Online
movie refers to a service, where an individual can access
featured movies online using internet protocol. This platform enables
user to watch any available movie from the database as desired at any
given time and at any place with internet access. Rising demand for
online movies is mainly attributed to the increased adoption of
smartphones, augmented broadband services, hectic lifecycles, ease of
access towards comprehensive movie collection, convenience of
watching movies at any place or time and others such notable factors.
Moreover, user friendly interface has influenced maximum users to
access broad range of collection through genres, recommendations and
augmented filter options. Furthermore, with the introduction of
online featuring movies, the competition between online movie vendors
and multiplex owners is rising significantly.
Recent advancements
in the Internet have enabled users across the globe to retrieve wide
array of movie collection with the help of high speed internet
connection through downloading or streaming. Rising box-office
success throughout the globe is one of the major factors driving a
large number of users to switch to online movies. Furthermore,
increasing efforts by the vendors to encourage more and more users by
offering attractive subscription packages are further driving the
market growth. Moreover, declining trends of consumers buying
physical copies of movies such as DVDs and VCDs is the another key
driving factor affecting the market growth for online movies. The
online movie market is expected to witness tremendous escalation in
the North America market owing to rising success and attractiveness
of Hollywood movies. This success is due to advanced graphics, themes
and concepts. Also, increase in mobile advertisement spending to
bring brand awareness has further influenced the market for the
vendors of online movies. However, rising threat of piracy is one of
the major concerns restraining the market growth for online movies
market. Introduction of “Stop Online Piracy Act” (SOPA) and the
“Protect IP Act” (PIPA) by the U.S. has affected online movies
vendors significantly, thereby restraining the market growth.
Online movie market
can be segmented on the basis video file formats, types of services
provided, delivery mode, end-use device and geography. On the basis
of video file formats, the market is segmented into AVI (All Video
Interlaced), AVCHD (Advanced Video Codec High Definition), FLV (Flash
Video Format), MPEG (Motion Picture Experts Group), WMV (Windows
Media Video), and MOV. Based on delivery mode, market segmentation
includes self- hosted websites, software as a service (SaaS),
application managed service framework and others.
Get Sample Report
Copy :
Types of services
provided by the online movie vendors includes online streaming, DVD
rental service, video on demand, downloading, subscriptions and
others. Segmentation on the basis of end-use devices featuring online
movies include tablets, smart phones, IPTV, DTH, laptops or personal
computers and others. The online movie market has been studied for
five geographies namely North America, Europe, Asia Pacific, Middle
East and Africa and Latin America.
Some the key players
in the global online movie market include Amazon.com Inc., Netflix
Inc., Hulu, Apple Inc., Dish Network L.L.C., Home Box Office Inc.,
YouTube Inc., Sony Computer Entertainment, CinemaNow Corporation and
Microsoft corporation among others.
About Us :
Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
No comments:
Post a Comment