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Global OTT TV, video revenues to reach USD 51.1 bln in 2020

2015-06-15 09:31:00| Telecompaper Headlines

(Telecompaper) Global OTT TV and video revenues will jump to USD 51.1 billion in 2020 from 4.2 billion recorded in 2010 and the 26.0 billion expected in 2015, according to a study by Digital TV Research, attributing part of the strong rise to Netflix's aim of establishing operations in 200 countries. The US will continue to lead, with OTT TV and video revenues rising by USD 16.6 billion between 2010 and 2020 to USD 19.1 billion. China's OTT TV and video revenues will rocket to USD 2.8 billion in 2020 from 40 million in 2010, pushing China into fourth place in the world ranking. OTT revenues will exceed USD 1 billion in 11 countries by 2020.

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Category:Telecommunications

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