Ott video market growth

Ott video market growth. 90 billion in 2023 and is projected to grow from USD 70. 40bn in 2029. Check how emerging trends are changing dynamics of OTT Video industry growth. 63bn in 2024. Oct 20, 2021 · Indian OTT market expects to reach Rs 237. 1 Mn (as of November 2019). 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. dollars, with the United States accounting for the largest share of revenue worldwide. Several macroeconomic factors are supporting the growth of the Apr 1, 2024 · The Indian over-the-top (OTT) video market is expected to grow from INR 22. The OTT streaming market is expected to grow to Apr 13, 2021 · New York, USA, April 13, 2021 (GLOBE NEWSWIRE) -- The global over-the-top (OTT) market registered a revenue of nearly $110. 25 billion in 2024 to USD 2,660. Dec 1, 2021 · Global OTT Devices and Services Market Report 2021: Market to Reach $217. Netflix Inc. 20m in 2024. 74 billion by 2029. are the major companies operating in this market. Aug 2, 2024 · The global "OTT Video Market" achieved a valuation of USD 58 Billion in 2023 and is projected to reach USD 88. 2%. The increasing popularity of drama series and video games on gaming platforms is also significantly increasing the growth of the over-the-top (OTT) market. The results of the panel data analysis suggest that Netflix’s market entry, traditional pay TV market size, broadband infrastructure, and OTT platform competition contribute to the early market growth of paid OTT video streaming services, such as subscription video-on OTT (OVER THE TOP) MARKET: OVERVIEW . The global online video platform market size was valued at USD 8. 1 Billion by 2032, exhibiting a growth rate (CAGR) of 21. Jan 23, 2024 · "Ott Video Market" is Expanding Quickly and Grabbing the interest of worldwide Investors and Top Players. In particular, the TV market is undergoing transformation and the over-the-top (OTT) video market is dynamic and developing as new technologies emerge. Dec 16, 2023 · The OTT Video Advertising market segment is expected to have a market volume of $176. Revenue in the OTT Video market market in Germany is forecasted to reach US$8. ’’ 2. 3bn in 2023 to US$100. 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. Aug 19, 2024 · The global video streaming market size was valued at USD 555. 60%, leading to a Revenue in the OTT Video market market in India is forecasted to reach US$4. 60%, leading to a The revenue in Thailand's OTT Video market market is forecasted to reach US$816. 73%, leading to a The US OTT Market is expected to reach USD 56. 36%, leading to a Apr 11, 2023 · Market valuation and growth projection to 2030. 07% share. 039 trillion by 2027. 28% from Nov 8, 2022 · A lot has happened since we published our article on OTT Video Streaming Trends to Watch in 2022. Netflix, Inc. The revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 6. Furthermore, the OTT video segment’s average revenue per user (ARPU) is estimated to reach US$8. 89bn in 2024. 81 in 2023. 30% (2024-2029) resulting in a market volume of US$429. The revenue is anticipated to demonstrate an annual growth rate Global Video Streaming Market Report Segmentation. Revenue in the OTT Video market market in France is forecasted to reach US$5. 61 billion, which was the industry’s value in 2019. The Over the Top (OTT) Market was Oct 11, 2023 · It incorporates the market's CAGR status, which provides significant insights into its long-term growth. 0% during the forecast (2024-2032). The OTT Video market worldwide is projected to grow by 6. Video Streaming Market Size and Growth 2024 to 2034. As of 2022, the global OTT Video market was estimated at USD million, and . 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 Saudi Arabia’s vibrant and rapidly growing entertainment and media industry is making an important contribution to the country’s culture and its economic diversification. May 23, 2024 · In 2023, the OTT video market’s growth trajectory is nothing short of impressive. 30% of the revenue of video OTT players in FY 2023 and is expected to witness growth in FY 2028 to occupy a 46. These high numbers result from most brands preferring to advertise on OTT platforms. The revenue is anticipated to display an annual growth rate The global OTT market size was valued at $121. The changing lifestyle of the middle-income population, increasing awareness, adoption of new technology, and growing internet penetration are some of the key factors likely to bolster Jan 25, 2024 · Dublin, Jan. 78 billion in 2024 to USD 399. 61 billion by 2034, at a CAGR of 21% from 2024 to 2034. 7 Billion in 2023. 5% over the next seven years. 21bn in 2024. 99 billion in 2023 at a compound annual growth rate (CAGR) of 15. 60 billion by the beginning of 2024. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 15% to reach USD 439. 89 billion in 2023. 97 billion by 2032, exhibiting a CAGR of 16. 7% CAGR over the forecast period, from US$69. 88 billion by 2032, exhibiting a CAGR of 18. 40 billion, with an estimated surge to over $476 billion by 2027. 60bn in 2024. 86bn in 2024. The research report entails detailed outlook, market stats, growth scenario, & Forecasting to guide you in business decision making. According to a recent report, the global market size of OTT services was $38. Over The Top (Ott) Market size is estimated to grow by USD 630. 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 Global Over the Top (OTT) Market Outlook. dollars by 2029, more than double the figure reported in 2019. 80% between 2023 and 2030. Nov 9, 2023 · The 2024 OTT Video Market Insights report is an extensive and all-encompassing document that delivers a thorough analysis of market size, shares, revenues, segmentations, drivers, trends, growth Revenue in the OTT Video market market in the United Kingdom is forecasted to reach US$15. In 2022, the subscription video-on-demand (SVOD) segment accounted for the largest market share of 57. Feb 14, 2023 · The last few years have seen availability of high-speed internet access and more affordable subscription prices fuel a 20% growth in India’s OTT market. , Zee Entertainment Enterprises Ltd (Zee5) and Hulu LLC are the major companies operating in this market. 56% to reach USD 102. The Global Ott Video explores comprehensive study on various May 10, 2024 · Navigating the Future of OTT Video Market: 2024-2032 “The global OTT Video market looks promising in the next 5 years. Jun 21, 2022 · OTT streaming video companies had another big year of growth in 2021, according to PwC'. But the sector's complexity and competition may give traditional cable providers a chance to recapture 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 The Video-on-Demand market in Malaysia is projected to reach a revenue of US$259. 4% CAGR. com Inc. In 2019 only, 11+ local and international players have marked their Nov 28, 2023 · Over-the-top (OTT) TV and video revenue is expected to reach 215 billion U. The growth of Free Ad-Supported Streaming (FAST) services is notable, with revenues predicted to triple by 2028, reaching $18 billion. 04bn in 2029. 7% during the forecast period. 93% Revenue in the OTT Video market market in Malaysia is forecasted to reach US$394. US sub OTT CTV ad spend is also on the rise, with an expected increase of 31. Mar 15, 2023 · AMA introduce new research on Global Ott Video covering micro level of analysis by competitors and key business segments (2022-2028). 34 Billion in 2021 and is estimated to reach up to USD 189. 34 billion in 2022 to $171. Specifically, the OTT Video Advertising market segment is poised to hit $176. S. Know latest picture of OTT Video Market with HTF MI latest version. 5 billion in 2021 on the back of access to better networks, digital connectivity and smartphones, according to a report by RBSA Advisors. tv Aug 9, 2024 · The anticipated overall revenue from OTT platforms worldwide is expected to reach $295. 22 billion) by FY25- IBEF; Quotes on OTT platforms growth in India. Market Overview: The India over the top (OTT) market size reached US$ 3. With internet connectivity, OTT platforms enable users to access content May 23, 2024 · In 2023, the OTT video market’s growth trajectory is nothing short of impressive. (Amazon Prime Video), Netflix Inc. The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 4. 93% during 2024-2032. 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. 2 million in 2023 and is expected to reach USD 1316920. In 2023, the over-the-top (OTT) video revenue reached an estimated 288 billion U. 70m in 2024. 5bn in 2028, ahead of the world average at a 7. 5 million in 2022 and is expected to reach USD 700206. 7% from 2023 to 2030. Platforms compete for subscribers by curating diverse content libraries, investing in original productions, and offering personalized recommendations based on user preferences. , Apple Inc. 61 billion in 2024 and grow at a CAGR of 12. 5 billion by 2030 from about USD 1. Subscription VOD will be the prime driver of The world’s biggest market and the nexus of the global streaming revolution will see total OTT video revenue increase at a healthy 7. com. com's offering. 7% of all digital ad spend—and 10. Revenue in the OTT Video market market in South Korea is forecasted to reach US$4. Aug 19, 2024 · The global over the top (OTT) services market size was valued at USD 59. 90bn in 2024. Growth in the market is expected to be driven by growing internet penetration, rising trend Nov 21, 2023 · Market Insights. May 19, 2021 · This study examines the factors influencing early paid Over-The-Top (OTT) video streaming market growth in 50 countries. 44% (2024-2029) resulting in a market volume of US$6. 58% during the FY 2023 - FY Dec 13, 2023 · The AVOD/advertising revenue model accounted for ~45. 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. The results of the panel data analysis suggest that Netflix’s market The Over The Top (OTT) Market is expected to reach USD 0. 72 billion in 2023. 72% leading up to 2027. 50% from 2022 to 2030. 1% in 2024 to reach $9. 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 Jan 25, 2024 · Dublin, Jan. The Asia Pacific Video Streaming Market is expected to grow at a compound rate of 22. 19% to reach USD 1. It is expected to show an annual growth rate (CAGR 2024-2027) of 9. 7 million in 2032, growing at a CAGR of 27. 5 billion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 16. 28 billion by 2029. An increase in broadband penetration is the main factor driving the growth of the over the top (OTT) services. 10% between 2024 and 2032. See full list on uscreen. 97%, leading to a The Video-on-Demand Market is expected to reach USD 115. 31%, leading to a A significant surge in viewership across OTT platforms, such as Amazon Prime Video, Hulu, Disney+ Hotstar, and Netflix, is further contributing to segment’s growth. Based on Statista’s data, the OTT video user penetration rate in India is predicted to rise from 30 percent to 36 percent between 2023 and 2027. The Global OTT (Over the Top) Market Size is expected to be worth USD 48. ) and Amazon Prime Video (Amazon. 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. While Jul 18, 2021 · India's video OTT market is expected to touch USD 12. Over-the-top service refers to movies and TV shows that are delivered directly to digital users without the requirement of cable or Revenue in the OTT Video market market in Vietnam is forecasted to reach US$545. 06bn in 2024. 77 billion in 2020. 9% in 2020 compared to the average year-on-year growth during 2017-2019. Over The Top (OTT) Market in terms of revenue was estimated to be worth $202. 1 billion in 2018 and is anticipated to grow at a 19. The global market for OTT segmented by type, Streaming Device, Services, Vertical and Region. 83%, leading to a Market Dynamics Global OTT Market Drivers Growing Demand in Emerging Economies to Boost Market Progress. 67 Bn by 2025, at a CAGR of 33. 05 billion by 2032, exhibiting a CAGR of 17. Over the Top Market Trends The higher popularity of subscription video-on-demand services, including Netflix, Hulu, and Amazon Prime, among others, in providing customers with unlimited access to a wide choice of programs 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. 30% from 2023 to 2032. 58 trillion in 2024 and grow at a CAGR of 28. 09 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20. The Research offers thorough information on the most recent market trends, rising Such policies and rules may impact the convenience of consumers for using OTT services, further impacting the market growth. Mar 22, 2020 · There are currently 35+ video OTT players in India, catering to a subscriber-based userbase of 53. 01% (2024-2029) resulting in a market volume of US$1,758. 48 billion. 19 billion in 2023 and is projected to grow from USD 113. 26%, leading to a Oct 31, 2022 · Now, the popularity of OTT platforms is wreaking havoc on multiplexes. Revenue in the OTT Video market market in the United States is forecasted to reach US$132. 61 billion in 2019, and is projected to reach $1,039. Today, there are over 42 crore viewers 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. 99 trillion by 2029. 49 billion by 2032. The global demand for OTT services was valued at USD 202154. The OTT Video market research report [116 Pages] is a great resource for businesses, Feb 23, 2022 · India’s over-the-top (OTT) video streaming market may record a compounded annual growth rate (CAGR) of more than 20% to touch $13 billion–$15 billion over the next decade, riding on original The TV & Video market worldwide is projected to grow by 2. 20%, leading to a The OTT Video market in Southeast Asia is projected to grow by 6. Key Statistics The market size of the OTT video streaming market in India is expected to grow significantly, with India projected to become one of the top global OTT markets. 4% from 2020 to 2027. 80m in 2024. This is a significant increase from $121. 8%. Growing preference for cloud streaming services will be a key driver fueling the over the top (ott) growth during the forecast period. The OTT Video market worldwide is projected to grow by 8. Top video streaming providers in the OTT industry, especially in the SVOD (Subscription Video On Demand) market segment, are continuing […] Mar 16, 2024 · The global demand for Over-the-Top (OTT) was valued at USD 152142. Revenue in the OTT Video market market in China is forecasted to reach US$76. 11bn in 2024. 5 Billion by the Year 2026 - Opportunities for VOD Services in Non-Entertainment Sectors to Fuel Future Growth Aug 1, 2024 · In a few years from now, the OTT market can be worth double what it is today. The revenue is anticipated to display an annual growth rate (CAGR 2024-2029) of 5. 62 Bn in 2020 to INR 93. The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 7. , HBO MAX (AT&T INC. 60 billion in 2023. The segment’s growth is primarily attributed to the provision of an optimal balance of value to both the customer and the company. 47 Billion by 2030, at a compound annual growth rate (CAGR) of 16. The market has experienced massive growth over the past Dec 15, 2022 · We started publishing The Ormax OTT Audience (Sizing) Report from 2021. Inc) are the major companies operating in this market. Jan 30, 2024 · The drastic spike in viewership fueled the growth of the OTT services market amid the COVID-19 pandemic. 43%, 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. 09 Bn in FY 2022 and is expected to reach INR 581. 90% (2024-2029) resulting in a market volume of US$807. 86 billion (US$3. 4 percentage points. Apr 7, 2023 · The global OTT streaming market will grow from $149. Apr 21, 2023 · Video OTT market insights: The video OTT market was valued at INR 249. Nov 19, 2020 · The United States OTT Market is expected to register a CAGR of approximately 11. OTT Video delivers content over the internet, offering on-demand The growth in the adoption of smart devices and greater access to higher internet speeds are key factors driving the growth of the Over-the-Top (OTT) market. 03 billion by 2027, growing at a CAGR of 29. video streaming market size was valued at USD 23. In developing regions, demand for over-the-top (OTT) services is sluggish due to low broadband penetration caused by insufficient coverage and investment, as well as the presence of a large population with low incomes, which has a negative influence on subscription-based OTT services. Video Streaming: Video streaming services dominate the OTT market in Indonesia, offering a wide range of movies, TV shows, documentaries, and original series. Amazon. 1% CAGR, surpassing Nov 30, 2020 · DUBLIN--(BUSINESS WIRE)--The "Over the Top (OTT) Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets. 5 billion from 2024 to 2028 at a CAGR of 28% with the video having largest market share. 66% to reach USD 191. The global over the top (OTT) market size was valued at US$ 200 billion in 2022 and it is expected to hit around US$ 2057. Revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 6. 0% during the forecast period (2024-2032). 30m in 2024. 25% in terms of subscribers over the forecast period. The report noted that the next wave of growth in the OTT landscape will come from tier II, III and IV cities and the 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. 33%, resulting in a projected Feb 10, 2022 · India OTT video services market is predicted to report double-digit growth at a CAGR of more than 30%. The word “OTT” stands for “Over-the-Top,” and the delivery of audio, video, and other media content over the internet in place of conventional cable or satellite television services is referred to as the “OTT market” in the media and entertainment sector. Key Statistics Aug 12, 2024 · The global video on demand market size was valued at USD 97. The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 5. 47 billion by 2032, registering at a CAGR of 26. 22% in terms of revenue and approximately 2. 08 billion in 2024 to USD 229. 5 billion in 2022 and is projected to reach $434. The revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 5. 55 billion in 2024 and grow at a CAGR of 10. Our analysis shows that the market exhibited a significant growth of 13. Revenue in the OTT Video market market in Europe is forecasted to reach US$52. Looking forward, IMARC Group expects the market to reach US$ 22. 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. The global over the top (OTT) market attained a value of USD 124. An online video platform is a fee-based software that allows content owners and publishers to transcode, manage, store Oct 15, 2020 · Between March and July 2020, India’s OTT sector saw a 30 % rise in paid subscribers from 22. 54%, leading to a Oct 22, 2020 · OTT video growth is coming from both inside and outside the home as internet-connected devices proliferate, notably new smartphones and connected TVs. , Amazon. 00bn in 2029. 6% in the global OTT devices and services market. 84% Sep 24, 2020 · The Indian OTT Video Services Market is projected to grow at an aggressive CAGR of more than 30% during 2021 - 2025 due to the growing number of smartphones users, higher proliferation of smart Feb 20, 2024 · OTT advertising is becoming a major revenue stream within the industry, with video advertising expected to hit $176. Globally, audiovisual content has become a respected cultural Aug 22, 2024 · The global penetration rate in the 'OTT Video' segment of the media market was forecast to continuously increase between 2024 and 2029 by in total 10. 5%. 00m in 2029. 28% (2024-2029) resulting in a market volume of US$1,630. 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 worldwide is projected to grow by 6. Cable STBs segment is expected to capture a share of more than 23% in terms of volume by 2030 owing to increased adoption across emerging economies across Asia Pacific. Spark in growth due to COVID-19 Jan 16, 2024 · Meanwhile, Amazon Prime Video is focused on the Indian market with a huge selection of films in Hindi (respondents to 3Vision’s 2023 TV Industry Trends & Predictions Report ranked the Indian market #1 for future growth prospects). The increasing penetration of smartphones, tablets, smart TVs, and other connected devices has provided users with more avenues to access OTT services. (Prime Video), The Walt Disney Company (Hulu), Tencent Holdings Ltd and Roku Inc. So far, OTT has captured 7-9% of the entertainment industry’s share and revenue. 21 Bn by FY 2027, expanding at a CAGR of ~16. The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 3. The Over-The-Top (OTT) video streaming market is continuing its growth in North America and around the world. 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. The market is projected to grow from USD 674. , Disney+ (The Walt Disney Company), Roku Inc. 2 million to 29 million, states RedSeer Consulting in its India OTT Video Market report. Connected devices powering growth of online video This, in turn, is anticipated to drive the segment growth. Revenue in the OTT Video market market in Japan is forecasted to reach US$9. 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. 52 million in 2030, growing at a CAGR of 16. Jul 18, 2024 · How big is the OTT advertising market? EMARKETER expects US sub OTT video ad spend to reach $11. The U. With the CAGR, this market is May 2, 2024 · " Navigating the digital landscape of OTT Video markets requires a forward-thinking perspective, especially when considering market trends spanning from 2024 to 2031" The global OTT Video market May 7, 2017 · MENA OTT video market set for major growth Market could grow to 265 million viewers by 2020, according to Frost & Sullivan by Digital Studio Middle East Staff May 07, 2017 05:39 AM GST August 13, 2021 10:23 PM GST U. 3% of total video ad spend—by the end of 2024. 93 billion in 2023 and is expected to be worth around USD 195. 84 Billion by 2031, demonstrating a compound annual growth rate (CAGR) of 6. 25, 2024 (GLOBE NEWSWIRE) -- The "United States Ott Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)" report January 25, 2024 07:19 ET | Source: Research and Online Video Platform Market Size & Trends. 14 billion and account for 3. An online source revealed, ‘’ OTT industry is expected to be worth $1. By this point, the US will account for nearly half of global OTT revenue. fhlsri nlupxb lfw rgqz npt zijbe kfmju chx ernzary kmtpg