By Country, 2020-2032, (US$ Bn)