Video on Demand in Hospitality Global Market Report 2022: Featuring Akamai Technologies, Cisco, Huawei, Amazon.com & More

2023-01-09 21:39:01 By : Mr. xin qi

Global Video On Demand in Hospitality Market

Dublin, Jan. 09, 2023 (GLOBE NEWSWIRE) -- The "Video on Demand in Hospitality Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering. The global video on demand in hospitality market is expected to grow from $19.74 billion in 2021 to $24.39 billion in 2022 at a compound annual growth rate (CAGR) of 23.5%. The video on demand in hospitality market is expected to grow to $54.61 billion in 2026 at a CAGR of 22.3%. North America was the largest region in the video on demand in hospitality market in 2021. The regions covered in the video on demand in hospitality market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Increasing penetration of smartphones and tablets is expected to propel the growth of video on demand in the hospitality market going forward. A tablet refers to a wireless portable computer with a touchscreen interface. A smartphone refers to a cellular phone that includes an integrated computer as well as an operating system, web browsing, and the ability to run software applications. 17 Touch Screen Monitor

Video on Demand in Hospitality Global Market Report 2022: Featuring Akamai Technologies, Cisco, Huawei, Amazon.com & More

The guest in hotels uses their smartphone or tablet to scan a QR code on the TV to connect the device to the display. The incredible streaming options provided by Video on Demand allow the hospitality industry an unparalleled glimpse at the newest films fresh from the theater for immediate viewing or pre-order.

For instance, according to Bankmycell, the US-based cost comparison company, the world's smartphone user base is expected to reach $6.648 billion by 2022, representing 83.37% of the global population. The United States has the highest smartphone penetration, with 81.60 % of its population, or 270 million people, owning a smartphone. Therefore, the increasing penetration of smartphones and tablets is driving the growth of video on demand in the hospitality market. Technological advancements are a key trend gaining popularity in a video on demand in the hospitality market. Major companies operating in the video-on-demand in the hospitality market are advancing new innovative products to gain a competitive advantage.

For instance, in June 2019, GuestTek Interactive Entertainment Ltd., a Canada-based company that operates in broadband technology and interactive hospitality solutions, launched GuestFlix, a cloud-based video-on-demand platform. The unique features of the new development are that there is no upfront capital expenditure and the possibility of revenue generation from VOD. Because of the secure cloud-based platform, there is no need for an on-premise VOD server, set-top boxes, or licensing fees. The countries covered in the video on demand in hospitality market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Estimated Market Value (USD) in 2022

Forecasted Market Value (USD) by 2026

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Scope Markets Covered: 1) By Solution: Pay TV; Internet Protocol Television; Over The Top 2) By Service: Training and Support; Professional Services 3) By Delivery Model: Laptops and Desktops; Smart phones and Tablets; Smart TV 4) By User Type: Hotels; Cruise or Luxury Yachts; Day Care Center; Other End Users Key Topics Covered: 1. Executive Summary 2. Video on Demand in Hospitality Market Characteristics 3. Video on Demand in Hospitality Market Trends And Strategies 4. Video on Demand in Hospitality Market - Macro Economic Scenario 5. Video on Demand in Hospitality Market Size And Growth 6. Video on Demand in Hospitality Market Segmentation

7. Video on Demand in Hospitality Market Regional And Country Analysis 8. Asia-Pacific Video on Demand in Hospitality Market 9. China Video on Demand in Hospitality Market 10. India Video on Demand in Hospitality Market 11. Japan Video on Demand in Hospitality Market 12. Australia Video on Demand in Hospitality Market 13. Indonesia Video on Demand in Hospitality Market 14. South Korea Video on Demand in Hospitality Market 15. Western Europe Video on Demand in Hospitality Market 16. UK Video on Demand in Hospitality Market 17. Germany Video on Demand in Hospitality Market 18. France Video on Demand in Hospitality Market 19. Eastern Europe Video on Demand in Hospitality Market 20. Russia Video on Demand in Hospitality Market 21. North America Video on Demand in Hospitality Market 22. USA Video on Demand in Hospitality Market 23. South America Video on Demand in Hospitality Market 24. Brazil Video on Demand in Hospitality Market 25. Middle East Video on Demand in Hospitality Market 26. Africa Video on Demand in Hospitality Market 27. Video on Demand in Hospitality Market Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions In The Video on Demand in Hospitality Market 29. Video on Demand in Hospitality Market Future Outlook and Potential Analysis 30. Appendix Companies Mentioned

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Video on Demand in Hospitality Global Market Report 2022: Featuring Akamai Technologies, Cisco, Huawei, Amazon.com & More

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