Press release
Over the Top (OTT) Market 2022-2027: Industry Analysis, Growth, Trends, Share, Size, Statistics, and Report
Over the Top (OTT) Market Report 2022-2027
The latest report by IMARC Group, titled "Over the Top (OTT) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global Over the Top (OTT) market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global over the top (OTT) market reached a value of US$ 265.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,251 Billion by 2027, exhibiting a CAGR of 25.34% during 2022-2027. Over-the-top (OTT) refers to the content delivery, such as video and audio media content, over the internet. It includes movies and TV services that can be directly downloaded and viewed on users' demand. These content devices include Apple TV, Chromecast, Amazon Fire, and gaming platforms, such as PlayStation and Xbox. OTT is replacing the traditional old setup box TV due to its countless advantages such as cost-effectiveness, creative and unique content, easy access, and the availability of international content.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Request Free Sample Report: https://www.imarcgroup.com/over-the-top-market/requestsample
Market Trends:
The global market is primarily driven by significant growth in the media and entertainment industry. In line with this, the increasing smartphone adoption to stream OTT services is positively influencing the market growth. Furthermore, the widespread preference for subscription video-on-demand (SVOD) due to smart TV penetration is catalyzing the market demand. Moreover, the rising popularity of animation content and video games on gaming platforms is providing a boost to the market across the globe. Several manufacturers are also heavily investing in developing mobile apps with portability, ease of access, and better connectivity to stream OTT services via mobile devices, which is favorably impacting the market.
Explore Full Report with TOC & List of Figures: https://www.imarcgroup.com/over-the-top-market
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Amazon
• Eros International
• Google Inc.
• Hulu
• IBM
• Limelight Networks
• Microsoft Corporation
• Netflix
• Nimbuzz
• Star India
• Tencent
• Telstra
• The Walt Disney Company
• Yahoo
Breakup by Component:
• Solution
• Services
Breakup by Platform Type:
• Smartphones
• Smart TV's
• Laptops Desktops and Tablets
• Gaming Consoles
• Set-Top Boxes
• Others
Breakup by Deployment Type:
• Cloud
• On-Premise
Breakup by Content Type:
• Voice Over IP
• Text and Images
• Video
• Others
Breakup by Revenue Model:
• Subscription
• Procurement
• Rental
• Others
Breakup by Service Type:
• Consulting
• Installation and Maintenance
• Training and Support
• Managed Services
Breakup by Vertical:
• Media & Entertainment
• Education & Training
• Health & Fitness
• IT & Telecom
• E-Commerce
• BFSI
• Government
• Others
Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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