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OTT Streaming Market Outlook, Demands, Trend, Business Growth, And Leading Players Forecast To 2031

11-25-2022 05:25 AM CET | Media & Telecommunications

Press release from: The Business research company

OTT Streaming Market

OTT Streaming Market

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The global OTT streaming market report by the business research company identifies increase in customer base to be a major growth driver for the OTT streaming market. With the increasing change in customers' social behavior, which is shifting from traditional subscriptions to broadcasting services and to over-the-top (OTT) on-demand video and music subscriptions every year, OTT streaming in the forecast period is expected to grow at a very fast pace. Various segments of the population have started using video streaming services instead of regular television for entertainment due to added benefits such as on-demand services and ease of access. Countries such as India and China are expected to see an exponential rise in the number of content streaming users in a video on streaming and pay-per-view services. In 2020, OTT content streaming service, Netflix, expects to close the year with 4.6 million paid customers.

The global OTT streaming market grew from $129.67 billion in 2021 to $149.34 billion in 2022 at a compound annual growth rate (CAGR) of 15.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The OTT streaming market is expected to grow to $262.28 billion in 2026 at a CAGR of 15.1%.

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Asia Pacific was the largest reegion in the OTT market in 2021. Middle East is expected to be the fastest growing region in the forecast period. The regions covered in the over the top content (OTT) streaming report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Major players in the OTT streaming market are Facebook, Netflix, Amazon, Microsoft, Google, Apple, Hulu, Tencent, Rakuten, and YouTube.

The global OTT streaming market is segmented -
1) By Device Type: Smartphones, Smart TV's, Laptops, Desktops and Tablets, Gaming Consoles, Set-Top Box, Others
2) By Revenue Source: AVOD, SVOD, TVOD, Others
3) By User Type: Commercial, Personal
4) By End User: E-commerce, Media And Entertainment, Education And Training, IT And Telecom, Health And Fitness, Others

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The OTT Streaming Market Report Contents Include
1. Executive Summary
2. OTT Streaming Market Characteristics
3. OTT Streaming Market Trends And Strategies
4. Impact Of COVID-19 On OTT Streaming
5. OTT Streaming Market Size And Growth
....
27. OTT Streaming Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The OTT Streaming Market
29. OTT Streaming Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the OTT streaming market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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