Video on Demand in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Video on demand is a system for distributing media that enables users to access and watch videos whenever and wherever they prefer. Video on demand platforms provide a range of content that users can browse and play as they wish.
- The South Korean video on demand market registered revenues of $2.8 billion in 2023, representing a compound annual growth rate (CAGR) of 20.6% between 2018 and 2023.
- The subscription VoD segment accounted for the market's largest proportion in 2023, with total revenues of $1 billion, equivalent to 34.9% of the market's overall value.
- The video-on-demand (VoD) market has grown and transformed significantly in recent years, owing to technological advancements, shifting consumer preferences, and the growing popularity of Korean dramas and movies.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the video on demand market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the video on demand market in South Korea
- Leading company profiles reveal details of key video on demand market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South Korea video on demand market with five year forecasts
Reasons to Buy
- What was the size of the South Korea video on demand market by value in 2023?
- What will be the size of the South Korea video on demand market in 2028?
- What factors are affecting the strength of competition in the South Korea video on demand market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's video on demand market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Netflix Inc.
- Watcha Inc
- Wave Co Ltd
- Amazon Prime Video LLC