Multi-channel Network Market, 2018-2026 – Market Estimate, Competitive Landscape, Industry Size: Coherent Market Insights
Multi-channel network (MCN) are organizations
that work with various video platforms. It manages and provides services to a
portfolio of video-sharing platforms such as YouTube. It often helps content
creators in areas including product, programming, cross-promotion, partner
management, digital rights management, sales, and audience development in
exchange for a percentage of ad revenue from these channels. Furthermore, MCNs
aid content creators in providing different ways to optimize video content to
increase audience engagement on these channels.. Moreover, MCN helps the
channel to increase its audience base and maximize its revenue and performance.
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Driving Factors for Growth of the
Multi-Channel Network Market
Increasing number of internet users is a major
factor driving growth of the multi-channel network market. This is owing to
increasing use of video platforms and social media platforms such as YouTube,
IBM Cloud Video, Amazon Prime, Wistia, Netflix, and others. Furthermore,
viewing habits of video consumers have changed as number of viewers watching
videos online has increasing substantially. For instance, according to a report
by Internet Assigned Number Authority (IANA), the number of internet users
worldwide increased to 3.38 billion in 2016 from 3.25 billion in 2015. Several
users create their own videos to share their interests such as cooking, dance,
beauty, gaming, and others on various video-sharing platforms, which in turn
has increased the number of online videos. The contents of a video can be
anything that creators want to share with viewers such as news, comedy, and
sport. Moreover, increasing revenue of video platform channels drive growth of
the MCN market, owing to growing popularity of these channel among viewers. For
instance, according to a report by National Research Council Canada (NRCC), in
the U.S., the net revenue of YouTube was US$ 2.50 billion in 2016 and increased
to US$ 2.80 billion in 2017. MCN offers various benefits such as production
& editing facilities, marketing & promotion, live events &
merchandise, copyrights, license for videos, video creation & publishing
tools, and others that assist creators to increase their audience base.
Moreover, multi-channel marketing strategies keep customer satisfied by giving
them the option of when and where to spend their time and money.
However, high investments, complexity in
integration on video platforms, and increasing cyber security threats are some
of the major factors retraining growth of the multi-channel network market.
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Regional Analysis of Multi-Channel Network
Market
On the basis of geography, the global
multi-channel network market is segmented into North America, Europe, Asia
Pacific, Latin America, Middle East, and Africa. North America held dominant
position in the multi-channel network market in 2017. This is owing to high
presence of key content creators and service providers of MCN such as
Machinima, Inc., Fullscreen, Inc., Warner Music, Inc., Universal Music Group,
Inc., and others in the region. Furthermore, countries in North America such as
the U.S. and Canada, show significant growth opportunities due to increase in
number of online video viewers.
Asia Pacific is expected to witness
substantial growth in the MCN market during the forecast period, owing to
increasing internet users and growing popularity of video platforms. According
to the statistics published by Internet and Mobile Association of India (IAMAI)
internet users in India reached to 471 million in 2017 up from 432 million in
2016. Such increasing number of internet users and high preference of video
platforms is driving growth of the multi-channel network market over the
forecast period.
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Key players in Multi-channel Network Market
Key players operating in the multi-channel
network market include, Machinima, Inc., Maker Studios, Inc., Fullscreen, Inc.,
Culture Machine Media Pvt. Ltd, Qyuki Digital Media Private Limited, Vevo LLC,
ZEFR, Inc., Warner Music, Inc., Universal Music Group, Inc., Warner Bros.
Entertainment Inc., and The Orchard Enterprises, Inc.
Segmentation of the Multi-channel Network
Market
Multi-channel market is segmented on the basis
of services and tools, application, and region.
On the basis of services and tools:
- Monetization
Assistance
- Cross
Promotion
- Production
& Editing Tools
- Funding
- Digital
Rights Management
On the basis of application:
- BFSI(Banking,
Financial Service and Insurance)
- Telecommunication
- Media
& Entertainment
- TV
Broadcasting
- Information
Technology
On the basis of region:
- North
America
- Europe
- Asia
Pacific
- Latin
America
- Middle
East
- Africa
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