Websites with video content keep users’ attention longer than sites without any video content.86% of businesses incorporate video content in their marketing strategies.The average internet user spends 18 hours watching videos online each week.Here are some industry trends that capture the true value of on-demand video content: The many use cases are simply the tip of the iceberg when it comes to the benefits of VOD streaming. It is used to recap important events, share pre-recorded lectures, standardize corporate training programs, build revenue-generating entertainment platforms, and more.
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There are many uses for VOD streaming in businesses, schools, and other professional organizations. VOD is different from live streaming since it is pre-recorded content whereas live streams capture and deliver content that is being filmed in real-time. Schools also use this to make online lectures and crash courses available for students, which is a great tool for remote learning. In this case, they’d use VOD to bring training modules to their employees.
In addition to providing access to content for entertainment purposes, many businesses and educational institutions use this method to share libraries of content with different intentions.įor example, many large businesses use online video content to streamline their internal training processes. Streaming services like Netflix, Hulu, and Disney + are prime examples of businesses that use this method.
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This process uses a series of streaming protocols to compress and decompress files so that they can be streamed over the Internet. Video on demand can be streamed with different distribution methods, but online VOD streaming is powered by OTT technology. Video on demand works by allowing users to choose the videos that they want to watch at any given time, as long as they are connected to the Internet. How Does Video on Demand Work? Video on Demand (VOD) platforms can be useful for businesses and organizations of any type to host videos online. A lot of VOD platforms use OTT streaming, which means they stream over the internet. Netflix, Hulu, Disney+, and Prime Video are some examples of streaming services that use the VOD model. The meaning of VOD streaming is different from live video streaming because it is previously recorded as opposed to broadcast in real-time. Where traditional broadcast channels and media outlets forced consumers to view content on their schedule, VOD services allow audiences to access videos at their leisure and from any compatible device. VOD stands for video on demand and is a way of accessing content online from video libraries without traditional playback. The 15 Best VOD Platforms and Providers in 2021.What is a Video on Demand Hosting Platform?.Please note that the Dacast team has updated this comparison by adding 5 more platforms, as well as to reflect improvements and version updates in VOD platform technology as of November 2021.
We’ll compare them on a feature-by-feature basis and discuss different plans and pricing options.īefore we dive into our in-depth comparison, we will run through what exact video on demand is and why professional broadcasters need to use enterprise-grade video-on-demand platforms. Today, we will review the top 15 VOD platforms for on-demand video hosting. To start leveraging VOD streaming for your business, you’ll need the support of a VOD streaming platform. By 2028, video streaming will be worth $223.98 billion, or a CAGR of 21%. In fact, the video streaming market is predicted to grow by $149.96 billion, or an 18% CAGR between 20. One recent report found video viewing on VOD platforms “ up 155% year-over-year, with an average viewing time of 17.1 minutes per session,” and businesses are taking advantage of this trend. More and more people want to watch their online videos when and wherever they desire. The video on demand (VOD) industry is exploding.
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