The Asia Pacific advertising video-on-demand (AVOD) market size reached US$ 25.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 106.1 Billion by 2032, exhibiting a growth rate (CAGR) of 17.41% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 25.0 Billion |
Market Forecast in 2032
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US$ 106.1 Billion |
Market Growth Rate (2024-2032) | 17.41% |
Advertising video-on-demand (AVOD) solutions refer to the category of streaming services that provide content for free or at a low price point in exchange for interrupting shows and movies with periodic video ads. Some of the common types of AVOD include pre-roll, mid-roll, and post-roll. AVOD platform offers a part of the advertisement revenue to the broadcaster as an incentive and also facilitates content owners to test, launch, and optimize video content's over-the-top (OTT) viability. As a result, AVOD services are extensively utilized across several verticals, including media and entertainment, music, sports, travel and tourism, etc.
The shifting consumer inclination from traditional TV towards online streaming services is primarily driving the Asia Pacific advertising video-on-demand (AVOD) market. In addition to this, the escalating utilization of AVOD by advertisers to build brand awareness and showcase their brands to a massive number of viewers is acting as another significant growth-inducing factor. They can monitor the consumer's location and preferences to offer useful recommendations about nearby products and services. Furthermore, the elevating penetration of social media platforms, such as Facebook, YouTube, Twitter, etc., is also propelling the market for AVOD in the region. Besides this, the introduction of innovative advertisements that are more relevant and less intrusive, ranging from targeted and addressable ads that display messages for localized audiences to PIP-style ads, is further bolstering the APAC market. Moreover, the emerging popularity of next-generation video compression formats, such as H.265, to improve the performance of video streaming is also catalyzing the product demand. Additionally, significant improvements in the broadband infrastructures, along with the launch of high-speed internet solutions, such as 5G, Wi-Fi 5, Wi-Fi 6, etc., are expected to drive the Asia Pacific advertising video-on-demand (AVOD) market in the coming years.
IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific advertising video-on-demand (AVOD) market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type, streaming device, content, solution type, and organization.
Breakup by Type:
Breakup by Streaming Device:
Breakup by Content:
Breakup by Solution Type:
Breakup by Organization:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon.com, Inc., ByteDance Ltd., Facebook Inc., (Meta Platforms Inc.), Kakao Corp., LINE Corp. (Z Holdings), NAVER Corp., RCTI+, Vidio (Surya Citra Media), Viu International Limited (PCCW Limited), Youtube LLC. (Google LLC.) and iFLiX Pte. Ltd (Tencent Holdings Limited).
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Type, Streaming Device, Content, Solution Type, Organization, Country |
Countries Covered | China, Japan, India, South Korea, Australia, Indonesia |
Companies Covered | Amazon.com, Inc., ByteDance Ltd., Facebook Inc., (Meta Platforms Inc.), Kakao Corp., LINE Corp. (Z Holdings), NAVER Corp., RCTI+, Vidio (Surya Citra Media), Viu International Limited (PCCW Limited), Youtube LLC. (Google LLC.) and iFLiX Pte. Ltd (Tencent Holdings Limited) |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |