Ad-Supported Video on Demand Market size is expected to expand at a significant rate over the forecast period of 2020 to 2030
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Key Takeaways from Ad-Supported Video on Demand Market Study
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"Artificial intelligence can help the ad-supported video on demand industry by solving the problem of making metadata readily available. While dealing with video on demand content, artificial intelligence will be able to analyze all the available metadata. Moreover, artificial intelligence would also be useful for the intelligent allocation of content into a storage hierarchy, depending upon the probability of need. Hence, there is scope for improvement in the quality of ad-supported video on demand in the future with the use of artificial intelligence," says a PMR analyst.
What Does the Future Hold?
Video on demand services have witnessed rapidly rising demand as a result of lockdowns and travel restrictions brought on by the COVID-19 pandemic. Viewers are shifting in large numbers to video streaming services for entertainment. Rising preference for platforms such as ad-supported video on demand, subscription video on demand, and transaction video on demand will be witnessed over the coming years, as a result of lifestyles that have changed drastically in 2020.
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Find More Valuable Insights on Ad-Supported Video on Demand Market
Persistence Market Research puts forward an unbiased analysis of the global ad-supported video on demand market, providing historical demand data (2015-2019) and forecast statistics for the period 2020-2030. To understand the opportunities in the ad-supported video on demand market, it has been segmented on the basis of content (media & entertainment, travel & tourism, sports, and others) and streaming device (smart TVs, laptops & desktops, smartphones & tablets, and other OTT devices), across seven major regions.
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