Data centre VoD market doubles toward $22.67 billion by 2032
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.
Key Takeaways
- The market is valued at USD 10.73 billion in 2024 and projected to reach USD 22.67 billion by 2032 at a 9.80% CAGR.
- North America held 43.1% of revenue in 2024, while Asia-Pacific is forecast to grow at an 8.69% CAGR from 2025 to 2032.
- The VOD Server segment led with a 46.5% share in 2024, reflecting demand for scalable delivery across OTT platforms.
- Subscription-based monetization accounted for 57.8% of revenue in 2024, ahead of advertising-based VoD.
- OTT Services held a 62.4% share in 2024, and Entertainment represented 65.1% of applications.
Why It Matters
This 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.
Read full article at databridgemarketresearch.com
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