The AVOD services market is estimated to be valued at US$ 28.09 billion in 2023 and is expected to exhibit a CAGR of 14.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
AVOD services refer to advertising-supported video on demand services that provide users with free access to a wide range of content, including movies, TV ... Read more
The AVOD Services market is estimated to be valued at US$ 28.09 billion in 2023 and is expected to exhibit a CAGR of 14.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
AVOD Services refer to Advertising-based Video on Demand platforms that offer free streaming services to users. These services generate revenue through advertisements displayed during streaming. AVOD services ... Read more
The growing demand for on-demand access to video content and advertisement supported free streaming services has been a major driver of growth for the AVOD services market. With consumers cutting cords from traditional cable and satellite TV subscriptions in favor of internet-based streaming platforms, AVOD services have emerged as an affordable alternative to access a wide variety of video content supported by advertisements.
Market Overview:
AVOD or Advertisement-based ... Read more
The AVOD services market allows viewers to stream television shows and movies for free in exchange for watching advertisements. Some key advantages of AVOD services are that they provide affordable online entertainment and a wide variety of content for consumers. With rising internet and smartphone penetration, online video viewership has increased substantially. According to statistics, around 70% of global internet users watch online videos every month. Younger audiences especially prefer ... Read more
The entertainment industry is going through a digital transformation with streaming services fast becoming the preferred way for consumers to access content anywhere and anytime. While Subscription Video on Demand (SVOD) services like Netflix, Amazon Prime Video and Disney+ dominated the landscape for a long time, a new challenger has emerged in the form of Advertising Video on Demand (AVOD) platforms.
The AVOD services market allows viewers to watch a variety of on-demand content online for free in exchange for watching advertisements. This model provides streaming services with an alternative revenue stream through advertisements. Some key advantages of AVOD services include affordable access to unlimited content libraries for consumers and steady advertising revenues for platforms. The need for cost-effective entertainment options and access to a wide range of movies and shows on-the-go ... Read more
