Video on Demand (VoD) Service Market

By Revenue Model;

Near Video on Demand (NVOD), Subscription Video on Demand (SVOD), Transactional Video on Demand (TVOD), and Others

By Type;

Animation and Others

By Device Used;

Mobile, PCs, Tablets, and TV

By Content Type;

Music, Videos/Movies, Sports, and Kids Content

By Application;

Entertainment, Education & Training, Network Video Kiosks, Online Commerce, Digital Libraries, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn123206330 Published Date: June, 2025 Updated Date: July, 2025

Video on Demand (VoD) Service Market Overview

Video on Demand (VoD) Service Market (USD Million)

Video on Demand (VoD) Service Market was valued at USD 74,066.37 million in the year 2024. The size of this market is expected to increase to USD 142,507.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.


Video on Demand (VoD) Service Market

*Market size in USD million

CAGR 9.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.8 %
Market Size (2024)USD 74,066.37 Million
Market Size (2031)USD 142,507.40 Million
Market ConcentrationMedium
Report Pages368
74,066.37
2024
142,507.40
2031

Major Players

  • Netflix
  • Amazon Inc.,
  • Google Inc.,
  • Akamai Technologies
  • YouTube
  • Apple Inc.,
  • Home Box Office, Inc.
  • Cisco Systems, Inc.
  • Roku Inc.,
  • iNDIEFLIX Group Inc
  • Fandango
  • Hulu, LLC
  • Comcast
  • Huawei Technologies Co., Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Video on Demand (VoD) Service Market

Fragmented - Highly competitive market without dominant players


The Video on Demand (VoD) Service Market is witnessing strong growth as users move away from scheduled programming. Nearly 72% of consumers now favor platforms that allow flexible, on-demand access to content. The convenience of choosing what and when to watch is redefining viewer expectations across digital entertainment.

Smart Technology Elevating Engagement
With the adoption of AI-powered recommendations and adaptive streaming, user engagement is on the rise. Around 65% of viewers interact more frequently with platforms that tailor content to their interests, showcasing how smart personalization tools are driving deeper engagement.

Diverse Monetization Strategies Taking Shape
VoD services are thriving through a mix of subscription-based and ad-supported revenue models. Roughly 59% of users opt for ad-free subscriptions, while others support ad-driven services. This balanced approach allows platforms to cater to varied audience preferences while maximizing revenue potential.

Mobile Streaming Dominating Access Trends
Smartphones and tablets now serve as the primary mediums for VoD consumption. More than 68% of users stream videos via mobile apps, reinforcing the importance of optimized user interfaces, responsive design, and smooth playback across devices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Revenue Model
    2. Market Snapshot, By Type
    3. Market Snapshot, By Device Used
    4. Market Snapshot, By Content Type
    5. Market Snapshot, By Application
    6. Market Snapshot, By Region
  4. Video on Demand (VoD) Service Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Content Diversity Boost
        2. Technological Advancements
        3. Growing User Base
        4. Increasing Internet Penetration
        5. Mobile Device Adoption
      2. Restraints
        1. Content Licensing Costs
        2. Bandwidth Limitations
        3. Regional Regulations
        4. Content Piracy Concerns
        5. Competition Intensification
      3. Opportunities
        1. Emerging Markets Expansion
        2. AI-driven Content Curation
        3. Partnerships and Alliances
        4. Targeted Advertising Solutions
        5. Niche Content Segmentation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Video on Demand (VoD) Service Market, By Revenue Model, 2021 - 2031 (USD Million)
      1. Near Video on Demand (NVOD)
      2. Subscription Video on Demand (SVOD)
      3. Transactional Video on Demand (TVOD)
      4. Others
    2. Video on Demand (VoD) Service Market, By Type, 2021 - 2031 (USD Million)

      1. Animation

      2. Others

    3. Video on Demand (VoD) Service Market, By Device Used, 2021 - 2031 (USD Million)
      1. Mobile
      2. PCs
      3. Tablets
      4. TV
    4. Video on Demand (VoD) Service Market, By Content Type, 2021 - 2031 (USD Million)
      1. Music
      2. Videos/Movies, Sports
      3. Kids Content
    5. Video on Demand (VoD) Service Market, By Application, 2021 - 2031 (USD Million)
      1. Entertainment
      2. Education & Training
      3. Network Video Kiosks
      4. Online Commerce
      5. Digital Libraries
      6. Others
    6. Video on Demand (VoD) Service Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa

        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Netflix
      2. Amazon Inc.
      3. Google Inc.
      4. Akamai Technologies
      5. YouTube
      6. Apple Inc.
      7. Home Box Office, Inc.
      8. Cisco Systems, Inc.
      9. Roku Inc.
      10. iNDIEFLIX Group Inc
      11. Fandango
      12. Hulu, LLC
      13. Comcast
      14. Huawei Technologies Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market