The video-on-demand (VOD)
The video-on-demand (VOD) industry has exploded in recent years. People’s appetites for video-on-demand streaming and subscription video are at an all-time high. One recent report has found that people’s video-on-demand viewing through a VOD platform has grown 155% year-on-year, live streams and viewing up 93% and the average viewing time per session is 26.4 mins.
Savvy businesses have caught on to this rapidly growing trend. VOD services are in such demand that the video streaming market is predicted to grow by $149.96 billion in the next two years. By 2030, so many people will be video streaming that the market is then predicted to be worth a whopping $330.51 billion.
You’ve heard the term video-on-demand. You know VOD streaming platforms are booming. But you want to understand what video-on-demand is, what it offers, and why it’s so popular today. And, if you’re a business, you want to know what the potential is for broadcasters and content creators. You might also ask, ¿what tools and skills will I need to implement video-on-demand to better my business?
Video-on-demand is revolutionary in that there’s equally great potential for both businesses and the entertainment industry. For example, viewers are more likely to engage with brands through video. After all, we’re visual creatures, and the power of video holds tremendous sway. This means that businesses in particular can benefit from video-on-demand content. This is especially true for online videos such as on websites where VOD streaming continues to expand.
In this article, we’re reviewing the top 15 video-on-demand platforms for on-demand video hosting. We’ll compare the best on the market today. We’ll detail the key features, price plans and help you choose the best video-on-demand platforms for your business.
Please note: the Dacast team has updated this comparison by adding 5 more platforms. We’ve also implemented vast improvements and version updates to our own VOD platform technology in 2022 and have more updates planned for 2023.
Table of Contents
¿What is VOD?
¿How Does Video on Demand Work?
Why Professionales Use VOD
¿What is a Video on Demand Hosting Platform?
Top VOD Platform Features
The 15 Best VOD Platforms and Providers in 2022
How to Select the Right VOD Platform For You?
Conclusion
¿What is VOD?
VOD stands for video-on-demand. Video-on-demand allows you to access content from an online video library whenever you want to. You don’t have to wait for your favorite show to air at a specific time, or wait for a movie to come on the air.
With video-on-demand, your audience gets to access videos when they want, on any compatible device. Viewers have come to expect video libraries to offer VOD access.
VOD streaming content is generally previously recorded, and not broadcast in real-time. VOD content was pre-created and added to the platform. However, you can also turn your live streams into VOD content.
A few common examples of streaming services that use the VOD model include:
Netflix
Hulu
Disney+
Prime Video
VOD platforms use OTT streaming. OTT streaming means that you can access the content over the internet, instead of through a traditional cable television or satellite subscription.