The global data center Video on Demand (VoD) market is projected to grow from USD 10.73 billion in 2024 to USD 22.67 billion by 2032, driven by increasing mobile computing device proliferation and rising demand for internet-enabled smartphones. North America currently dominates the market, holding a 43.1% revenue share in 2024, while Asia-Pacific is expected to exhibit the fastest growth at an 8.69% CAGR during the forecast period. Key trends include the integration of AI and machine learning for personalization and enhanced user experience, alongside challenges such as content piracy and high infrastructure costs.
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Add as preferred sourceThis report points to a larger installed base for the infrastructure behind streaming video, with VOD servers, OTT services, and subscription models still carrying the biggest shares. It also shows where growth is moving: North America leads on revenue today, but Asia-Pacific is growing faster, and AI plus machine learning are becoming part of the user-experience stack. That matters for platform operators and vendors because the market is split between mature monetization in the U.S. and expansion in APAC. The next data point to watch is whether APAC sustains its 8.69% CAGR through 2032 as mobile and smartphone adoption keep climbing.