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Their self-commissioned programs consist of TV drama series, movies, variety shows, and more which contributed to users watching more hours on the website. The streaming service attributes its massive success through their commitment to delivering high-quality content. It also reached 137 million daily active users in the fourth quarter of 2017. The VOD platform has 62.59 million paid subscribers as of February 2018. Tencent, the makers of messaging services WeChat and QQ, created this subscription service in April 2011. Tencent Video is also leading China’s video on demand pack. Vdocipher helps several VOD Platform to host their videos securely, helping them to boost their video revenues. Users of the VOD platform also have access to graphic novels, online games, and merchandise from the company’s intellectual property.īuild Your Own VOD Platform With VdoCIpher The streaming site also established entertainment production companies to create their video content. Premium subscribers, on the other hand, have access to ad-free video streaming, as well as exclusive releases.
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Their users can watch videos free of charge, although these are not free of ads. Iqiyi offers a hybrid freemium and subscription model. The video on-demand website also amasses 500 million active users monthly. It is currently the largest VOD platform in terms of hours spent, nearly 6 billion hours per month. Baidu, China’s largest search engine company, launched Iqiyi in April 2010. Iqiyi is also one of China’s top subscription sites for video on demand. Platforms: Web, iOS, Android, PC, Smart TV Like Netflix, it also offers a subscription service for its video content. It has a vast video library-from TV dramas, music videos, interviews, and the like. The VOD platform allows users to view, search, and share videos through many devices.
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It has seen tremendous growth since then, clocking in 500 million users monthly. E-commerce giant Alibaba acquired the company later on in 2016. They stream in local websites, one of which is Youku Tudou.įounded September 2005, Youku Tudou started out as China’s version of YouTube. Yet the Chinese don’t turn to global brands such as Netflix and YouTube. The most populous nation in the world occupies almost half (47%) of Asia’s video on demand (VOD) market. Platforms:Web, iOS, Android, PC, Smart TV Users will have a complete control to pause, fast forward content.Įxample: Netflix, Disney+ are few of the top VOD platforms. Without any schedule you can watch content anywhere from any device. What is a VOD Platform?Ī platform that allows users to access video content with their own time preferences. Here’s a list of best VoD platforms used among Asians.
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Now, all eyes are on Asia as it’s predicted to be the main driver of growth in the VOD industry. Connectivity allows consumers to shift to VOD platforms, without sacrificing quality content. These are newer, sometimes much affordable, alternatives to cable entertainment. Video on demand (VoD) services are ushering in an era of convenience for the digital consumer.
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Gone are the days of TV subscriptions and DVD rentals.