Global Online Video Platform Market Forecast to 2026 – Covid-19 Impact and Analysis

Global Online Video Platform Market worth is anticipated to reach USD 2,015 million in 2026 from USD 713 million in 2019, at a CAGR of 16 % during the projected period 2020-2026. The affordability and accessibility of broadband and mobile network, technological advancements, the growing popularity of online videos over conventional mediums and rise in online video advertising expenditure drive the tremendous growth in Global Online Video Platforms Market. Recently, the trend of live video streaming is also fuelling market growth. Besides, availability of smart devices including smartphones, laptop, desktop, tablets, smart TVs and other gadgets in urban and interior areas and increasing internet-user-base across the globe induce the growth of this market.