Video on demand services have exploded in recent years and people’s consumption for video-on-streaming services are at an all-time high. According to a report by Statista, revenue in the VOD segment is expected to reach US $155.50 billion by 2027 and user penetration will hit 24.2% by 2027.
Business is increasingly capturing the rapidly growing trend making huge profits with VOD streaming services. It gives great potential both for businesses as well as the entertainment industry.
What is a VOD Platform?
A Video-on-Demand (VOD) hosting platform is a service that allows individuals and businesses to store and deliver their video content to viewers over the internet. It provides a centralized location for hosting and managing video content, which can then be accessed by users on demand.
VOD Services provider typically offer a range of features to help users manage and distribute their video content, including:
Content management tools: These tools allow users to upload, organize, and categorize their video content, making it easy for viewers to find what they’re looking for.
Video playback: VOD hosting platforms provide a player that allows viewers to watch the video content directly on the platform. This player is typically customizable, allowing users to add branding and other customizations.
Monetization options: VOD Services provider offers monetization options such as pay-per-view or subscription-based models, allowing content creators to generate revenue from their content.
Analytics: VOD hosting platforms often provide analytics tools that allow users to track viewer engagement, watch time, and other metrics to help improve their content and marketing strategies.
How does VOD Services Work?
How does it work for businesses?
VOD is powered by OTT technology that uses streaming protocols which compresses and then decompresses video files for streaming over the internet. A VOD platform keeps your contents organized, using video tags and descriptions to make it easy to find your content.
How it works for audience
VOD services help your audience access your video library and choose whatever video they want to watch and whenever they want. Some VOD libraries may charge a certain amount and others run ads and other charges for access.
Who can use a VOD platform?
Entertainment industry can use VOD platforms to stream movies, TV shows, and other types of content on their audience’s devices like computers, smartphones, tablets, smart TVs, and other compatible devices.
Businesses can also use VOD platforms to host and distribute their own video content, such as product demos, webinars, training videos, and promotional materials. This allows them to reach a wider audience and potentially generate revenue from their content.
Top 5 VOD streaming platform
MUVI
Muvi One is the world’s most popular no-code video streaming platform that allows you to launch your own video and audio streaming platform. An end-to-end cloud video platform, Muvi One offers a variety of advanced features enabling enterprises to launch their OTT, elearning, sports streaming, media and entertainment, health, and fitness platform in a jiffy. You can offer video-on-demand and live streaming contents to your audience and monetize the same using various monetization models.
Popular features of Muvi One
- Video encoding and transcoding at multiple bitrates
- HTML5 video player
- Multi CDN
- Adaptive online video player
- Video security features like multi-DRM, watermarking, screen record protection and IP restrictions among others
- Cross-browser and cross-device video playback capability
- Fully customizable website with ready to plug/use templates and an advanced functionality of a customizable visual designer for the no coding DIYers.
- Video API
- Multiple monetization models
- Integration with most-popular payment gateways like Paypal, Stripe, PayU, Authorize.net, etc
Uscreen
Uscreen is a VOD services provider that enables creators and businesses to launch and monetize their own online video streaming platforms. As a VOD service provider, Uscreen offers a suite of tools and features that allow content creators to build and launch their own branded VOD websites, apps, and OTT platforms.
With Uscreen, creators can easily upload and organize their video content, set up subscription plans and pay-per-view options, and customize their platform’s design and branding. Uscreen also offers a range of marketing and promotional tools, including email campaigns, social media integrations, and analytics and reporting features to help creators grow and manage their audience.
Vplayed
Vplayed is a VOD services provider that offers a range of solutions for businesses and creators looking to launch and monetize their own online video streaming platforms. Vplayed’s platform is designed to support a variety of video formats and enable easy upload, management, and delivery of video content.
One of the key features of Vplayed is its customizable white-label solution, which enables businesses to build and launch their own branded VOD website, app, or OTT platform. This solution also allows for customizing the design, branding, and user experience of the platform, providing businesses with the flexibility to tailor their VOD service to their specific needs and target audience.
Dacast
Dacast is a VOD services provider that offers a range of solutions for businesses and content creators to launch and monetize their own online video streaming platforms. Dacast’s platform is designed to be easy-to-use, scalable, and customizable, with features that enable users to upload, manage, and deliver their video content to their target audience.
One of the key features of Dacast is its customizable white-label solution, which allows businesses to create and launch their own branded VOD website, app, or OTT platform. This solution also offers a range of customization options for branding, design, and user experience, providing businesses with the flexibility to tailor their VOD service to their specific needs and target audience.
Choose Muvi as Your VOD services provider to launch your own platform!
Cloud-hosted on one of the world’s leading CDN providers, AWS (Amazon Web Services), Muvi One allows content owners to launch their own-branded multi-screen video or audio streaming platform instantly with minimal upfront investment. Take a free trial to know more!