Video on demand (VOD) is a technology that allows companies to send video content such as TV shows and movies to individual customers for immediate watching, regardless of broadcast schedules. Free and paid programming via telephone, cable, and satellite TV, as well as streaming services on the internet, are all examples of video on demand.
Analysis of the COVID-19 scenario:
The outbreak of the COVID-19 pandemic has wreaked havoc on practically every industry in the world. Furthermore, the supply chain for electronic components and networking equipment has been interrupted as a result of lockdown enforcements and limits on the flow of non-essential commodities and resources in several nations. As a result, there has been a delay in the delivery of electronic components used in equipment manufacturing. The growth of the US and worldwide IT markets is predicted to decrease to about 2% in 2020, reducing ICT spending in key economies.