Christy Publications Video On Demand Market | Page 3

On the basis of end user, the global video on demand market is segmented into:
 Academic and Government
 Banking, Financial Services, and Insurance (BFSI)
 Consumer Goods and Retail
 Healthcare
 Manufacturing
 Hospitality
 Telecom and IT
 Media and Entertainment
 Transport and Logistics
Emerging economies are expected to offer significant potential for market growth, owing to
rapid development of internet connectivity enabled infrastructure
The U.S., Western Europe, Japan, and few emerging economies such as China, are striving to
develop 5G infrastructure. For instance, in June 2017, China Academy of Information and
Communications Technology, forecasted the combined expenditure of the three domestic
network operators to reach around 46 billion in 2023. 5G technology is expected to reach
commercialization by 2022, specifically in developed economies. This is further expected to
boost the existing video streaming market over the forecast period, for both, enterprise and
recreational purposes.
Major players operating in the global video on demand market include Alcatel-Lucent, Fujitsu,
ZTE Corporation, Ericsson, Huawei Technologies, Akamai Technologies, Inc., Avaya, Level 3
Communications, AT&T, and Cisco.