Global Online Movie Market 2023-2027

Global Online Movie Market 2023-2027
The online movie market is forecasted to grow by USD 28676.32 mn during 2022-2027, accelerating at a CAGR of 20.35% during the forecast period. The report on the online movie market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising popularity of online video streaming services, rising penetration of smartphones and easy access to internet, and increasing penetration of smart TVs.

Technavio's online movie market is segmented as below:

By ApplicationWebsiteAppBy PlatformSmartphonesSmart TVsLaptops and desktopsOthersBy Geographical LandscapeNorth AmericaAPACEuropeSouth AmericaMiddle East and AfricaThis study identifies the increase in better customer experience in movies industry as one of the prime reasons driving the online movie market growth during the next few years. Also, growing number of partnerships and acquisitions and implementation of AI by OTT service providers will lead to sizable demand in the market.

The report on the online movie market covers the following areas:Online movie market sizingOnline movie market forecastOnline movie market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online movie market vendors that include Alphabet Inc., Amazon.com Inc., Apple Inc., Bennett Coleman and Co. Ltd., Chicken Soup for The Soul Entertainment Inc., Comcast Corp., Eros Media World plc, Hungama Digital Media Entertainment Pvt. Ltd., Lions Gate Entertainment Corp., Microsoft Corp., Mubi Inc., Netflix Inc., Shemaroo Entertainment Ltd., Sony Group Corp., Sun TV Network Ltd., The Walt Disney Co., Viacom18 Media Pvt. Ltd., Walmart Inc., Warner Bros Discovery Inc., and Zee Entertainment Enterprises Ltd.. Also, the online movie market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.