Asia-on-Demand: The Growth of VOD Investment in Local Entertainment Industries

Asia-on-Demand: The Growth of VOD Investment in Local Entertainment Industries

The use of the internet to consume entertainment is growing. “Video-on-demand” (VOD) services provide consumers with online access to curated films, TV series and others on demand and across a variety of devices. Although the VOD market in Asia is nascent compared to Europe or Latin America, it is poised for strong growth. VOD services are expected to have over 400 million paying subscribers across Asia by 2022.

The benefits of VOD services to consumers are clear. However, what has been explored less is the economic impact of VOD services for businesses in Asia, particularly in the entertainment industry. The objective of this research is to fill this gap by providing a fact base on the potential value of the VOD industry for Asia, and best practices around capturing that potential value. AlphaBeta estimates that, driven by strong demand for high-quality local content, VOD services will invest up to US$10.1 billion in Asia by 2022, growing 3.7x from the amount spent in 2017.

For the detailed methodology used in this research see here.

More

Related Articles

Tech Policy Trends 2025

Tech Policy Trends 2025

Unlocking the future: The impact of AI on industry, society, and policy AI is transforming the way we live, work,...

3 Dec 2024 Reports
Access Alert: Enhancing Efficiency in India’s Logistics Through AI and Digital Integration

Access Alert: Enhancing Efficiency in India’s Logistics Through AI and Digital Integration

A recent panel discussion at the Bengaluru Tech Summit 2024 on 20 November 2024 focused on the transformative role of...

29 Nov 2024 Opinion
Access Alert: How Will Deepfake Regulations in APAC Impact Your Business?

Access Alert: How Will Deepfake Regulations in APAC Impact Your Business?

The rise of deepfakes – AI-generated content that manipulates audio, video, or images to create realistic but false representations –...

29 Nov 2024 Opinion
Access Partnership Concludes 2024 with Double Recognition: Best Tech Policy Advisory and Innovative Tech Consultancy of the Year

Access Partnership Concludes 2024 with Double Recognition: Best Tech Policy Advisory and Innovative Tech Consultancy of the Year

London, UK – Access Partnership has celebrated the end of 2024 by winning Best Technology Policy Advisory at The Business...

22 Nov 2024 General