North America Short Video Platforms Market Size, Share & Industry Trends Analysis Report By End-use, By Platforms (iOS, Android and Others), By Type (Video Posts and Live Video), By Application, By Country and Growth Forecast, 2023 - 2029
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Market Report Description
The North America Short Video Platforms Market would witness market growth of 8.4% CAGR during the forecast period (2023-2029).
Short videos can be a great learning tool and an extremely successful teaching tool in the educational system. On these platforms, users can post comments, questions, and feedback to help create an innovative learning environment. Using these many educational-related features and capabilities of short video platforms might enhance a user's learning experience.
Online video platforms provide publishers & owners of video content with various services, including ingestion, editing, accessibility or sharing of material, storage, security of content, syndication, or distribution, as well as monetization & metrics, usage, and engagement analytics. It primarily manages and ensures cost-effective, seamless video content distribution to the target audience.
The market for short video platforms is expanding as internet videos become increasingly preferred to more conventional ways of watching video material. Most businesses spend more money on online video marketing. Also, the potential for live video streaming to increase is anticipated to offer attractive market expansion opportunities.
The advantages of influencer marketing have also not been disregarded in the United States, which is home to many of the social media stars with the largest followings worldwide. As the success of this innovative marketing format becomes more scalable daily, marketers are investing ever-increasing shares of their social media expenditures to influencer collaboration. Marketing professionals are expanding into the TikTok marketing industry as the social media landscape continues to change quickly. Dedicated content took the lead when it came to the most common kind of TikTok influencer marketing in the United States and Canada. These factors are anticipated to encourage the market for regional short video platforms to expand.
The US market dominated the North America Short Video Platforms Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $682.6 Million by 2029. The Canada market is poised to grow at a CAGR of 10.9% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 9.9% during (2023 - 2029).
Based on End-use, the market is segmented into Media & Entertainment, Education, Live Commerce and Others. Based on Platforms, the market is segmented into iOS, Android and Others. Based on Type, the market is segmented into Video Posts and Live Video. Based on Application, the market is segmented into Application-based and Website-based. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Short Video Platforms Market is Projected to reach USD 2.7 Billion by 2029, at a CAGR of 9.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Meta Platforms, Inc., Vimeo.com, Inc., Tencent Holdings Ltd., Snow Co., Ltd. (Naver Corporation), Yixia Technology (Miaopai), Beijing Weiran Network Technology Co., Ltd. (Pear Video), Kuaishou Technology, Shenzhen Big Head Brothers Technology Co., Ltd. (Doupai), Snap, Inc. (SnapChat) and ByteDance Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Media & Entertainment
- Live Commerce
- Video Posts
- Live Video
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Meta Platforms, Inc.
- Vimeo.com, Inc.
- Tencent Holdings Ltd.
- Snow Co., Ltd. (Naver Corporation)
- Yixia Technology (Miaopai)
- Beijing Weiran Network Technology Co., Ltd. (Pear Video)
- Kuaishou Technology
- Shenzhen Big Head Brothers Technology Co., Ltd. (Doupai)
- Snap, Inc. (SnapChat)
- ByteDance Ltd.
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