Global OTT TV and Video Market Forecasts Report 2023: AVOD Revenues for TV Series and Movies will Reach $69 Billion by 2029, Up by $30 Billion from $39 Billion in 2023
PR Newswire
DUBLIN, Sept. 18, 2023
The "Global OTT TV and Video Forecasts" report has been added to ResearchAndMarkets.com's offering.
DUBLIN, Sept. 18, 2023 /PRNewswire/ -- Global OTT TV episode and movies revenues will reach $215 billion in 2029; up by $53 billion - or 33% - from $162 billion in 2023.
The US will remain the dominant territory by some distance. Its share of global revenues will be 38% by 2029; down from 46% in 2023. We forecast that US revenues will climb by $8 billion between 2023 and 2029 to reach $82 billion.
SVOD will remain the principal OTT revenue source, growing by $19 billion between 2023 and 2029 to $127 billion. AVOD revenues will grow faster than SVOD.
AVOD revenues for TV series and movies will reach $69 billion by 2029, up by $30 billion from $39 billion in 2023. These figures are lower than our previous edition due to the global advertising slowdown and slower than expected rollouts of hybrid AVOD-SVOD platforms by the US major platforms.
Key Topics Covered:
Published in September 2023 and based on June 2023 results, this PDF and excel report contains comprehensive coverage of the global OTT TV episode & movie sector (subscribers/homes and revenues for SVOD, AVOD, TVOD rental and download-to-own/electronic sell-through) for 138 countries, including:
- A 75-page PDF file giving a global Executive Summary, comparison tables and rankings. Insight profiles for the top 10 countries (Brazil, China, France, Germany, India, Japan, Mexico, Russia, UK and USA)
- An excel workbook providing forecasts (2015-2029) for each of the 138 countries covered as well as comparison and ranking tables.
For more information about this report visit https://www.researchandmarkets.com/r/tw38s7
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SOURCE Research and Markets