Advertising video on demand (AVoD) refers to a type of video on demand service where the user is not asked to pay for the content; however, the revenue is earned from platforms or advertising agencies. Advertising video on demand solutions enables content owners to test, launch, and optimize video content’s Over the Top (OTT) viability. YouTube is an example of the AVoD platform. YouTube allows users to browse the content without any monetization on the content and inserts advertisements while the video is playing. AVoD platform offers a part of the advertisement revenue to the broadcaster as an incentive. To earn the revenue from advertisements, the content owner requires a large audience. It is the audience volume that decides the viability of the business model.
The global advertising video on demand market can be segmented based on content, Ad-type, and region. In terms of content, the global advertising video on demand market can be segregated into media & entertainment, sports, education, travel & tourism, and others. The others segment includes fashion content. The entertainment segment is estimated to hold a larger share of the market during the forecast period. Based on Ad-type, the advertising video on demand market can be divided into pre-roll advertisement, mid-roll advertisement, and post-roll advertisements.
In terms of region, the global advertising video on demand market can be categorized into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated to account for a large share of the global advertising video on demand market, followed by Europe. Expansion of the market in North America is primarily supported by Canada and the U.S., attributed to the presence of leading players in these countries. The advertising video on demand market in Europe is estimated to expand at a significant pace due to high rate of adoption of advanced technologies by leading players in the region.
However, the advertising video on demand market in Asia Pacific is estimated to expand at a considerable pace during the forecast period. Asia Pacific is expected to create lucrative opportunities for key players operating in the global advertising video on demand market due to significant rise in the number of smartphone users in the region. Larger population in countries, such as South Korea, Japan, Malaysia, Thailand, India, China, and Singapore, is a major driver of the market in the region.
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market