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The North America Online Video Platforms Market would witness market growth of 12.8% CAGR during the forecast period (2020-2026). With the advancements of mobiles, advertisers can develop methods to increase engagement, enhance ad load speed, and reduce bounce rates without hampering the video viewing experience. The majority of them rely on 5G to transform mobile advertising, as the new 5G enabled devices are released over time. Video analytics is determined to get a major share of the market in the near future. Advanced analytics tools provided by the vendors permit customers to collect detailed information on the audience and their viewing habits.
As per the media reports, it is expected that around 1/4th of the world’s population has been forced to remain inside their homes because of the COVID-19 pandemic and face the similar social distancing regulations by the local governments. This has majorly restricted entertainment alternatives for individuals. This has caused a major hike in the global viewership of online video platforms like YouTube, Disney+, Netflix, and Amazon Prime Video, and the consumption rate of online video content.
The developments in information and communication technologies compel educators and learners to move past the restrictions of space, time, and environment. While a conventional classroom education is popular, learning systems outside the classroom, particularly those improved through technology, are still being explored. Online video platforms have shown the final stage in distance education, as these provide open educational resources to students all around the world. These platforms are created to be scalable to big online masses, with fee-less participation, and without formal needs to offer the majority of individuals around the world the chance to learn through hundreds of private and public universities or organizations globally.
Based on Component, the market is segmented into Solution and Services. Based on Streaming Type, the market is segmented into Video on Demand and Live Streaming. Based on Platforms Type, the market is segmented into Video Processing, Video Analytics, Video Distribution, Video Management and Others. Based on End User, the market is segmented into Media & Entertainment, Retail, IT & Telecommunication, Education, BFSI and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google, Inc. (YouTube), Akamai Technologies, Inc., Brightcove, Inc., Comcast Corporation, Limelight Networks, Inc., Telstra Corporation Limited, RTL Group S.A. (SpotX, Inc.), Panopto, Inc., Kaltura, Inc. and MediaMelon, Inc.
By Streaming Type
By Platforms Type
By End User
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