Global Video on Demand Market Growth (Status and Outlook) 2020-2025
According to this study, over the next five years the Video on Demand market will register a 5.3%% CAGR in terms of revenue, the global market size will reach $ 49780 million by 2025, from $ 40500 million in 2019. In particular, this report presents the global revenue market share of key companies in Video on Demand business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Video on Demand market by product type, application, key manufacturers and key regions and countries.
This study specially analyses the impact of Covid-19 outbreak on the Video on Demand, covering the supply chain analysis, impact assessment to the Video on Demand market size growth rate in several scenarios, and the measures to be undertaken by Video on Demand companies in response to the COVID-19 epidemic.
Segmentation by type: breakdown data from 2015 to 2020 in Section 2.3; and forecast to 2025 in section 10.7.
Transactional Video on Demand (TVOD)
Subscription Video on Demand (SVOD)
Near-Video on Demand (NVOD)
Others
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2025 in section 10.8.
Entertainment
Education and Training
Network Video Kiosks
Online Commerce
Digital Libraries
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Fujitsu
ZTE
Akamai Technologies
Avaya
Huawei Technologies
Cisco
Level 3 Communications
AT and T
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Video on Demand market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Video on Demand market by identifying its various subsegments.
Focuses on the key global Video on Demand players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Video on Demand with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Video on Demand submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Video on Demand Market Size 2015-2025
2.1.2 Video on Demand Market Size CAGR by Region
2.2 Video on Demand Segment by Type
2.2.1 Transactional Video on Demand (TVOD)
2.2.2 Transactional Video on Demand (TVOD)
2.2.3 Near-Video on Demand (NVOD)
2.2.4 Others
2.3 Video on Demand Market Size by Type
2.3.1 Global Video on Demand Market Size Market Share by Type (2015-2020)
2.3.2 Global Video on Demand Market Size Growth Rate by Type (2015-2020)
2.4 Video on Demand Segment by Application
2.4.1 Entertainment
2.4.2 Education and Training
2.4.3 Network Video Kiosks
2.4.4 Online Commerce
2.4.5 Digital Libraries
2.5 Video on Demand Market Size by Application
2.5.1 Global Video on Demand Market Size Market Share by Application (2015-2020)
2.5.2 Global Video on Demand Market Size Growth Rate by Application (2015-2020)
3 Global Video on Demand by Players
3.1 Global Video on Demand Market Size Market Share by Players
3.1.1 Global Video on Demand Market Size by Players (2018-2020)
3.1.2 Global Video on Demand Market Size Market Share by Players (2018-2020)
3.2 Global Video on Demand Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2018-2020)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Video on Demand by Regions
4.1 Video on Demand Market Size by Regions
4.2 Americas Video on Demand Market Size Growth
4.3 APAC Video on Demand Market Size Growth
4.4 Europe Video on Demand Market Size Growth
4.5 Middle East & Africa Video on Demand Market Size Growth
5 Americas
5.1 Americas Video on Demand Market Size by Countries
5.2 Americas Video on Demand Market Size by Type
5.3 Americas Video on Demand Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Video on Demand Market Size by Regions
6.2 APAC Video on Demand Market Size by Type
6.3 APAC Video on Demand Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Regions
7 Europe
7.1 Europe Video on Demand by Countries
7.2 Europe Video on Demand Market Size by Type
7.3 Europe Video on Demand Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Video on Demand by Countries
8.2 Middle East & Africa Video on Demand Market Size by Type
8.3 Middle East & Africa Video on Demand Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Video on Demand Market Forecast
10.1 Global Video on Demand Market Size Forecast (2021-2025)
10.2 Global Video on Demand Forecast by Regions
10.2.1 Global Video on Demand Forecast by Regions (2021-2025)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Video on Demand Forecast by Type
10.8 Global Video on Demand Forecast by Application
11 Key Players Analysis
11.1 Fujitsu
11.1.1 Company Details
11.1.2 Video on Demand Product Offered
11.1.3 Fujitsu Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.1.4 Main Business Overview
11.1.5 Fujitsu News
11.2 ZTE
11.2.1 Company Details
11.2.2 Video on Demand Product Offered
11.2.3 ZTE Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.2.4 Main Business Overview
11.2.5 ZTE News
11.3 Akamai Technologies
11.3.1 Company Details
11.3.2 Video on Demand Product Offered
11.3.3 Akamai Technologies Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.3.4 Main Business Overview
11.3.5 Akamai Technologies News
11.4 Avaya
11.4.1 Company Details
11.4.2 Video on Demand Product Offered
11.4.3 Avaya Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.4.4 Main Business Overview
11.4.5 Avaya News
11.5 Huawei Technologies
11.5.1 Company Details
11.5.2 Video on Demand Product Offered
11.5.3 Huawei Technologies Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.5.4 Main Business Overview
11.5.5 Huawei Technologies News
11.6 Cisco
11.6.1 Company Details
11.6.2 Video on Demand Product Offered
11.6.3 Cisco Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.6.4 Main Business Overview
11.6.5 Cisco News
11.7 Level 3 Communications
11.7.1 Company Details
11.7.2 Video on Demand Product Offered
11.7.3 Level 3 Communications Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.7.4 Main Business Overview
11.7.5 Level 3 Communications News
11.8 AT and T
11.8.1 Company Details
11.8.2 Video on Demand Product Offered
11.8.3 AT and T Video on Demand Revenue, Gross Margin and Market Share (2018-2020)
11.8.4 Main Business Overview
11.8.5 AT and T News
12 Research Findings and Conclusion
List of Tables
Table 1. Research Methodology
Table 2. Data Source
Table 3. Video on Demand Market Size CAGR by Region 2015-2025 ($ Millions)
Table 4. Major Players of Transactional Video on Demand (TVOD)
Table 5. Major Players of Subscription Video on Demand (SVOD)
Table 6. Major Players of Near-Video on Demand (NVOD)
Table 7. Major Players of Others
Table 8. Video on Demand Market Size by Type (2014-2019) ($ Millions)
Table 9. Global Video on Demand Market Size Market Share by Type (2015-2020)
Table 10. Global Video on Demand Market Size by Application (2015-2020) ($ Millions)
Table 11. Global Video on Demand Market Size Market Share by Application (2015-2020)
Table 12. Global Video on Demand Revenue by Players (2018-2020) ($ Millions)
Table 13. Global Video on Demand Revenue Market Share by Players (2018-2020)
Table 14. Global Video on Demand Key Players Head office and Products Offered
Table 15. Video on Demand Concentration Ratio (CR3, CR5 and CR10) (2018-2020)
Table 16. New Products and Potential Entrants
Table 17. Mergers & Acquisitions, Expansion
Table 18. Global Video on Demand Market Size by Regions 2015-2020 ($ Millions)
Table 19. Global Video on Demand Market Size Market Share by Regions 2015-2020
Table 20. Americas Video on Demand Market Size by Countries (2015-2020) ($ Millions)
Table 21. Americas Video on Demand Market Size Market Share by Countries (2015-2020)
Table 22. Americas Video on Demand Market Size by Type (2015-2020) ($ Millions)
Table 23. Americas Video on Demand Market Size Market Share by Type (2015-2020)
Table 24. Americas Video on Demand Market Size by Application (2015-2020) ($ Millions)
Table 25. Americas Video on Demand Market Size Market Share by Application (2015-2020)
Table 26. APAC Video on Demand Market Size by Regions (2015-2020) ($ Millions)
Table 27. APAC Video on Demand Market Size Market Share by Regions (2015-2020)
Table 28. APAC Video on Demand Market Size by Type (2015-2020) ($ Millions)
Table 29. APAC Video on Demand Market Size Market Share by Type (2015-2020)
Table 30. APAC Video on Demand Market Size by Application (2015-2020) ($ Millions)
Table 31. APAC Video on Demand Market Size Market Share by Application (2015-2020)
Table 32. Europe Video on Demand Market Size by Countries (2015-2020) ($ Millions)
Table 33. Europe Video on Demand Market Size Market Share by Countries (2015-2020)
Table 34. Europe Video on Demand Market Size by Type (2015-2020) ($ Millions)
Table 35. Europe Video on Demand Market Size Market Share by Type (2015-2020)
Table 36. Europe Video on Demand Market Size by Application (2015-2020) ($ Millions)
Table 37. Europe Video on Demand Market Size Market Share by Application (2015-2020)
Table 38. Middle East & Africa Video on Demand Market Size by Countries (2015-2020) ($ Millions)
Table 39. Middle East & Africa Video on Demand Market Size Market Share by Countries (2015-2020)
Table 40. Middle East & Africa Video on Demand Market Size by Type (2015-2020) ($ Millions)
Table 41. Middle East & Africa Video on Demand Market Size Market Share by Type (2015-2020)
Table 42. Middle East & Africa Video on Demand Market Size by Application (2015-2020) ($ Millions)
Table 43. Middle East & Africa Video on Demand Market Size Market Share by Application (2015-2020)
Table 44. Key and Potential Regions of Video on Demand
Table 45. Key Application and Potential Industries of Video on Demand
Table 46. Key Challenges of Video on Demand
Table 47. Key Trends of Video on Demand
Table 48. Global Video on Demand Market Size Forecast by Regions (2021-2025) ($ Millions)
Table 49. Global Video on Demand Market Size Market Share Forecast by Regions
Table 50. Global Video on Demand Market Size Forecast by Type (2021-2025) ($ Millions)
Table 51. Global Video on Demand Market Size Market Share Forecast by Type (2021-2025)
Table 52. Global Video on Demand Market Size Forecast by Application (2021-2025) ($ Millions)
Table 53. Global Video on Demand Market Size Market Share Forecast by Application (2021-2025)
Table 54. Fujitsu Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 55. Fujitsu Video on Demand Product Offered
Table 56. Fujitsu Video on Demand Revenue and Gross Margin (2018-2020E)
Table 57. Fujitsu Main Business
Table 58. Fujitsu Latest Developments
Table 59. ZTE Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 60. ZTE Video on Demand Product Offered
Table 61. ZTE Main Business
Table 62. ZTE Video on Demand Revenue and Gross Margin (2018-2020E)
Table 63. ZTE Latest Developments
Table 64. Akamai Technologies Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 65. Akamai Technologies Video on Demand Product Offered
Table 66. Akamai Technologies Main Business
Table 67. Akamai Technologies Video on Demand Revenue and Gross Margin (2018-2020E)
Table 68. Akamai Technologies Latest Developments
Table 69. Avaya Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 70. Avaya Video on Demand Product Offered
Table 71. Avaya Main Business
Table 72. Avaya Video on Demand Revenue and Gross Margin (2018-2020E)
Table 73. Avaya Latest Developments
Table 74. Huawei Technologies Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 75. Huawei Technologies Video on Demand Product Offered
Table 76. Huawei Technologies Main Business
Table 77. Huawei Technologies Video on Demand Revenue and Gross Margin (2018-2020E)
Table 78. Huawei Technologies Latest Developments
Table 79. Cisco Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 80. Cisco Video on Demand Product Offered
Table 81. Cisco Main Business
Table 82. Cisco Video on Demand Revenue and Gross Margin (2018-2020E)
Table 83. Cisco Latest Developments
Table 84. Level 3 Communications Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 85. Level 3 Communications Video on Demand Product Offered
Table 86. Level 3 Communications Main Business
Table 87. Level 3 Communications Video on Demand Revenue and Gross Margin (2018-2020E)
Table 88. Level 3 Communications Latest Developments
Table 89. AT and T Details, Company Total Revenue (in $ million), Head Office, Video on Demand Major Market Areas and Its Competitors
Table 90. AT and T Video on Demand Product Offered
Table 91. AT and T Main Business
Table 92. AT and T Video on Demand Revenue and Gross Margin (2018-2020E)
Table 93. AT and T Latest Developments
List of Figures
Figure 1. Video on Demand Report Years Considered
Figure 2. Market Research Methodology
Figure 3. Global Video on Demand Market Size Growth Rate 2015-2025 ($ Millions)
Figure 4. Global Video on Demand Market Size Market Share by Type (2015-2020)
Figure 5. Global Transactional Video on Demand (TVOD) Market Size Growth Rate
Figure 6. Global Subscription Video on Demand (SVOD) Market Size Growth Rate
Figure 7. Global Near-Video on Demand (NVOD) Market Size Growth Rate
Figure 8. Global Others Market Size Growth Rate
Figure 9. Video on Demand in Entertainment
Figure 10. Global Video on Demand Market: Entertainment (2015-2020) ($ Millions)
Figure 11. Video on Demand in Education and Training
Figure 12. Global Video on Demand Market: Education and Training (2015-2020) ($ Millions)
Figure 13. Video on Demand in Network Video Kiosks
Figure 14. Global Video on Demand Market: Network Video Kiosks (2015-2020) ($ Millions)
Figure 15. Global Network Video Kiosks YoY Growth ($ Millions)
Figure 16. Video on Demand in Online Commerce
Figure 17. Global Video on Demand Market: Online Commerce (2015-2020) ($ Millions)
Figure 18. Global Online Commerce YoY Growth ($ Millions)
Figure 19. Video on Demand in Digital Libraries
Figure 20. Global Video on Demand Market: Digital Libraries (2015-2020) ($ Millions)
Figure 21. Global Digital Libraries YoY Growth ($ Millions)
Figure 22. Global Video on Demand Market Size Market Share by Application in 2019
Figure 23. Global Video on Demand Market Size Market Share by Regions 2015-2020
Figure 24. Americas Video on Demand Market Size 2015-2020 ($ Millions)
Figure 25. APAC Video on Demand Market Size 2015-2020 ($ Millions)
Figure 26. Europe Video on Demand Market Size 2015-2020 ($ Millions)
Figure 27. Middle East & Africa Video on Demand Market Size 2015-2020 ($ Millions)
Figure 28. Americas Video on Demand Market Size Market Share by Countries in 2019
Figure 29. Americas Video on Demand Market Size Market Share by Type in 2019
Figure 30. Americas Video on Demand Market Size Market Share by Application in 2019
Figure 31. United States Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 32. Canada Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 33. Mexico Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 34. APAC Video on Demand Market Size Market Share by Regions in 2019
Figure 35. APAC Video on Demand Market Size Market Share by Type in 2019
Figure 36. APAC Video on Demand Market Size Market Share by Application in 2019
Figure 37. China Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 38. Japan Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 39. Korea Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 40. Southeast Asia Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 41. India Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 42. Australia Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 43. Europe Video on Demand Market Size Market Share by Countries in 2019
Figure 44. Europe Video on Demand Market Size Market Share by Type in 2019
Figure 45. Europe Video on Demand Market Size Market Share by Application in 2019
Figure 46. Germany Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 47. France Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 48. UK Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 49. Italy Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 50. Russia Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 51. Spain Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 52. Middle East & Africa Video on Demand Market Size Market Share by Countries in 2019
Figure 53. Middle East & Africa Video on Demand Market Size Market Share by Type in 2019
Figure 54. Middle East & Africa Video on Demand Market Size Market Share by Application in 2019
Figure 55. Egypt Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 56. South Africa Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 57. Israel Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 58. Turkey Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 59. GCC Countries Video on Demand Market Size Growth 2015-2020 ($ Millions)
Figure 60. Global Video on Demand arket Size Forecast (2021-2025) ($ Millions)
Figure 61. Americas Video on Demand Market Size 2021-2025 ($ Millions)
Figure 62. APAC Video on Demand Market Size 2021-2025 ($ Millions)
Figure 63. Europe Video on Demand Market Size 2021-2025 ($ Millions)
Figure 64. Middle East & Africa Video on Demand Market Size 2021-2025 ($ Millions)
Figure 65. United States Video on Demand Market Size 2021-2025 ($ Millions)
Figure 66. Canada Video on Demand Market Size 2021-2025 ($ Millions)
Figure 67. Mexico Video on Demand Market Size 2021-2025 ($ Millions)
Figure 68. Brazil Video on Demand Market Size 2021-2025 ($ Millions)
Figure 69. China Video on Demand Market Size 2021-2025 ($ Millions)
Figure 70. Japan Video on Demand Market Size 2021-2025 ($ Millions)
Figure 71. Korea Video on Demand Market Size 2021-2025 ($ Millions)
Figure 72. Southeast Asia Video on Demand Market Size 2021-2025 ($ Millions)
Figure 73. India Video on Demand Market Size 2021-2025 ($ Millions)
Figure 74. Australia Video on Demand Market Size 2021-2025 ($ Millions)
Figure 75. Germany Video on Demand Market Size 2021-2025 ($ Millions)
Figure 76. France Video on Demand Market Size 2021-2025 ($ Millions)
Figure 77. UK Video on Demand Market Size 2021-2025 ($ Millions)
Figure 78. Italy Video on Demand Market Size 2021-2025 ($ Millions)
Figure 79. Russia Video on Demand Market Size 2021-2025 ($ Millions)
Figure 80. Spain Video on Demand Market Size 2021-2025 ($ Millions)
Figure 81. Egypt Video on Demand Market Size 2021-2025 ($ Millions)
Figure 82. South Africa Video on Demand Market Size 2021-2025 ($ Millions)
Figure 83. Israel Video on Demand Market Size 2021-2025 ($ Millions)
Figure 84. Turkey Video on Demand Market Size 2021-2025 ($ Millions)
Figure 85. GCC Countries Video on Demand Market Size 2021-2025 ($ Millions)
