Ott market size 2022. Forecast period. 3% from 2023 to 2030. 80% during the forecast period (2023 - 2032). The value of the global OTT market is set to skyrocket from $121. 8 billion in 2022. 99 billion in 2023 to $198. To estimate the market size for each country individually, we use Aug 1, 2022 · In India the OTT market has been growing at a steady pace over the years - from April 2020 to April 2022 was 15% growth. 60bn in 2024. Jan 10, 2024 · Looking at the market size, the Global OTT Market is expected to surge from USD 0. 20% during the forecast period (2023 - 2032). 2020 - 2032. The OTT Video market worldwide is projected to grow by 7. USD 204 Billion. Changing consumer behavior patterns toward the consumption of media content over television and internet amidst ongoing transitions in digital TV Revenue in the OTT Video market market in South Korea is forecasted to reach US$4. The ott streaming market size has grown rapidly in recent years. Aug 1, 2023 · Penetration rate of Netflix worldwide 2022, by country; Global share of subscribers to popular streaming services 2021, by country (OTT) market size in India from financial year 2021 to 2030 Indonesia OTT Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2024-2032 Published Date: August, 2024 Base Year: 2023 Over The Top (Ott) Market size is estimated to grow by USD 630. Further, the market is expected to grow at a CAGR of 22. By Country and Growth Forecast, 2023 - 2030 Report ; 187 Pages ; March 2024 Oct 14, 2022 · PUNE, Oct. Jan 5, 2022 · After an unprecedented 2020, with an acceleration in the growth of OTT platforms, 2021 was a year for creating milestones in curating unique and enthralling stories for the audience. Besides, North America led the OTT The size of the OTT Universe in India in 2023, and its market & demographic breakup Universe Sizing Segmentation of the OTT universe in India based into five types, based on nature of usage (paid vs. Historic period. India Audio OTT Oct 14, 2022 · PUNE, Oct. 56% to reach USD 102. The world’s most populous nation represents 48 percent of the APAC online video revenue pie. free) Usage Segments A deep-dive into the SVOD segment from a subscription monetization perspective, to understand its profile Market Overview. Market Overview: The India over the top (OTT) market size reached US$ 3. 43% (2024-2029) resulting in a market volume of US$5. Oct 31, 2022 · Now, the popularity of OTT platforms is wreaking havoc on multiplexes. The world’s biggest market and the nexus of the global streaming revolution will see total OTT video revenue increase at a healthy 7. 97 billion by 2032, exhibiting a CAGR of 16. The demand for OTT devices is expected to reach 482. 2 billion in revenue in 2022. Nov 8, 2022 · However, India’s OTT market size still lags that of China – APAC’s largest market which will generate $11. Base year. It is expected to reach USD 2,838 billion by 2030, growing at a CAGR of 29. Owing to the increasing advancement in technology, the market is likely to propel to US$ 7. , 2022-27. com Jun 19, 2024 · Considering that the list of international streaming services and the catalog of online video content continue to expand at a rapid pace, the number of OTT users worldwide is expected to reach The global over the top devices and services market size was valued at USD 190. Report Coverage. So far, OTT has captured 7-9% of the entertainment industry’s share and revenue. 7% CAGR over the forecast period, from US$69. Demand for OTT services recorded a y-o-y growth rate of 9. 5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 24. The US OTT Market is expected to reach USD 56. Research from Statista says that in 2021, the market size of the global OTT platform will be 178 billion dollars, evaluated to surpass 275 billion dollars by 2027. 14, 2022 (GLOBE NEWSWIRE) -- OTT Video Market Size 2022 Market Share, Top Companies report covers, Definition, Share, and Regional Analysis by Key Players, Showing Impressive Growth and Jan 23, 2023 · The global Over-The-Top (OTT) services market size is expected to grow from USD 202. accounts for about 46% of that global market size. Global Sep 2, 2024 · The global OTT market size reached US$200 billion in 2022 and is projected to reach approximately US$2057. 9 billion in 2026, which is not even half of the USA’s size in 2022. 7% during forecast period; Emergence of Smart TVs by Various Jun 20, 2023 · Over The Top (OTT) Market Scope. 0% from 2023 to 2030. S. 85% Mar 1, 2024 · Video-on-demand Market: The video-on-demand (VOD) market size is estimated to grow at a CAGR of 15. Over-the-top services are used to describe movies and TV shows that are directly delivered to digital viewers without the Over-the-Top/OTT Market size was valued at USD 150. 5 billion in 2022 to USD 434. 81bn in 2029. 8 Trillion in 2021 and is likely to exhibit a Y-o-Y increase of 16% to be valued at US$ 2. The OTT market is projected to grow from USD 53. USD 1,947 Billion. . 45 trillion in 2023 to an impressive USD 1. 3. Dec 15, 2022 · We started publishing The Ormax OTT Audience (Sizing) Report from 2021. 09 Bn in FY 2022 and is expected to reach INR 581. 5 Billion in 2022. 03 billion in 2023 to USD 171. 49 billion by 2032. 7 Billion in 2023. 61 billion in 2024 and grow at a CAGR of 12. Over The Top (OTT) Market in terms of revenue was estimated to be worth $202. The global over-the-top market size was valued at USD 276. OTT Market Overview. 2. India OTT Market Size was valued at USD 200. 40bn in 2024. 98 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3. 14, 2022 (GLOBE NEWSWIRE) -- OTT Video Market Size 2022 Market Share, Top Companies report covers, Definition, Share, and Regional Analysis by Key Players, Showing Impressive Growth and Apr 19, 2023 · Over-the-top (OTT) video streaming market size in Japan from 2019 to 2021 with a forecast until 2025, by business model (in billion Japanese yen) [Graph], AJA, March 25, 2022. 69 billion in 2022. 2 billion by the end of the year, according to the MPA Mar 16, 2022 · The global OTT streaming market is expected to grow from $129. Dec 16, 2023 · The rising adoption of smart TVs and connected devices is propelling the OTT content market size. 34 Billion in 2021 and is estimated to reach up to USD 189. 21 Bn by FY 2027, expanding at a CAGR of ~16. 40bn by 2024. Highlights. 2%. [300 Pages Report] The global over the top (OTT) services market garnered US$ 1. Feb 4, 2023 · To put things in perspective, China’s OTT market is expected to reach a market value of $27. 60%, leading to a LAMEA Video on Demand (VoD) Market Size, Share & Trends Analysis Report By Deployment Model, By Offering, By Solution Type (OTT, Pay TV, and IPTV), By Platform Type, By Content-Type, By Monetization Model, By Vertical. 80bn in 2029. Over-the-top service refers to movies and TV shows that are delivered directly to digital users without the requirement of cable or Mexico OTT TV & Video Market Analysis The Mexican OTT TV and video market is expected to grow at a CAGR of 4. 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. 12 billion between 2022 to 2027 | Comprehensive Analysis on Market Drivers, Trends, and Challenges by Technavio Technavio Mon, Dec 11, 2023, 10:00 India OTT Market Overview. India’s fragmented OTT market—which will be the world’s fastest growing in the next five years, with total revenue hitting US$4. 93% (2024-2029) resulting in a market volume of US$185. 5% over the forecast period. The global over the top (OTT) market attained a value of USD 124. 1. OTT regulation authority Indian OTT platforms are now regulated by India’s Information and Broadcasting ministry. , HBO MAX (AT&T INC. 62 Bn in 2020 to INR 93. 47 Billion by 2030, at a compound annual growth rate (CAGR) of 16. [Online]. 2023-2027. 1 Trillion in 2022. 8% between 2023 and 2032. com. 5 billion by the end of 2027. 6 million in 2018. 51 billion in 2019 and is poised to grow from USD 190. 5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 16. In the United States, the popularity of OTT streaming is on the rise. 98% between 2022 and 2027. The global set top box market size was valued at USD 23. The Market is primarily driven by the growing demand for video-on-demand platforms, music streaming over-the-top media platforms, etc. The report covers the Over The Top Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. e. 1 Billion in 2021, and it is expected to reach a value of USD 123. OTT Market Size was valued at USD 45. Apr 7, 2023 · Asia Pacific was the largest region in the OTT market in 2022. 98% of Americans subscribe to at least one streaming media service, while 75% subscribe to two or more services. 08 billion in 2024 to USD 229. 74% during the forecast period from 2023 to 2032. In terms of traffic, mobile is the unanimous choice of consumers. Growing preference for cloud streaming services will be a key driver fueling the over the top (ott) growth during the forecast period. 19%. By this point, the US will account for nearly half of global OTT revenue. 03 billion by 2027. Details. 67 Bn by 2025, at a CAGR of 33. 45 million units by 2030. Major video OTT platforms based on customer satisfaction (FY 2022) 6. 1 billion by 2032, with a CAGR of 18. Accelerate at a CAGR of 24. 5 billion, projected to reach approximately $434. Dec 11, 2023 · Over-the-Top (OTT) Market size to grow by USD 439. 5 billion from 2024 to 2028 at a CAGR of 28% with the video having largest market share. The content market was valued at $204 billion in 2022. 2017-2021. The Global OTT Market is expected to reach an impressive USD 1. 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 $3 billion in 2022. 5% The Global OTT Platform Market is projected to grow at a CAGR of around 18% during the forecast period, i. 42% in the forecast period (2024-2031). Apr 21, 2023 · The video OTT market was valued at INR 249. 50 trillion. Oct 8, 2022 · Over-the-top (OTT), or what we simply call video streaming platforms, has grown significantly over the years worldwide. 56 trillion by 2028, growing at an annual rate of 28. 55% during the forecast period (2022-2030). 02 billion in 2021. 8%. Mexico has been witnessing a rapid development of convergence services of the internet and mobile devices, owing to the development of IT and media technologies and the spike in M&A activity over the past decade. 22. Looking forward, IMARC Group expects the market to reach US$ 22. May 10, 2022 · According to Fortune Business Insights, the global OTT market size is projected to reach USD 139. 00 billion in 2028 at a CAGR of 17. ) and Amazon Prime Video (Amazon. , Disney+ (The Walt Disney Company), Roku Inc. Mar 27, 2024 · The global OTT video market size is expected to top $476 billion by 2027. Middle East is expected to be the fastest growing region in the forecast period. 93% during 2024-2032. 32 billion in 2023 to USD 1241. India Smart TV & OTT Market Analysis The India Smart TV and OTT Market size is estimated at USD 18. The revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of The global market for OTT segmented by type, Streaming Device, Services, Vertical and Region. 28 billion by 2029. 67 Billion by 2028, at a CAGR of 15 Oct 23, 2023 · OTT Content Market Size 2022. Jan 13, 2022 · Sports Market Global Report 202 2: Market Size, Trends, And Global Forecast 2022 - 2026 is one of a series of new reports from The Business Research Company that provide sports market overviews Sep 10, 2024 · Finally, on a global scale, the OTT market is poised for explosive growth in the coming years. Over-the-Top (OTT) Market Size, Share, Trends Analysis. Revenue in the OTT Video market market worldwide is forecasted to reach US$316. 53 billion . OTT Statistics 2024 – User Latin America OTT Services Market Outlook (2023 to 2033) The Latin America OTT services market size reached US$ 5,752. Inc) are the major companies operating in this market. 4% from 2020 to 2027. 1 Billion by 2032, exhibiting a growth rate (CAGR) of 21. 67 billion in 2021 to $149. The Over-the-Top (OTT) Market was valued at USD 212. This will entail a staggering CAGR of 26. 72 billion in 2023 and grow at a CAGR of 15% to reach USD 439. 94 Trillion By 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. Market share of video OTT platforms based on subscriptions (FY 2022) 6. 5%. The market size is forecast to increase by USD 187. 2022 . 61 billion in 2019 to a projected $1,039. The global OTT market size was valued at $121. 47 billion by 2032, growing at a CAGR of 26. The Global OTT (Over the Top) Market Size is expected to be worth USD 48. 5 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 17. The report also forecasts the Over The Top Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. 50% from 2022 to 2030. 6 billion by 2031, growing at a CAGR of 26. To estimate the market size for each country individually, we use Apr 19, 2023 · Over-the-top (OTT) video streaming market size in Japan from 2019 to 2021 with a forecast until 2025 (in billion Japanese yen) [Graph], AJA, March 25, 2022. Netflix Inc. 5% in 2022. 5bn in 2028, ahead of the world average at a 7. Sep 6, 2024 · The Indian over-the-top (OTT) video market is expected to grow from INR 22. 0 Trillion by 2032. In 2022, the global OTT market size was around $202. 8% from 2024 onwards until the end of this decade. 8% . 3bn in 2023 to US$100. Today, the U. The revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 5. 14, 2022 (GLOBE NEWSWIRE) -- "OTT Video Market" research report focus on overall information that can help to take decisions on current market situation. OTT Streaming Market Size And Growth 5. Oct 14, 2022 · PUNE, Oct. 0% during the forecast period (2024-2032). , among customers worldwide. 58% during the FY 2023 - FY 2027 period. 5 billion merger with Viacom18, a unit of the conglomerate Reliance Industries, which owns the larger Jio OTT platform. In 2023, the Over The Top Market size was estimated at USD 0. OTT Content Market During 2023 - 2032. 34 billion in 2022 at a compound annual growth rate (CAGR) of 15. 61 billion in 2019, and is projected to reach $1,039. 90 billion in 2023 and is projected to grow from USD 70. 2022. Over The Top Market | Global Industry Report, Size, Share, Growth, Price Analysis, Trends, Outlook and Forecast 2024-2032 Set Top Box Market Size & Trends. Global Jun 2, 2022 · Pune, June 02, 2022 (GLOBE NEWSWIRE) -- Global Over The Top (OTT) Market research report 2022-2029 is a professional and in-depth study on the current state of the global Over The Top (OTT The OTT Video market worldwide is projected to grow by 6. The market has 457 Million UVs with a penetration of 94. See full list on precedenceresearch. Ott Video industry, providing After several challenging years, in February 2024, Disney’s Star India struck a US$8. 3 Nov 28, 2022 · Global Over-the-Top/OTT Market Size, Share, Growth Analysis, By Device Type, By Content Type, By Revenue Model, By User Type, By End-User, By OTT Services, By Type, By Platform, By Component, By Deployment Type - Industry Forecast 2022-2028 - Global Over-The-Top/OTT Market was valued at USD 45. Base Year. 11) The Global OTT Content Market Will Reach $1. 9 Billion in 2023 to USD 836. 5 billion, and it's projected to reach approximately $434. The region’s market size is anticipated to be US$49. OTT Content Market Forecast 2032. Analysis Period. Growth momentum & CAGR. 70 billion by 2029, growing at a CAGR of 18. 20% during the forecast period (2024-2029). 07 billion in 2024 at a compound annual growth rate (CAGR) of 15. Jun 2, 2022 · Over The Top (OTT) Market Size, Growth, Share [2022-2029] | Industry Statistics, Development Trends, Key Players, Restraints & Challenges, Sales, Revenue, Price & Gross Margin, Cost Analysis Aug 26, 2024 · The global over the top (OTT) services market size was valued at USD 59. Revenue share of video OTT platforms Based on revenue models Advertising video on demand (AVOD) Subscription video on demand (SVOD) Chapter 7: Audio OTT Market ─ An Overview 7. 1%. The OTT market industry is projected to grow from USD 234. 49 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15. 5 billion in 2022 and is projected to reach $434. 03 billion by 2027, growing at a CAGR of 29. 30% from 2023 to 2032. 19% over this period. It is expected to reach USD 1135. 94 billion in 2024, and is expected to reach USD 43. That’s compared to $238 billion in 2021. 4% CAGR. 5 billion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 16. It will grow from $171. (Global Logic) Revenue in the OTT Video market is projected to reach US$316. uekogmxywlupzazlzcsokmtfbjagiyfkaogtigtokmjvltznrc