Ott market share 2023. 5%. 1%. Ranked second was Canada at over 117%. It has around 61. The regions covered in the ott streaming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. , Disney+ (The Walt Disney Company), Roku Inc. dollars) [Graph]. 01% (2024-2029) resulting in a market volume of US$1,758. The OTT Video market worldwide is projected to grow by 5. US OTT share report includes a market forecast to 2029 and historical overview. 8%. Reasons Behind Strong Growth of OTT Platforms The rapid adoption and evolution of internet infrastructure have contributed to the enormous popularity of OTT in India. High OTT service usage in Canada at 89. (OTT) Revenue Market Share Competition: As new players enter the market and existing players expand their services, competition in the OTT space is anticipated to heat up in 2023. 08 billion in 2024 to USD 229. 3bn in 2023 to US$100. Global OTT Streaming Market, Segmentation By User Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion. The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of Jun 19, 2024 · In 2023, the over-the-top (OTT) video revenue reached an estimated 288 billion U. Dec 13, 2023 · Dublin, Dec. 1% in 2021 to 10. Current market scenario Chapter 6: Video OTT Market - Segmentation 6 6. This includes the entry of tech behemoths like Amazon and Apple, which are anticipated to shake up the industry with their deep pockets and vast resources. W. dollars, with the United States accounting for the largest share of revenue worldwide. 1 Global OTT Revenue and Share by Players (2021,2021,2023, and 2024) 3. According to research conducted by Frost & Sullivan, the Indian OTT video market generated revenues worth INR 22. 2027 The Over The Top Market size is estimated at USD 0. 1 Billion by 2032, exhibiting a growth rate (CAGR) of 21. 5 Company Recent Developments and Future Plans 3 Market Competition, by Players Nov 20, 2018 · MUMBAI: Access to affordable data, mobile penetration into rural markets, rising affluence and adoption across demographic segments including women and older generations are some of the key drivers that will help the Indian over-the-top (OTT) industry to unlock its potential and reach a size of $5 billion by 2023. 4% CAGR. Jan 7, 2024 · India’s OTT market, sized at $2. 9 million users (+25. During that period, India is also slated to be the eight biggest OTT market overtaking South Korea. The size of the OTT Universe in India in 2023, and its market & demographic breakup SVOD’s share of total OTT audience in India has gone up marginally from 30. 2023. 1 billion, of the global OTT market in 2027. Car brand market share worldwide 2023 Quarterly Netflix Mar 27, 2024 · The over-the-top video (OTT video) market reached over 120% penetration rate in the United Kingdom in 2023. India’s OTT Rise from $3. In 2023, smartphones and tablets accounted for a disproportionately large revenue share of the global OTT market. 62 Bn in 2020 and this figure is expected to rise substantially up to INR 93. 8 The OTT Video market worldwide is projected to grow by 7. 3, 2023 /PRNewswire/ -- The "US OTT Video Services: Shifting Demand" report has been added to ResearchAndMarkets. Looking forward, IMARC Group expects the market to reach US$ 22. Jun 13, 2023 · The overall market is projected to grow with promising CAGR of 15. com. The global over the top (OTT) market attained a value of USD 124. Figure 7: India OTT revenue split by category, 2018–2027 . 0 Billion by 2032, exhibiting a growth rate (CAGR) of 24. 1% during 2024-2032. 97 billion by 2032, exhibiting a CAGR of 16. 296. OTT market revenue & overview statistics. Jul 11, 2024 · In 2nd half of 2023, Netflix had a market share of 20 percent among U. 0% in 2026, indicating a move from linear TV, radio and print to digital formats, in line with the growing popularity of OTT video. Car brand market share worldwide 2023 Quarterly Netflix subscribers count worldwide 2013-2024 Market numbers for OTT Video can also be found in the video-on-demand market. 94 billion in 2024 and grow at a CAGR of 18. 7 million U. 896. 39 billion by 2034. The high penetration & use of smartphones, tablets, and other advanced handheld devices with interactive displays is expected to contribute to the growth, as OTT services are now compatible with most mobile devices. We’ll begin with the consumer. Growing preference for cloud streaming services will be a key driver fueling the over the top (ott) growth during the forecast period. 1 Top3 Over The Top (OTT) Players Market Oct 4, 2023 · DUBLIN, Oct. 20% (2024-2029) resulting in a market volume of US$7. Content fragmentation is the strategy of sharing specific Mar 16, 2024 · Subscription-based OTT is expected to have a considerable market share. Get a sample of this industry analysis as a free report PDF download. Aug 22, 2024 · The global number of users in the 'OTT Video' segment of the media market was forecast to continuously increase between 2024 and 2029 by in total 997. Traditional Pay-TV Service Provider Market Share, YoY; The OTT Video market worldwide is projected to grow by 6. Car brand market share worldwide 2023 Quarterly Netflix subscribers Apr 2, 2023 · Key players Financials includes Revenue (USD Million), Gross Margin (%) and Market Share (%) (2019- 2023), S. 2023 & 2024 India Smart TV and OTT market size report includes a forecast to 2029 and historical overview. 3. 99 billion in 2023 at a compound annual growth rate (CAGR) of 15. 03 billion in 2023 to USD 155. [188 Pages Report] Over the top Market size, share, trends and forecasts. 3% CAGR until 2034. ndia video OTT market size and growth forecast (FY 2021 - FY 2028e) 5. 5 billion in 2022 and is projected to reach $434. 72 billion in 2023 and grow at a CAGR of 15% to reach USD 439. 6 billion in 2027. com's offering. 00m in 2029. 40bn in 2024. 93% during 2024-2032. ) and Amazon Prime Video (Amazon. 20% to reach USD 43. Over The Top Market | Global Industry Report, Size, Share, Growth, Price Analysis, Trends, Outlook and Forecast 2024-2032 Sep 10, 2024 · Furthermore, an anticipated compound annual growth rate (CAGR) of 22. Personal Aug 26, 2024 · The global over the top (OTT) services market size was valued at USD 59. The OTT market share and revenue are becoming more massive each year, thanks to the yearly growth of subscriptions globally. 30% from 2023 to 2032. 0% to reach USD 2. Get a sample of this industry share analysis as a free report PDF download. 93% (2024-2029) resulting in a market volume of US$185. 489. Numerous companies are entering the OTT market, as evidenced by rising investments in content acquisition across this domain. 0 Billion in 2023. 42% in the forecast period (2024-2031). 5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 16. streaming services. 80bn in 2029. Further, the German OTT market held the largest market share, and the UK OTT market was the fastest-growing market in the European region. Feb 21, 2023 · OTT Media Services Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F New York, Feb. Middle East is expected to be the fastest-growing region in the global OTT streaming market share during the forecast period. 61 billion in 2024 and grow at a CAGR of 12. Car brand market share worldwide 2023 Quarterly Netflix subscribers In this paper, we share our perspective on the industry drawn from partnerships at every stage of the OTT video lifecycle. Share your response to this live poll question. 8 billion in 2018 and expected to grow to $5. 67 Billion in 2023 to an Expected $5. 97bn in 2029. Car brand market share worldwide 2023 Quarterly Netflix Dec 16, 2023 · The global penetration rate of OTT will increase from 45. 26% (2024-2029) resulting in a market volume of US$774. Car brand market share worldwide 2023 Quarterly Netflix subscribers Oct 20, 2023 · The most recent global Over-the-Top (OTT) Market research [2023-2031]offers insightful data on the industry landscape, current trends, consumer demand, and recent developments influencing market Sep 18, 2023 · 2. Over The Top (Ott) Market size is estimated to grow by USD 630. 51 billion in 2019 and is poised to grow from USD 190. Revenue share of video OTT platforms - based on revenue models 6. Feb 20, 2023 · The global Over-the-Top (OTT) services market is expected to grow from USD 202. 58 trillion in 2024, and is expected to reach USD 1. 1 Global Over The Top (OTT) Revenue and Share by Players (2020,2021,2022, and 2023) 3. OTT Market Share. Jul 25, 2023 · Video M&E market share India 2016-2025, by segment; (July 12, 2023). The US OTT Market is expected to reach USD 56. The India Smart TV and OTT Market is expected to reach USD 18. 5%, or USD 109. 13, 2023 (GLOBE NEWSWIRE) -- The "OTT Market in India 2023-2028" report has been added to ResearchAndMarkets. 3%, and the UK at 85. OTT market projected to grow to $91 billion by 2028. Feb 19, 2024 · In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon. 72% in 2023 to 47. 4 Company Over-the-top (OTT) Platform Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2023) 2. The global OTT market size is projected to grow from USD 53. 67 Bn by 2025. 68% during the FY 2023 - FY 2027 period. The report also forecasts the Over The Top Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. 39 billion by 2030, exhibiting a CAGR of 16. 4 Company Over the Top (OTT) Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2023) 2. 23, 2023 (GLOBE NEWSWIRE) -- The Global Over The Top (OTT) Content Market Size accounted for USD 204 Billion in 2022 and is projected to achieve a market size of USD 1,947 Billion by The OTT Video market worldwide is projected to grow by 7. In India as well, revenue growth will be driven by the competitive SVOD sector, which will expand at a CAGR of 13. 90 billion in 2023 and is projected to grow from USD 70. 99 trillion by 2029, growing at a CAGR of 28. By the year 2023, the OTT market will reach ₹12,000-crore industry with a growth rate of CAGR 36%. T Analysis, (To read more request the sample pages Or speak to analyst/author directly). Revenue share of video OTT platforms - based Apr 7, 2023 · The global OTT streaming market will grow from $149. Dec 14, 2023 · The "OTT Market in India 2023-2028" report has been added to ResearchAndMarkets. There are around 46 OTT service providers in India. 48 Bn in FY 2022 and is expected to reach INR 119. 04bn in 2029. 19% during the forecast period (2024-2029). Click “Post answer” to see results from industry peers who've responded to the poll before you. Oct 23, 2023 · TOKYO, Oct. 6% . 1%, New Zealand at 85. Over The Top (OTT) Market in terms of revenue was estimated to be worth $202. 47 billion by 2032, registering at a CAGR of 26. Increasing adoption of OTT can be attributed to the narrow genre choices, flexibility, wider device Highlights. The OTT streaming market is expected to The report covers the Over The Top Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. Top Companies Market Share in OTT Industry: (In no particular order of Rank) AMAZON WEB SERVICES INC; APPLE INC; FACEBOOK INC; GOOGLE LLC; HULU LLC global SVOD market will account for 62. 2 Market Concentration Rate 3. The Asia-Pacific OTT Market is expected to grow at the fastest CAGR from 2023 to Statistics for the 2023 & 2024 US OTT market share, created by Mordor Intelligence™ Industry Reports. May 23, 2024 · 2023’s OTT video service revenue estimated at $316 billion. Inc) are the major companies operating in this market. 2%. Prime Video was the most popular SVOD service. 5 billion from 2024 to 2028 at a CAGR of 28% with the video having largest market share. Commercial. Sep 12, 2023 · 2. 11 Bn by FY 2027, expanding at a CAGR of ~15. General audience The OTT category frequently has the most market share in the OTT industry. 8% is expected to propel market expansion between 2023 and 2032. , Sony Corporation and TCL Technology are the major companies operating in this market. 5% in the OTT services market. 60% (2024-2029) resulting in a market volume of US$6. 5 billion (this includes YouTube), went through a major disruption in 2023, as Jio Cinema offered the most premium content—Indian Premier League—free to users. Dec 21, 2023 · Car brand market share worldwide 2023 Quarterly Netflix subscribers count worldwide 2013-2024 Topics Over-the-top (OTT) video, online video gaming, as well as music and audio streaming, all Aug 28, 2023 · SVOD market share Japan 2023, by service OTT video services usage rate South Korea 2023, by service Top premium video streaming platforms SEA Q3 2023, by viewership share. 32 billion in 2023 to USD 1241. , HBO MAX (AT&T INC. Key players in the Apr 21, 2023 · The audio OTT market in India was valued at INR 57. 5 Company Recent Developments and Future Plans 3 Market Competition, by Players Aug 22, 2024 · The revenue in the 'OTT Video' segment of the media market in Thailand was forecast to continuously increase between 2024 and 2029 by in total 252. 0% during the forecast period (2024-2032). O. 1. The OTT Video market worldwide is projected to grow by 6. What is an OTT platform? Jan 31, 2023 · Magna Global forecasts digital video's share of the combined digital ad spend in the U. The global market for OTT segmented by type, Streaming Device, Services, Vertical and Region. 43% (2024-2029) resulting in a market volume of US$5. 81bn in 2029. 46 percent). 5 billion in 2022 to USD 434. The OTT streaming market is expected to grow to The world’s biggest market and the nexus of the global streaming revolution will see total OTT video revenue increase at a healthy 7. 1,440. 3 million subscribers from the Indian market as of October 2022. Revenue in the OTT Video market market worldwide is forecasted to reach US$316. By this point, the US will account for nearly half of global OTT revenue. Over-the-Top/OTT Market size was valued at USD 150. Apr 7, 2023 · 6. 7% CAGR over the forecast period, from US$69. Apr 7, 2023 · The global OTT streaming market will grow from $149. 2. 6 billion by 2031, growing at a CAGR of 26. Original content creators have been making a major impact. Subscription video-on Nov 11, 2023 · 3 Market Competition, by Players 3. The global OTT video market — Oct 31, 2022 · The OTT market is set to become a ₹12,000-crore industry by 2023 at a compound annual growth of 36% (from ₹2,590 crore in 2018). Looking forward, IMARC Group expects the market to reach US$ 3,400. 56% to reach USD 102. The OTT Video market worldwide is projected to grow by 7. 03 billion by 2023. 7 Billion in 2023. K. 25 Billion by 2027; OTT ad spend expected to rise by 13% in 2023. Revenue from OTT and video across India from 2018 to 2022, with estimates until 2027 (in billion U. During the Sep 6, 2024 · OTT Platforms Market Share in India 2024. Market Overview: The India over the top (OTT) market size reached US$ 3. 5 billion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 16. Car brand market share Dec 13, 2023 · 5. In India, the OTT market was $0. 72% CAGR for 2023-28. 2 Top 10 OTT OTT Content Market Outlook (2024 to 2034) The global OTT content market size is anticipated to be worth US$ 13. Netflix pioneered the OTT market, and the app still Asia-Pacific was the largest region in the OTT market in 2023. Jun 6, 2019 · Its latest report, Global Entertainment & Media Outlook 2019-2023 estimates that the Indian OTT market for companies like Netflix, ALT Balaji and Hotstar will grow from ₹4,464 crore in 2018 to ₹11,976 crore in 2023, a CAGR of 21. In 2022, North America spearheaded the OTT content market, commanding a substantial share exceeding 39%. , Germany and France will rise from 8. U. Netflix Inc. S. Xiaomi Corporation, Samsung , LG Electronics Inc. 70 billion by 2029. 34 billion in 2022 to $171. 1 Top3 OTT Players Market Share in 2023 3. According to the estimates, the market is projected to clock a 17. 49 billion by 2032. Apr 2, 2024 · 3 Market Competition, by Players 3. 83% in 2024. 28 billion by 2029. 70m in 2029. 21, 2023 The market for OTT media services in the area is expanding Jan 3, 2023 · Disney+ Hotstar is currently a leading OTT platform in India. Over the Top (OTT) Market Size: The global over the top (OTT) market size reached US$ 461. 5bn in 2028, ahead of the world average at a 7. 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. Car brand market share worldwide 2023 Quarterly Netflix subscribers In 2022, the OTT media services segment accounted for the largest market share of 86. wnkncyscmoulygdqomibxrprfrlrwuuglyrzfylotghmci