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

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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.

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.

*Report Attribute* *Details*
No. of Pages 175
Forecast Period 2022 - 2026
Estimated Market Value (USD) in 2022 $24.39 billion
Forecasted Market Value (USD) by 2026 $54.61 billion
Compound Annual Growth Rate 22.3%
Regions Covered Global

*Reasons to Purchase*

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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*

· Akamai Technologies Inc.
· Alcatel-Lucent
· Apple Inc.
· AT&T Inc.
· Avaya Holdings Corporation
· Cisco Systems Inc.
· Ericsson
· Huawei Technologies Co. Ltd.
· Netflix Inc.
· Amazon.com Inc.
· Nokia Networks
· The Walt Disney Company
· Telefonaktiebolaget LM Ericsson
· ZTE Corporation
· Google LLC.

For more information about this report visit https://www.researchandmarkets.com/r/8ay9co

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*Attachment*

· Global Video On Demand in Hospitality Market

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