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United Kingdom Online Video Platforms Market Size, Growth: By Component: Solution, Services, Others; By Type: Video Processing, Video Management, Video Distribution, Video Analytics, Others; By Streaming Type: Live Streaming, Video On Demand; By End Use: Media and entertainment, Others; Regional Analysis; Competitive Landscape; 2024-2032
United Kingdom Online Video Platforms Market Size
The United Kingdom online video platforms market is projected to grow at a CAGR of 7.1% between 2024 and 2032.
| United Kingdom Online Video Platforms Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | XX |
| Market Size 2032 | USD Billion | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 7.1% |
| CAGR 2024-2032 - Market by Enterprise Size | Live Streaming | 7.4% |
| CAGR 2024-2032 - Market by Industry Vertical | Education | 8.1% |
| CAGR 2024-2032 - Market by Region | Wales | 12.1% |
| 2023 Market Share by Region | England | 83.1% |
United Kingdom Online Video Platforms Market Outlook
- As per industry reports, the United Kingdom accounted for a total number of 56.2 million YouTube users.
- As per reports, in 2022, children in the UK spent 70 minutes on TikTok and 66 minutes on YouTube, per day.
- Live streaming is expected to grow at a CAGR of 7.4% over the forecast period of 2024 and 2032.
United Kingdom Online Video Platforms Market Growth
The online video platforms market is poised for substantial growth due to several factors. These include expanding internet connectivity, wide availability of digital gadgets such as smartphones and tablets, changing viewing preferences, a rise in demand for authentic and original content, and rapid advancements in technology to offer a superior viewing experience to consumers.
Moreover, as a result of the heightened popularity of short-form videos, market players are constantly devising new strategies to make themselves stand apart from competitors, drive viewer engagement, boost SEO and increase traffic on their platforms. For instance, the integration of social media with video platforms has made content discovery and feed optimization easier for both creators and the target audience as it allows seamless access to a range of videos on various social media platforms and reduce digital fatigue.
Furthermore, companies are utilizing data analytics and artificial intelligence tools for protecting content and elevating user experience while managing video streaming processes such as content recommendation and clip selection to stand out in the competitive market. For instance, in 2024, Vimeo introduced its AI-powered video hub catering to teams and businesses through innovative features such as capture, video library, and Vimeo events, which has led to market expansion in the region.
United Kingdom Online Video Platforms Industry Segmentation
“United Kingdom Online Video Platforms Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Component
- Solution
- Services
Market Breakup by Type
- Video Processing
- Video Management
- Video Distribution
- Video Analytics
- Others
Market Breakup by Streaming Type
- Live Streaming
- Video On Demand
| CAGR 2024-2032 - Market by | Enterprise Size |
| Live Streaming | 7.4% |
| Video On Demand | XX% |
Market Breakup by End Use
- Media and entertainment
- BFSI
- Retail
- Education
- IT and telecom
- Others
| CAGR 2024-2032 - Market by | Industry Vertical |
| Education | 8.1% |
| Retail | 7.6% |
| Media and Entertainment | 7.3% |
| BFSI | XX% |
| IT and Telecom | XX% |
| Others | XX% |
Market Breakup by Region
- England
- Wales
- Scotland
- Northern Ireland
| CAGR 2024-2032 - Market by | Region |
| Wales | 12.1% |
| Scotland | 11.6% |
| England | XX% |
| Northern Ireland | XX% |
United Kingdom Online Video Platforms Market Share
Based on end use, the market is divided into media and entertainment, BFSI, retail, education, IT, and telecom, among others. The media and entertainment sector is expected to grow at a CAGR of 7.3% between 2024-2032 as media inherently uses video platforms to stream TV shows, films, music, and user-generated content. On the other hand, the retail sector uses them for live shopping events and product tutorials. The IT and telecom sectors use them for customer support tutorials and advertising. While the education sector and BFSI sector deploy online video platforms for online learning and informative content respectively. This indicates a high demand for video platforms across all sectors, which drives market growth in the region.
| 2023 Market Share by | Region |
| England | 83.1% |
| Wales | XX% |
| Northern Ireland | XX% |
| Scotland | XX% |
Leading Companies in United Kingdom Online Video Platforms Market
Market players are developing strategies and leveraging technology to engage the audience and alleviate data privacy concerns.
- IBM Corp.
- Kaltura, Inc.
- Brightcove Inc.
- Google LLC (YouTube)
- Panopto, Inc.
- LongTail Ad Solutions, Inc. (JW Player)
- Dacast Inc.
- Vimeo, Inc.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Component |
|
| Breakup by Type |
|
| Breakup by Streaming Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
United Kingdom Online Video Platforms Market Report Snapshots
United Kingdom Online Video Platforms Market Size
United Kingdom Online Video Platforms Market Growth
United Kingdom Online Video Platforms Market Share
United Kingdom Online Video Platforms Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Europe Online Video Platforms Market Overview
8.1 Key Industry Highlights
8.2 Europe Online Video Platforms Historical Market (2018-2023)
8.3 Europe Online Video Platforms Market Forecast (2024-2032)
9 United Kingdom Online Video Platforms Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Online Video Platforms Historical Market (2018-2023)
9.3 United Kingdom Online Video Platforms Market Forecast (2024-2032)
10 United Kingdom Online Video Platforms Market by Component
10.1 Solution
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Services
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 United Kingdom Online Video Platforms Market by Type
11.1 Video Processing
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Video Management
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Video Distribution
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Video Analytics
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 United Kingdom Online Video Platforms Market by Streaming Type
12.1 Live Streaming
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Video On Demand
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 United Kingdom Online Video Platforms Market by End Use
13.1 Media and entertainment
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 BFSI
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Retail
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Education
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 IT and telecom
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 United Kingdom Online Video Platforms Market by Region
14.1 England
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Wales
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Scotland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Northern Ireland
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators of Demand
15.4 Key Indicators of Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 IBM Corp.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Kaltura, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Brightcove Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Google LLC (YouTube)
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Panopto, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 LongTail Ad Solutions, Inc. (JW Player)
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Dacast Inc.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Vimeo, Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Online Video Platforms Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Online Video Platforms Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Online Video Platforms Historical Market: Breakup by Component (USD Billion), 2018-2023
4. United Kingdom Online Video Platforms Market Forecast: Breakup by Component (USD Billion), 2024-2032
5. United Kingdom Online Video Platforms Historical Market: Breakup by Type (USD Billion), 2018-2023
6. United Kingdom Online Video Platforms Market Forecast: Breakup by Type (USD Billion), 2024-2032
7. United Kingdom Online Video Platforms Historical Market: Breakup by Streaming Type (USD Billion), 2018-2023
8. United Kingdom Online Video Platforms Market Forecast: Breakup by Streaming Type (USD Billion), 2024-2032
9. United Kingdom Online Video Platforms Historical Market: Breakup by End Use (USD Billion), 2018-2023
10. United Kingdom Online Video Platforms Market Forecast: Breakup by End Use (USD Billion), 2024-2032
11. United Kingdom Online Video Platforms Historical Market: Breakup by Region (USD Billion), 2018-2023
12. United Kingdom Online Video Platforms Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. United Kingdom Online Video Platforms Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 7.1% between 2024 and 2032.
The major drivers are technological progress, increased internet penetration, increasing affordability of smart phones, tablets, laptops, and other devices, and improvements in broadband networks and mobile technology.
The key trends of the online video platforms market in the United Kingdom include increasing demand for original and regional content, integration with social media, and artificial intelligence, among others.
The market is segmented into live streaming and video on demand based on streaming type.
Based on distribution channels, the market is segmented into supermarkets and hypermarkets, specialty stores, and online, among others.
The key players in the market are IBM Corp., Kaltura, Inc., Brightcove Inc., Google LLC (YouTube), Panopto, Inc., LongTail Ad Solutions, Inc. (JW Player), Dacast Inc., and Vimeo, Inc., among others.
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