Forecast of Global Online Video Platforms Market 2023

Global Online Video Platforms market will register a 18.0% CAGR in terms of revenue, reach US$ 2100 million by 2023, from US$ 780 million in 2017. OVP or Online Video Platforms can use a user-generated content (UGC) model, software as a service (SaaS) business model or a do it yourself (DIY) model. OVP offers an end to end solution from creating a website, uploading video, encoding video, video playback to user management for both video on demand and live streaming.