|By Business Wire||
|August 12, 2013 12:36 PM EDT||
Research and Markets (http://www.researchandmarkets.com/research/pzg6bd/global_data) has announced the addition of the "Global Data Center VOD Market 2012-2016" report to their offering.
The analysts forecast the Global Data Center Video on Demand (VOD) market to grow at a CAGR of 13.87 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for HD programming and on-demand content. The Global Data Center VOD market has also been witnessing innovation in server technology. However, inefficient streaming of VOD content due to limited bandwidth could pose a challenge to the growth of this market.
The key vendors dominating this space include ARRIS Group Inc., Concurrent Computer Corp., Dell Inc., EMC Corp., Harmonic Inc., Harris Corp., HP Co., IBM Corp., NetApp Inc., and SeaChange International Inc.
The other vendors mentioned in this report are Alcatel-Lucent SA, Apple Inc., Blinkbox, Cisco Systems Inc., Comcast Corp., Edgeware, Espial Group Inc., Fujitsu Ltd., Google Inc., Grass Valley USA LLC, Huawei Technologies Co. Ltd., Hulu.com, LOVEFiLM.com, Motorola Mobility Inc., Netflix Inc., Panasas Inc., RGB Networks, Thomson Video Networks, Verizon FIOS, and ZTE Corp.
Commenting on the report, an analyst from the team said: Various service providers are offering attractive pricing for on-demand services. Netflix and LoveFilm offer unlimited online streaming videos for a subscription of a few dollars a month. Users can also rent unlimited DVDs per month for a very low subscription. Moreover, games on-demand has a very strong growth potential. The set-top box is becoming popular, and operators have started to cover games in their packages.
According to the report, one of the main factors driving the market is the increase in number of smart devices. Innovation in devices, tablets, smartphones and connected TVs has led to an increase in the demand for on-demand videos in the market. This has not only increased the volume of data traffic, but it has also increased on-demand content such as videos, movies, music, and TV shows.
For more information visit http://www.researchandmarkets.com/research/pzg6bd/global_data
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