Global OTT TV and Video Forecasts to 2023 - Online TV Episode and Movie Revenues will Reach $129 Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Global OTT TV and Video Forecasts” report has been added to ResearchAndMarkets.com’s offering.
Global online TV episode and movie revenues will reach $129 billion in 2023; more than double the $53 billion recorded in 2017. About $16 billion will be added in 2018 alone. From the 138 countries covered in the Global OTT TV & Video Forecasts report, the top five will command 69% of the global revenues by 2023. This proportion is down from 73% in 2017; revealing that the rest of the world will grow at a faster rate. OTT revenues will exceed $1 billion in 17 countries by 2023; up from 10 countries in 2017. There are no prizes for guessing that the US will remain the dominant territory by some distance. However, its share of global revenues will fall from 43% in 2017 to 37% by 2023. We forecast that revenues in the US will more than double between 2017 and 2023 - adding nearly $25 billion to reach $48 billion. China will also add a staggering sum over the same period - $17 billion to nearly triple its revenues to $26 billion. China’s share of the world’s total will climb from 16% in 2017 to 20% in 2023.
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Published in September 2018, this 288-page PDF and excel report contains comprehensive coverage of the global OTT TV episode & movie sector (subscribers/homes, transactions and revenues. SVOD, Ad-supported/AVOD, TVOD rental and download-to-own/electronic sell-through) for 138 countries, including:A 76-page PDF giving a global Executive Summary, comparison tables and rankings. NEW FOR 2018: Insight profiles for the top 10 countries (Brazil, Canada, China, Germany, India, Japan, Mexico, South Korea, UK and USA) An excel workbook providing forecasts (2010-2023) for each of the 138 countries covered, comparison and ranking tables. For more information about this report visit https://www.researchandmarkets.com/research/ql2fb9/global_ott_tv_and?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005414/en/
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Related Topics:Televisions and Television Services ,Video on Demand
INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO
SOURCE: Research and Markets
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PUB: 09/24/2018 06:40 AM/DISC: 09/24/2018 06:40 AM