The India Advertising Video on Demand Market to be Fueled by Media & Entertainment Segment through 2029
Increasing penetration of
internet and rise of digital video consumption are the leading factors that
will drive the India advertising video on demand market in the forecasted
years.
According to TechSci Research
report, “India Advertising Video on Demand Market –By Region, Competition,
Opportunity & Forecast, 2029.” India's large population,
increasing internet penetration, and the widespread availability of affordable
smartphones have contributed to the growth of the video on demand market in the
country. AVOD platforms offer free access to content by generating revenue
through advertisements. This model has gained traction in India due to the
cost-sensitive nature of the market. The AVOD platforms generate revenue by
displaying advertisements to users. The increasing popularity of these
platforms attracted advertisers who saw the potential to reach a large and
engaged audience. The advertisers are leveraging AVOD platforms to promote
their products and services, and the revenue generated from advertising was a
significant driver for the growth of AVOD platforms.
The advertising video on demand
market provide opportunities for brand integration and native advertising
within content. This approach allows brands to seamlessly integrate their
products or services into the storyline of movies, TV shows, or web series.
Native advertising, when done in a non-intrusive and organic manner, can
enhance brand recognition and generate positive associations among viewers.
The AVOD platforms offer
advertisers cost-effective advertising solutions compared to traditional media
channels like television. The advertisers can choose from various ad formats,
such as pre-roll, mid-roll, and post-roll ads, allowing them to effectively
communicate their brand message to a large and engaged audience. This
cost-effectiveness makes AVOD platforms an attractive option for both
established brands and emerging businesses with limited advertising budgets.
Pre-roll, mid-roll, and
post-roll advertisements are different types of ad placements within the AVOD
(advertising-based video on demand) market. The pre-roll advertisement is an
advertisement that plays before the main video content begins. When a user
selects a video to watch on an AVOD platform, a pre-roll ad is shown, typically
ranging from a few seconds to a minute in duration. Pre-roll ads are commonly
used in online video platforms and are like the commercials shown before movies
in theaters or on television. They serve as an introduction to the main video
content.
A mid-roll advertisement is an
advertisement that plays during the middle of the video content. It interrupts
the video and is inserted at a natural break or transition point within the
content. Mid-roll ads can be more intrusive than pre-roll ads since they appear
when the user is already engaged in watching the video.
A post-roll advertisement is an
advertisement that plays after the main video content ends. Once the user has
finished watching the video, a post-roll ad is shown as a continuation of the
viewing experience. Post-roll ads are typically used when the AVOD platform
doesn't want to interrupt the viewing experience with mid-roll ads. They are
placed strategically to capture the viewer's attention at the end of the video
when the user is still engaged.
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The market has various segments,
some of them are listed below:
Based on content the market is
segmented into media & entertainment, education, and others (sports)). The
media & entertainment will grow at faster rate due to availability of fast
and reasonable price internet.
Based on region the market is
segmented into north, west, south, and east.
Some of the key market players
in the India advertising video on demand market include:
·
Netflix Entertainment Services India LLP
·
MX Media & Entertainment Pte. Ltd.
·
Novi Digital Entertainment Private Limited (Disney
+ Hotstar)
·
Zee Entertainment Enterprises Limited
·
Amazon.com Services LLC
·
Sony Pictures Networks India Pvt Ltd (Sony Liv)
·
Alt Digital Media Entertainment Limited
·
Viacom18 Media Private Limited (Voot)
·
Eros Digital FZ LLC
·
Discoveryplus Exim Services Private Limited
The AVOD platforms were focusing
on catering to regional and vernacular language preferences in India. They were
expanding their content libraries to include a wide range of regional content,
allowing advertisers to reach specific regional audiences and tap into
localized markets. The AVOD market in India is competitive, with several
established players and new entrants vying for market share. Some of the
popular AVOD platforms in India include MX Player, Zee5, Voot, and SonyLIV.
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“The India advertising video on
demand market is expected to develop at a significant rate during the projected
period, owing to factors such as, adoption of smart connected devices, rising
internet penetration, and availability of diverse content. Additionally, AVOD
platforms are partnering with brands and influencers to create branded content
and collaborations, expanding AVOD market in India." said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“India Advertising Video on
Demand Market, By Type (Pre-Roll Advertisement, Mid-Roll Advertisement, and
Post-Roll Advertisement), By Content (Media & Entertainment, Education, and
Others (Sports)), By Region, Competition, Forecast and
Opportunities, 2029”, has evaluated the future growth
potential of India advertising video on demand market and provides statistics
and information on market structure, size, share, and future growth. The report
is intended to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities present in the India advertising video on demand market.
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