OTT revenues to grow by $89 billion Global revenues from OTT TV episode and movies will reach $224 billion in …
OTT revenues to grow by $89 billion
Global revenues from OTT TV episode and movies will reach $224 billion in 2027; up from $135 billion on 2021. About $21 billion will be added in 2022 alone.
Global OTT TV and Video revenues by source
SVOD revenues will climb by $48 billion between 2021 and 2027 to total $136 billion. AVOD revenues will increase by $37 billion between 2021 and 2027 to reach $70 billion.
From the 138 countries covered, the top five will command 65% of global OTT revenues by 2027. OTT revenues will exceed $1 billion in 25 countries by 2027; up from 17 countries in 2021.
Simon Murray, Principal Analyst at Digital TV Research, said: “The US will command 45% of global revenues by 2027. We forecast that US revenues will climb by $45 billion between 2021 and 2027 to reach $106 billion.”
Have you read our latest whitepaper, “Is it still possible to own the set-top box experience?” We look at all aspects of the software ecosystem, the options available to operators, and the challenges facing global OTT players in their ability to scale their testing and certification regimes. You can read the entire whitepaper here.
Source: Digital TV News
