Video on Demand in South Korea
Summary
Video on Demand in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Video on demand is a system for distributing media that enables users to access and watch videos whenever and wherever they prefer. Video on demand platforms provide a range of content that users can browse and play as they wish.
- The South Korean video on demand market registered revenues of $2.8 billion in 2023, representing a compound annual growth rate (CAGR) of 20.6% between 2018 and 2023.
- The subscription VoD segment accounted for the market's largest proportion in 2023, with total revenues of $1 billion, equivalent to 34.9% of the market's overall value.
- The video-on-demand (VoD) market has grown and transformed significantly in recent years, owing to technological advancements, shifting consumer preferences, and the growing popularity of Korean dramas and movies.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the video on demand market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the video on demand market in South Korea
- 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 South Korea video on demand market with five year forecasts
- What was the size of the South Korea video on demand market by value in 2023?
- What will be the size of the South Korea video on demand market in 2028?
- What factors are affecting the strength of competition in the South Korea video on demand market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's video on demand market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Netflix Inc.
- 8.2. Watcha Inc
- 8.3. Wave Co Ltd
- 8.4. Amazon Prime Video LLC
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- About GlobalData
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