The insurance industry is on the verge of a big change thanks to the implementation of the Video-based KYC identification procedure. Learn more.
The digital KYC can not only help you prevent identity theft but also onboard customers fast.
The increase in Smartphones and Smart TV usage has boosted the number of subscriptions for VOD services across the globe.
These smart devices enable the users to view the streaming videos on any mobile devices which eventually helped in the growth of the VOD market.According to a study, the revenue of the VOD global market is projected to increase by 10.17% with a volume of USD 126,548 million by 2025.
With an array of VOD models and various platforms to try its business prospects, video on demand app development is also growing simultaneously.Before we learn the steps to develop a VOD app, let’s learn what is VOD and its market and challenges.What is a VOD App?A VOD or a video on demand app is a software media application system where the users can select any video available in the system to watch at any given time.
The users can watch the videos on any remote device as long as the device has the app downloaded.
The VOD apps allow flexibility and the choice to watch the videos of your choice.
Moreover, watching videos on VOD streaming platforms can be achieved at a lower bandwidth making it reachable for more users.Such flexibility has naturally increased the demand for such apps and subscriptions that people are willing to invest in the video-on-demand applications and their development.Why Invest in VOD App Development – Market & StatsThe business prospects of the VOD industry is huge as more and more developing economies of the world are seeing a surge in internet usage and the market of smart devices that help with video streaming.
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Helping you shop online for Power banksA Power Bank has become a ‘must-have’ item for every smartphone user.
It acts as a catalyst in your fast-paced lifestyle by keeping all your devices charged as you are on the go.
Choose the right capacity‘Capacity’ is the maximum amount of energy that your battery can hold when it’s fully charged.
It’s measured in milliamperes (mAh).
For charging your smartphones, you need anything between 10 to 15,000 mAh.
So a powerbank delivers only about 2/3rd of its promised capacity.1.