China Video on Demand Market Summary, Competitive Analysis and Forecast to 2028
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China Video on Demand Market Report Overview
The China video on demand (VoD) market size was valued at $14.96 billion in 2023. Technological advancements and the proliferation of internet-connected devices in China have proliferated the Chinese VoD market growth. Going forward, the market will grow at a CAGR of more than 16% during 2023-2028. The growing media & entertainment industry coupled with the rising application of video on demand for healthcare education & training, and corporate communications, among others will also accelerate the demand in the coming years.
China Video on Demand Market, 2023-2028 ($ Billion)
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The China video on demand market report provides top-line qualitative and quantitative summary information through its market size forecasting up to 2028 and a historical overview of the global China video on demand market. The report also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
| Market Size (2023) | $14.96 Billion |
| CAGR (2023-2028) | >16% |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Key Categories | · Subscription VoD
· Transactional VoD · Advertising VoD |
| Leading Companies | · Youku Tudou
· iQiyi · Tencent Video |
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China Video on Demand Market - Competitive landscape
A few of the leading companies in the Chinese video on demand market are:
- Youku Tudou
- iQiyi
- Tencent Video
Local platforms dominate the Chinese video on demand market as the global giants like Netflix and YouTube are not available due to stringent geo-restrictions and online censorship laws in China. The local dominant platforms have successfully captured the attention of Chinese audiences by offering a diverse array of content tailored to regional preferences.
Leading China Video on Demand Companies, 2023
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China Video on Demand Market Categories
The China video on demand market has been categorized into the following:
- Subscription VoD
- Transactional VoD
- Advertising VoD
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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 China.
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the video on-demand market in China.
- 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 China video on demand market with five-year forecasts by both value and volume.
Reasons to Buy
- What was the size of the China video on demand market by value in 2023?
- What will be the size of the China video on demand market in 2028?
- What factors are affecting the strength of competition in the China video on demand market?
- How has the market performed over the last five years?
- Who are the top competitors in China’s video on demand market?
iQIYI Inc
Shenzhen Tencent Computer Systems Company Limited
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Frequently asked questions
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What was the China video on demand market size in 2023?
The China video on demand market size was $14.96 billion in 2023.
-
What will the China video on demand market growth rate be during the forecast period?
The China video on demand market will grow at a CAGR of more than 16% during 2023-2028.
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Which are the key categories in the China video on demand market?
Subscription VoD, transactional VoD, and advertising VoD are the key categories in the China video on demand market.
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Which are the key companies in the China video on demand market?
A few of the leading companies in the China video on demand market are Youku Tudou, iQiyi, and Tencent Video among others.
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