COVID-19 Update: Global Online Porn Market was Estimated to be US$ 35.17 Billion in 2019 and is Expected to Grow at a CAGR of 15.12% Over the Forecast Period, Says Absolute Markets Insights
- Global Online Porn Market Owing to Growing Adoption of Video Streaming Services across the World in Lockdown Conditions
PUNE, India, April 20, 2020 /PRNewswire/ -- The rapid expansion of the coronavirus (COVID-19) has led governments across the world to limit the operations across industries which are not under the essential services sector. This has led a large section of population across the world to be confined in their houses for limiting the spread of the disease. These lockdown conditions have been beneficial for the media and entertainment sector which is evident from the significant internet traffic dedicated on media and entertainment services.
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Online porn has been a key sector that has received an upsurge in number of users and subscribers over the lockdown period. Market participants have been using various marketing initiatives and are also providing subscriptions at more affordable prices for improving the number of subscribers on their platform. This has also led to an increase in transactions through cryptocurrencies which are observed as the major medium for payment of subscription fees across various portals offering online porn. In addition to this, the current conditions have been used to be integrated in the content offered by the market participants. These initiatives are expected to offer the market with a steady growth in terms of subscribers and revenue over the forecast period. Such a factor has aided the global online porn market in the recent past and is expected to continue the same trend over the next eight years.
The detailed research study provides qualitative and quantitative analysis of online porn market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
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Key Findings of the Report:
- The access to online porn is expected to grow through mobile devices over the forecast period. This is primarily owing to the growing sales of mobile devices along with penetration of market participants into various regions across the world. The access to online porn was observed to be notable through computers and laptops across various regions in the world in recent years.
- The growing number of female users for the industry is expected to aid the growth of online porn market. Improved awareness regarding market offerings along with enhanced internet connectivity across various regions are expected to help the growth of the market.
- As far as geography is concerned, Asia Pacific region is expected to witness the highest growth in future years. Increasing initiatives from publishers such as improved subscription prices for their services along with an improved internet network would help in enhancing the revenue figures for the overall market.
- Some of the players operating in the online porn market are Hammy Media Limited, Larry Flynt Publications, MindGeek, Private Media Group, Vivid Entertainment, and WGCZ Holdings amongst others.
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Online Porn Market:
- By Device Type
- Computers
- Mobile Devices
- By User Base
- Male
- Female
- By Geography
- North America
- U.S
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
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