Two short and sharp report reviews this week from Rapid TV News, which highlight the continuing and exponential growth of Video on Demand services in the next 4-7 years.

Key points from both reports include:

• Both long and short video formats in high demand.
• The VOD market value will be $77.7BN by 2024.
• The amount of digital players in VOD space is snowballing.
• AVOD (Advertisement video-on-demand) is the fastest growing business model segment.
• Whilst OTT is the emerging as the dominant platform segment.
• Home video spend in Western Europe to reach €8.7BN by 2020.
• UK, Germany and France account for exactly three-quarters of transactional consumer spending on home video entertainment.

If you’re looking to launch, expand or generate higher profit margins from your VOD libraries, then give us a shout at info@seriouslyfreshmedia.com for a no obligation chat about current content trends, geo-targeted libraries or platform / network specific formats.

See full story here:

• First report from Rapid TV News
• Second report from Rapid TV News