Online Video Platforms Market Size, Share, Growth Analysis, By Component(Solution and services), By Application(Commercial video platforms, video sharing, and others), By End use(Content creator, brand and enterprises, and individual), By Type(video hosting, mobile videos, live streaming, video analytics), By Region - Industry Forecast 2024-2031

Online Video Platforms Market size was valued at USD 7.21 billion in 2019 and is poised to grow from USD 8.46 billion in 2023 to USD 30.05 billion by 2031, growing at a CAGR of 17.19% in the forecast period (2024-2031).

The global online video platforms market share is projected to grow at a positive CAGR between 2023 and 2030. Rising popularity of online video games and entertainment is expected to fuel the market adoption.
Online video platforms are free or paid platforms to publishers and content owners to manage, publish, and track the online video content on their channels. Besides, the growing adoption of smartphones, tablets, and other devices will create a conducive environment for the market to flourish. The online video platforms also provide users to host, stream live videos, and broadcast their videos.

Online video platforms provide a way for users to share and view videos without any additional effort. Additionally, these platforms offer a way for content creators to reach a larger audience with their content more easily. In addition, these platforms provide a way for brands to create engaging videos that promote their products and services. As the market continues to grow, online video platforms will continue to be a popular choice for users and content creators alike.

US Online Video Platforms Market is poised to grow at a sustainable CAGR for the next forecast year.