Global OTT Revenues to Top $50 Billion by 2020, Says Report
By ETCentric
June 16, 2015
June 16, 2015
Worldwide over-the-top TV and video revenues are projected to reach $51.1 billion by 2020, a significant increase from the $26 billion anticipated this year. In addition, SVoD revenue is expected to surpass that of OTT advertising. “According to the ‘Global OTT TV & Video Forecasts’ report from Digital TV Research, the U.S. will remain the dominant territory,” reports Advanced Television, “with OTT TV and video revenues rising by $16.6 billion between 2010 and 2020 to $19.1 billion… OTT revenues will exceed $1 billion in 11 countries by 2020.” China is projected to reach fourth place in global rankings.
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