Ott video market growth
Ott video market growth
Ott video market growth. 28% from Apr 21, 2023 · Video OTT market insights: The video OTT market was valued at INR 249. Connected devices powering growth of online video Dec 15, 2022 · We started publishing The Ormax OTT Audience (Sizing) Report from 2021. Oct 15, 2020 · Between March and July 2020, India’s OTT sector saw a 30 % rise in paid subscribers from 22. 78 billion in 2024 to USD 399. 05 billion by 2032, exhibiting a CAGR of 17. The OTT streaming market is expected to grow to Aug 2, 2024 · The global "OTT Video Market" achieved a valuation of USD 58 Billion in 2023 and is projected to reach USD 88. 21 Bn by FY 2027, expanding at a CAGR of ~16. 60 billion by the beginning of 2024. The report noted that the next wave of growth in the OTT landscape will come from tier II, III and IV cities and the Dec 13, 2023 · The AVOD/advertising revenue model accounted for ~45. India OTT Video Services Market was valued at USD 8. S. 90bn in 2024. Jan 30, 2024 · The drastic spike in viewership fueled the growth of the OTT services market amid the COVID-19 pandemic. 01% (2024-2029) resulting in a market volume of US$1,758. 55 billion in 2024 and grow at a CAGR of 10. US sub OTT CTV ad spend is also on the rise, with an expected increase of 31. The annual report is our endeavour to size the growing Indian OTT (digital video) market using primary research, than rely purely on secondary data, proxy variables (like Internet and smartphone penetration) and industry estimates. 48 billion. Shailesh Kapoor, Founder & CEO - Ormax Media, said: “India’s OTT audience universe is rapidly growing, and an accurate estimation of market size is a crucial strategic component in a growing category. The OTT Video market in Southeast Asia is projected to grow by 6. 61 billion, which was the industry’s value in 2019. 7% of all digital ad spend—and 10. , Apple Inc. Sep 6, 2024 · The Indian over-the-top (OTT) video market is expected to grow from INR 22. 08 billion in 2024 to USD 229. 73%, leading to a The global over the top (OTT) market size was valued at US$ 200 billion in 2022 and it is expected to hit around US$ 2057. The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 7. 90 billion in 2023 and is projected to grow from USD 70. 60bn in 2024. 5 Billion by the Year 2026 - Opportunities for VOD Services in Non-Entertainment Sectors to Fuel Future Growth Global Video Streaming Market Report Segmentation. The Over-The-Top (OTT) video streaming market is continuing its growth in North America and around the world. 19 billion in 2023 and is projected to grow from USD 113. 80m in 2024. 039 trillion by 2027. 7% from 2023 to 2030. So far, OTT has captured 7-9% of the entertainment industry’s share and revenue. The segment’s growth is primarily attributed to the provision of an optimal balance of value to both the customer and the company. 5 billion in 2021 on the back of access to better networks, digital connectivity and smartphones, according to a report by RBSA Advisors. Jan 25, 2024 · Dublin, Jan. 5 billion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 16. 0% during the forecast (2024-2032). The Over-The-Top (OTT) video segment market in India has experienced significant growth and transformation in recent years. 1. , Disney+ (The Walt Disney Company), Roku Inc. Over-the-top service refers to movies and TV shows that are delivered directly to digital users without the requirement of cable or Aug 26, 2024 · The global video on demand market size was valued at USD 97. 40bn in 2029. 2 Sep 5, 2024 · In a few years from now, the OTT market can be worth double what it is today. Jun 19, 2024 · OTT TV and video revenue worldwide 2029, by source. 2%. 8%. 26%, leading to a Jul 18, 2024 · How big is the OTT advertising market? EMARKETER expects US sub OTT video ad spend to reach $11. The growth of the OTT video market in India can be attributed to the increasing penetration of smartphones and high-speed broadband services, coupled with the evolving content preferences of viewers. Revenue in the OTT Video market market in Vietnam is forecasted to reach US$545. The market has experienced massive growth over the past Mar 22, 2020 · There are currently 35+ video OTT players in India, catering to a subscriber-based userbase of 53. The OTT Video market worldwide is projected to grow by 6. Netflix Inc. tv The global OTT market size is projected to grow from USD 53. Revenue in the OTT Video market market in Malaysia is forecasted to reach US$394. 5%. 6% during the forecast period. Platforms compete for subscribers by curating diverse content libraries, investing in original productions, and offering personalized recommendations based on user preferences. Jun 21, 2022 · OTT streaming video companies had another big year of growth in 2021, according to PwC'. 2 billion in 2023 and is anticipated to grow with a CAGR of 17. Check out the 115 pages, tables, figures, and charts in the detailed TOC Apr 9, 2022 · The growth of video streaming in Asia-Pacific was in the spotlight at the 2022 OTT Summit, hosted virtually by the Asia Video Industry Association. 5 billion in 2022 and is projected to reach $434. An online source revealed, ‘’ OTT industry is expected to be worth $1. Dec 1, 2021 · Global OTT Devices and Services Market Report 2021: Market to Reach $217. 39 billion by 2030, exhibiting a CAGR of 16. 00m in 2029. 5% over the forecast period. India will be the world’s fastest-growing OTT video-streaming market over the forecast period, serving its vast, diverse and widely dispersed population—many of whom are obsessed with sports content in general, and cricket in particular: Reliance’s JioCinema app attracted a record 32 million viewers for the 2023 Indian Premier League (IPL Global OTT TV and Video Forecasts Market - 2023-2030 Global OTT TV and Video Forecasts Market reached US$ 154. The Research offers thorough information on the most recent market trends, rising Nov 8, 2022 · A lot has happened since we published our article on OTT Video Streaming Trends to Watch in 2022. 44% (2024-2029) resulting in a market volume of US$6. ’’ 2. 1 Mn (as of November 2019). In 2019 only, 11+ local and international players have marked their The OTT Video market worldwide is projected to grow by 6. Our analysis shows that the market exhibited a significant growth of 13. 67 Bn by 2025, at a CAGR of 33. Over The Top (OTT) Market in terms of revenue was estimated to be worth $202. Sep 10, 2024 · The anticipated overall revenue from OTT platforms worldwide is expected to reach $295. 62 Bn in 2020 to INR 93. Top video streaming providers in the OTT industry, especially in the SVOD (Subscription Video On Demand) market segment, are continuing […] Mexico OTT TV & Video Market Analysis The Mexican OTT TV and video market is expected to grow at a CAGR of 4. Mar 8, 2024 · [132 Pages Report] "Ott Video Market" Market Size, Share & Industry Trends Analysis Report By Applications (TV, PC, Smart Phone),Types (Video Show, TV Show, Movie Show), By Regional Outlook and Oct 20, 2021 · Indian OTT market expects to reach Rs 237. 03 billion in 2023 to USD 155. 97 billion by 2032, exhibiting a CAGR of 16. 6% in the global OTT devices and services market. com Inc. Oct 14, 2022 · Ott Video industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. 09 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20. 30% from 2023 to 2032. While the OTT market may appear saturated with 40 operators, it is also clear that there is a huge market for original and language-appropriate entertainment. The EMEA market region holds the majority of future growth potential for the OTT video streaming market. 25 billion in 2024 to USD 2,660. 25, 2024 (GLOBE NEWSWIRE) -- The "United States Ott Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)" report United States OTT Market Poised for Robust Growth Jul 18, 2021 · India's video OTT market is expected to touch USD 12. While Oct 4, 2023 · "Ott Video Market" is expected to witness significant growth in the coming years, primarily driven by the growing demand for (TV, PC, Smart Phone), Based on the type, the market can be segmented May 10, 2022 · Analyst reports indicate that SVOD subscriptions in SSA will grow to more than 13 million by 2027, with Netflix capturing most of that market growth while other brands compete for their fair share. 74 billion by 2029. According to a recent report, the global market size of OTT services was $38. 04bn in 2029. Revenue in the OTT Video market market in South Korea is forecasted to reach US$4. 40 billion, with an estimated surge to over $476 billion by 2027. Growth of audio-visual sector and services. 2 million to 29 million, states RedSeer Consulting in its India OTT Video Market report. The US OTT Market is expected to reach USD 56. 60%, leading to a Jan 23, 2024 · "Ott Video Market" is Expanding Quickly and Grabbing the interest of worldwide Investors and Top Players. The global Over The Top (OTT) market is witnessing substantial growth, fueled by the rising adoption of smart devices and the widespread availability of high-speed internet that enhances streaming capabilities. 77 billion in 2020. 63bn in 2024. 61 billion in 2024 and grow at a CAGR of 12. 34 billion in 2021 and is projected to USD 189. But the sector's complexity and competition may give traditional cable providers a chance to recapture Apr 18, 2024 · Short Summery About Ott Video Market:Number of Tables and Figures : 123 The Ott Video market has witnessed growth from USD Million to USD Million from 2017 to 2022. 07% share. The global online video platform market size was valued at USD 8. Spark in growth due to COVID-19 Jul 9, 2024 · 2024 New Research on Ott Video Market by Type - [Video Show, TV Show, Movie Show], By Application - [TV, PC, Smart Phone]. , HBO MAX (AT&T INC. The market is projected to grow from USD 674. Mexico has been witnessing a rapid development of convergence services of the internet and mobile devices, owing to the development of IT and media technologies and the spike in M&A activity over the past decade. 30m in 2024. 4% through 2029. The revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 5. The revenue is anticipated to display an annual growth rate Apr 7, 2023 · The global OTT streaming market will grow from $149. 14 billion and account for 3. 88 billion by 2032, exhibiting a CAGR of 18. With the CAGR, this market is Oct 14, 2022 · Ott Video industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. Dec 14, 2023 · Chapter 6: Video OTT Market - Segmentation 6 6. May 23, 2024 · In 2023, the OTT video market’s growth trajectory is nothing short of impressive. 03 billion by 2027, growing at a CAGR of 29. 47 billion by 2033, exhibiting a CAGR of 16. com. Revenue in the OTT Video market market in India is forecasted to reach US$4. 99 billion in 2023 at a compound annual growth rate (CAGR) of 15. 7% during the forecast period. See full list on uscreen. 9% in 2020 compared to the average year-on-year growth during 2017-2019. An online video platform is a fee-based software that allows content owners and publishers to transcode, manage, store . Revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 6. This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. 22 billion) by FY25- IBEF; Quotes on OTT platforms growth in India. 5 billion by 2030 from about USD 1. 30% of the revenue of video OTT players in FY 2023 and is expected to witness growth in FY 2028 to occupy a 46. Revenue share of video OTT platforms - based on revenue models India audio OTT market size and growth forecast (FY 2021 - FY 2028e) 7. 21bn in 2024. 66% to reach USD 191. 43%, leading to a Nov 8, 2022 · The growth of OTT in India will enhance the growth of the Indian entertainment industry as competition for content increases. 9% during the forecast period 2023-2030. Amazon. Although streaming has been at the forefront of significant changes within the Asia-Pacific video industry in recent years, most executives maintained cautious optimism with regards to growth The Video-on-Demand Market is expected to reach USD 115. 06bn in 2024. 50% during the forecast period 2030. 56% to reach USD 102. Growth in the market is expected to be driven by growing internet penetration, rising trend Key Market Insights: The global over the top (OTT) services market size was valued at USD 48. 61 billion in 2019, and is projected to reach $1,039. 4% from 2020 to 2027. (Amazon Prime Video), Netflix Inc. The revenue is anticipated to display an annual growth rate (CAGR 2024-2029) of 5. Revenue in the OTT Video market market in France is forecasted to reach US$5. 36%, leading to a Over-the-Top/OTT Market Size, Share, Growth Analysis, By Device Type(Smartphones & Tablets, Desktops & Laptops, and IPTV & Consoles), By Content Type(Video, Audio/VoIP, Games, and Communication), By Revenue Model(Subscription, Advertisement, Transaction), By End-User(Media & Entertainment, Education & Learning, Autonomous driving, Gaming), By Video Streaming: Video streaming services dominate the OTT market in Indonesia, offering a wide range of movies, TV shows, documentaries, and original series. The Massive Potential of the EMEA Market. Several macroeconomic factors are supporting the growth of the Revenue in the OTT Video market market in Europe is forecasted to reach US$52. Jul 25, 2023 · Video M&E market share India 2016-2025, by segment; Monthly time spent on selected video OTT platforms India 2022; Other statistics that may interest you Pay TV in India. dollars) Revenue in the OTT Video market market in the United States is forecasted to reach US$132. Key Statistics Feb 10, 2022 · India OTT video services market is predicted to report double-digit growth at a CAGR of more than 30%. Inc) are the major companies operating in this market. 0% during the forecast period (2024-2032). 58% during the FY 2023 - FY Oct 14, 2022 · Ott Video industry, providing statistical information about market dynamics, growth factors, major challenges, PEST analysis and market entry strategy Analysis, opportunities and forecasts. Oct 31, 2022 · Now, the popularity of OTT platforms is wreaking havoc on multiplexes. These high numbers result from most brands preferring to advertise on OTT platforms. 30% (2024-2029) resulting in a market volume of US$429. ) and Amazon Prime Video (Amazon. Specifically, the OTT Video Advertising market segment is poised to hit $176. Aug 26, 2024 · The global video streaming market size was valued at USD 555. Nov 28, 2023 · Over-the-top (OTT) TV and video revenue is expected to reach 215 billion U. 09 Bn in FY 2022 and is expected to reach INR 581. Aug 26, 2024 · The global over the top (OTT) services market size was valued at USD 59. 1% in 2024 to reach $9. The global market for OTT segmented by type, Streaming Device, Services, Vertical and Region. Dec 16, 2023 · The OTT Video Advertising market segment is expected to have a market volume of $176. dollars by 2029, more than double the figure reported in 2019. 84 Billion by 2031, demonstrating a compound annual growth rate (CAGR) of 6. According to a report published by Media Partners Asia (MPA), the Indian OTT streaming video market is currently in its second growth phase with total revenues of $3 billion in 2022. 72% leading up to 2027. This, in turn, is anticipated to drive the segment growth. 2 billion in 2022 and is expected to reach US$ 231. 93% [188 Pages Report] Over the top Market size, share, trends and forecasts. 1 billion by 2030, growing with a CAGR of 7. Over-the-top (OTT) TV and video revenue worldwide in 2029, by source and region (in billion U. 47 billion by 2032, registering at a CAGR of 26. With projections estimating global revenue in the OTT video market to hit US$316 billion by this year end, the industry’s expansion reflects a compound annual growth rate (CAGR) of 7. 3% of total video ad spend—by the end of 2024. In 2022, the subscription video-on-demand (SVOD) segment accounted for the largest market share of 57. This is a significant increase from $121. 34 billion in 2022 to $171. , Zee Entertainment Enterprises Ltd (Zee5) and Hulu LLC are the major companies operating in this market. 28 billion by 2029. 20%, leading to a Jul 20, 2017 · European Commission’s Digital Single Market (DSM) strategy, which strives to create a favorable environment for digital trade by means of infrastructure initiatives (Ex: Launch of 5G) and regulatory changes (Ex: Removal of Geo-blocking), is set to boost the growth of OTT video market. Market Overview. Online Video Platform Market Size & Trends. 86 billion (US$3. Several prominent companies within the global over the top (OTT) services industry are Netflix, Amazon Prime Video, Hulu The global OTT market size was valued at $121. 89 billion in 2023. vecq udd lusndinc pev yeo ioww uczhaqc bacs fey ypmbrpp