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Online Video Platform Market size is set to grow by USD 2.19 billion from 2024-2028, Increase in streaming services to boost the market growth, Technavio

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NEW YORK, June 20, 2024 /PRNewswire/ — The global online video platform market size is estimated to grow by USD 2.19 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 21.57%  during the forecast period. Increase in streaming services is driving market growth, with a trend towards live streaming of videos. However, free open-source video platform poses a challenge. Key market players include Adobe Inc., Akamai Technologies Inc., Alphabet Inc., Bharti Airtel Ltd., Brightcove Inc., Comcast Corp., Dacast Inc., International Business Machines Corp., Kaltura Inc., MediaMelon Inc., MediaPlatform Inc., Panopto Inc., Piksel srl, Samba Mobile Multimidia SA, Telstra Corp. Ltd., Viacom18 Media Pvt. Ltd., Vimeo.com Inc., Viostream, Wistia Inc., and Youku Tudou Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (Individuals, Brand and enterprises, and
Content creators), Type (UGC, DIY, and SaaS),
and Geography (APAC, North America, Europe,
South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America,
and Middle East and Africa

Key companies profiled

Adobe Inc., Akamai Technologies Inc., Alphabet
Inc., Bharti Airtel Ltd., Brightcove Inc., Comcast
Corp., Dacast Inc., International Business
Machines Corp., Kaltura Inc., MediaMelon Inc.,
MediaPlatform Inc., Panopto Inc., Piksel srl,
Samba Mobile Multimidia SA, Telstra Corp. Ltd.,
Viacom18 Media Pvt. Ltd., Vimeo.com Inc.,
Viostream, Wistia Inc., and Youku Tudou Inc.

Key Market Trends Fueling Growth

Online videos have become essential for businesses looking to engage consumers and influence buying decisions. Live streaming, a real-time Internet broadcast, is a popular trend among brand owners. Social media platforms like Facebook, YouTube, Snapchat, and Twitter have invested in enhancing live streaming capabilities. Brands use live streaming for tutorials, product launches, news, humor, and regular series. Monetization methods include micropayments, mid-roll ads, and social platform payments. These factors contribute to the growth of the Online Video Platform market.

The online video platform market is experiencing significant growth with an increasing number of users and businesses adopting video content. Large scales of live streaming and on-demand videos are driving this trend. Monetization strategies such as ads, subscriptions, and sponsorships are becoming more common. Uses include education, entertainment, marketing, and communication. Platforms offer various features like video analytics, customization, and integration with social media. User-generated content and interactive tools are also popular. The market is competitive with players like YouTube, Vimeo, and Facebook Live. Usage is expected to continue growing due to the convenience and engagement provided by online videos. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Online Video Platform (OVP) market is experiencing significant growth due to the increasing popularity of video content on the Internet. Brands are leveraging free video hosting platforms like YouTube, Metacafe, and Blip.tv to enhance their online presence. These platforms offer millions of videos on various topics and provide access to commercial content. Paid OVPs face intense competition as customers can access free live TV shows, sports events, movies, and news online with high-definition streaming. Consequently, the global OVP market is expected to grow substantially during the forecast period, as free Internet services restrict the use of paid services.The online video platform market is experiencing significant growth, with an increasing number of businesses utilizing video content for marketing and communication purposes. However, this market also presents several challenges. One major challenge is creating high-quality video content that engages and retains viewer attention. Another challenge is optimizing videos for search engines and social media platforms to increase reach and visibility. Additionally, ensuring video accessibility on various devices and ensuring secure video hosting are ongoing concerns. Furthermore, monetizing video content through ads or subscriptions can be complex, requiring a deep understanding of audience demographics and viewer behavior. Lastly, keeping up with the latest video technology trends and maintaining a consistent brand image across all video content can be time-consuming and resource-intensive.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This online video platform market report extensively covers market segmentation by

End-user 1.1 Individuals1.2 Brand and enterprises1.3 Content creatorsType 2.1 UGC2.2 DIY2.3 SaaSGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Individuals- Online Video Platforms (OVPs) have become essential tools for individuals to share content without the need for organizational affiliation. User-generated videos (UGVs) account for 80-85% of global trust, surpassing that of traditional sources. UGVs serve various purposes, including entertainment, education, and opinions on goods and services. Trusted UGVs can boost product usage and OVP revenue. The individual Internet video market contributes significantly to OVP growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

In the rapidly evolving digital landscape, the Online Video Platform (OVP) market continues to gain momentum. With the proliferation of smartphones and handheld devices, live streaming has become a preferred mode of video content consumption. Monetization of channels through streaming services is a significant trend, enabling content creators to reach a global audience. Telecom networks, including 4G and the emerging 5G network, facilitate seamless internet access for live streams. Transcoding and managing video content is crucial for publishers to ensure smooth delivery to viewers. Television is no longer confined to traditional broadcasting, as online video advertising becomes an integral part of video-based marketing content. Tracking viewer engagement and analytics is essential for optimizing revenue streams in this dynamic market.

Market Research Overview

The Online Video Platform market is a dynamic and growing industry, characterized by its ability to deliver high-quality video content to consumers on-demand. This market encompasses various technologies and services, including streaming, video hosting, and video analytics. The market caters to various sectors such as education, entertainment, advertising, and corporate training. The platforms offer features like adaptive bitrate streaming, personalized recommendations, and social media integration. The market is driven by factors such as increasing internet penetration, rising consumer demand for on-demand content, and advancements in video compression technology. The future of the Online Video Platform market looks promising, with continued innovation and expansion into new areas like virtual and augmented reality.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userIndividualsBrand And EnterprisesContent CreatorsTypeUGCDIYSaaSGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Leading Rapid Manufacturer Launches Marketplace, Empowering Entrepreneurs to Monetize Designs

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RENO, Nev., May 19, 2025 /PRNewswire/ — U.S.-based custom sheet metal manufacturer, SendCutSend, announced the launch of the SendCutSend Marketplace, an online platform designed to help small businesses and entrepreneurs more easily profit from their custom ideas.

Marketplace allows SendCutSend users to design, create and sell their fabricated product without the need to carry inventory or coordinate shipping logistics.

“It works great for parts that don’t exist anywhere else and parts that solve a specific problem,” said Jim Belosic, CEO of SendCutSend. “When someone buys your product, we’ll make it, package it and ship it to their door. You decide how much profit you want to make on each sale.”

Marketplace officially launched in March, and multiple sellers have already generated thousands in personal profit without having to manage a single order.

“The SCS Marketplace allows me to offer an endless supply of parts without requiring large capital investments, all while saving my most valuable resource—my time,” said Josh Thiede of Harley Designs Inc. “By leveraging their extensive manufacturing and shipping resources, I can get products to customers quickly. It’s a seamless, hassle-free solution that keeps my business running efficiently without the usual overhead.”

SendCutSend Marketplace offers a host of benefits, including:

Simple Startup: Any part previously ordered through SendCutSend can be submitted to the Marketplace for approval. Designers simply select a part, upload compelling photos, craft an engaging description, and set their price.Passive Income: Sellers earn a payout each time a customer orders their product. SendCutSend handles all manufacturing, packaging, and shipping, eliminating the need for sellers to manage inventory or logistics.Complete Ownership: Sellers retain full ownership of their designs, ideas, and intellectual property. SendCutSend acts as a manufacturing and fulfillment partner, ensuring designers maintain control over their creations.

For more information about Marketplace and to see product examples visit, sendcutsend.com/marketplace.

About SendCutSend
SendCutSend is an on-demand, custom sheet metal manufacturing company with facilities in Reno, Nev., Paris, Ky., and Arlington, Texas serving the United States and Canada. Founded by two software engineers frustrated by the lack of access to commercial manufacturing, SendCutSend bridges the gap between quality, speed, affordability and convenience in the manufacturing industry. From its humble beginnings in a garage to landing on the Inc 5000 and Deloitte Technology Fast 500, SendCutSend is proud to now call 59% of the companies in the Fortune 500 customers. SendCutSend offers laser cutting and finishing services for everything from one-off prototypes to sale/assembly ready parts at scale shipped in as little as two days with no minimum quantities. For more information visit SendCutSend.com or follow on Instagram or YouTube.

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SOURCE SendCutSend

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Smartkem Collaborates with Manz Asia for Advanced Computer and AI Chip Packaging Solutions

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Manz Asia will be demonstrating its advanced inkjet metallization using Smartkem’s advanced dielectric materials at SEMICON® SEA 2025 in Singapore, May 20-22, 2025.

Visit Manz Asia at Booth no. L1314.

MANCHESTER, England, May 19, 2025 /PRNewswire/ — Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, today announced that it has entered into a collaboration with Manz Asia, a developer of production solutions for semiconductor advanced packaging manufacturing sectors. The collaboration includes the demonstration of inkjet printable dielectric layers for use in advanced computer and AI chip packaging solutions at this year’s SEMICON® SEA in Singapore, May 20-22, 2025.

Smartkem Chairman and CEO, Ian Jenks, commented: “We’re thrilled to be working with Manz Asia to address a fast-growing opportunity in the market for advanced computer and AI chip packaging. As the demand for AI leads to increasingly complex servers, our materials combined with Manz Asia’s printing technology have the potential to enable large area panel chip packaging beyond the existing constraints of today’s 300mm wafer packaging. Panel level packaging is a market expected to grow to approximately $600 million in 2030, a 27% compound annual growth rate from 2024. “[1]

Manz Asia General Manger, Robert Lin, commented: “Manz Asia is committed to advancing green manufacturing and smart production through the development of high-precision inkjet printing equipment. Our maskless inkjet technology enables accurate material deposition and supports a wide range of inks, making it suitable for various substrates—including PI, ABF, EMC, silicon, and glass—in both wafer and panel formats. The collaboration with Smartkem marks a significant step in demonstrating how our inkjet platform, combined with next-generation dielectric materials, can deliver scalable and sustainable solutions for semiconductor advanced packaging.”

Building on the UV curable dielectric layer chemistry developed at Smartkem’s R&D facility for thin film transistor fabrication, Smartkem has designed ink formulations suitable for use in advanced computer and AI chip packaging applications. These inks have been co-developed with Manz Asia to be compatible with its existing inkjet-based semiconductor production equipment.

Panel level packaging on rectangular wafers offers key advantages over traditional packaging on circular wafers, including:

Higher throughput, as a larger print area means more chips can be packaged simultaneously;Lower cost per chip from economies of scale with use of printed circuit board like manufacturing equipment;Better material utilization from less edge loss compared to circular wafers; andImproved integration supported by complex fan-out wafer-level packaging at a larger scale.

About Smartkem 
Smartkem is seeking to change the world of electronics with a new class of transistors developed using its proprietary advanced semiconductor materials. Our TRUFLEX® semiconductor polymers enable low temperature printing processes that are compatible with existing manufacturing infrastructure to deliver low-cost, high-performance displays. Our semiconductor platform can be used in a range of display technologies including MicroLED, LCD and AMOLED, as well as in applications in advanced computer and AI chip packaging, sensors, and logic. 

Smartkem designs and develops its materials at its research and development facility in Manchester, UK and provides prototyping services at the Centre for Process Innovation (CPI) in Sedgefield, UK. It operates a field application office in Hsinchu, Taiwan, close to collaboration partner, The Industrial Technology Research Institute (ITRI). Smartkem is developing a commercial-scale production process and Electronic Design Automation (EDA) tools to demonstrate the commercial viability of manufacturing a new generation of displays using its materials.

The company has an extensive IP portfolio including 138 granted patents across 17 patent families, 16 pending patents and 40 codified trade secrets. For more information, visit our website or follow us on LinkedIn.

About Manz Asia
Manz Asia is a leading manufacturer of advanced semiconductor equipment, driving technological innovation and process excellence within the CoPoS (CoWoS panelization) technology framework for panel-level packaging.

We offer comprehensive equipment solutions encompassing wet chemistry, plating, digital printing, automation, and proprietary software integration for Redistribution Layer (RDL) process—from lab-scale to mass production. Our technologies support key applications in Fan-Out Panel-Level Packaging (FOPLP), Through Glass Via (TGV), and IC substrates, covering critical stages of semiconductor packaging.

By enhancing production efficiency, optimizing process quality, and strengthening market competitiveness, Manz Asia empowers the semiconductor industry to achieve higher standards of excellence. 

For more information, please visit website or follow us on LinkedIn.

About SEMICON® Southeast Asia
Forward-thinking semiconductor organizations are implementing practices to reduce the environmental impact of their businesses and manufacturing operations to ensure their resiliency when disruptive events such as geopolitical conflicts, climate-related disasters, and public health crises strike. Initiatives focused on reducing greenhouse gas emissions and water use, deploying renewable energy systems, and improving the energy efficiency of chipmaking equipment are growing in importance.

To thrive in the coming decade and beyond, companies must look beyond short-term performance and focus on building resilience to better withstand unpredictable disruptions to their businesses, the semiconductor industry and global economies. Visit the website for more information.

Forward-Looking Statements 
All statements in this press release that are not historical are forward-looking statements, including, among other things, its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on Smartkem, Inc.’s current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expect,” “intend,” “plan,” “project,” “believe,” “estimate,” and other similar or elated expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company’s control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

Industry Representatives and Media
Selena Kirkwood
Head of Communications for Smartkem
T: +44 (0) 7971 460 364
s.kirkwood@smartkem.com

Analysts and Investors
David Barnard, CFA
Alliance Advisors Investor Relations
T: 1 415 433 3777
dbarnard@allianceadvisors.com

[1] Yole Intelligence: Panel Level Packaging 2025 https://www.yolegroup.com/product/report/panel-level-packaging-2025/

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Reins joins The Blue Collar Success Group® to empower skilled trades business owners

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The leading provider of alternative equity solutions will introduce its innovative employee incentives to The Blue Collar Success Group’s wide membership.

LAS VEGAS, May 19, 2025 /PRNewswire/ — Reins, a pioneering technology firm dedicated to empowering privately owned businesses through alternative equity solutions, announces a new partnership with The Blue Collar Success Group, an international coaching and business development organization focused on the skilled trades. As part of the partnership, Reins will be a preferred vendor for the organization’s broad membership, introducing skilled trade business owners from across the world to innovative employee retention solutions.

“The Blue Collar Success Group knows how to coach business owners to build sustainable growth, to dominate within their markets and ultimately to live the kind of lives they want—and they also know the skilled trades inside and out,” said Chris Buttenham, co-founder of Reins. “This is an organization that’s helped countless entrepreneurs and technicians turn their business dreams into realities, and we’re pleased to be a part of that.”

The Blue Collar Success Group extends its services throughout the United States, Canada and Australia, supporting its membership with custom solutions—ranging from one-on-one coaching to live training sessions, seminars and events.  Members also receive recommendations on the best resources and vendors to help them scale their growth.

“We don’t believe in one-size-fits-all solutions for the home service contractors we serve, which is why we love highlighting innovative tools like the Reins Modern Agreement for Rewards and Equity (MARE) program,” said Chris Crew, president of The Blue Collar Success Group. “For contractors who are looking for outside-the-box options to attract, motivate and retain top talents, what Reins offers is truly remarkable and proven to work in our industry.”

With innovations like MARE, Reins provides skilled trade business owners with unique options to incentive employee tenure and performance, providing a sense of “skin in the game” through phantom stock offerings. Phantom stock allows business owners to provide their employees with the benefits of ownership without having to navigate the hassle of traditional ownership offerings.

For more information about Reins, visit https://www.myreins.com.

About Reins
Reins is an innovative platform that empowers privately-owned businesses to retain key employees effectively by offering owner-like benefits that incentivize employees to contribute to the long-term success of the business. Founded in 2023, Reins’ mission is to help independent businesses remain productive and growing. Reins’ proprietary solution, the Modern Agreement for Rewards and Equity (MARE) program was built by attorneys and is customizable to meet each business owner’s needs. Every plan is legally binding and stored safely in the Reins software for compliance. Using the MARE program, business owners can create and execute a tailored program within minutes. For more information about Reins and the MARE program, please visit https://myreins.com/.

MEDIA CONTACT:

Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com

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