Analyst: Global OTT revenues to reach $129bn

Global online TV episode and movie revenues will reach $129 billion (€110.2bn) in 2023; more than double the $53 billion recorded in 2017. About $16 billion will be added in 2018 alone.

From the 138 countries covered in the Global OTT TV & Video Forecastsreport from Digital TV Research, the top five will command 69 per cent of worldwide revenues by 2023. This proportion is down from 73 per cent in 2017; revealing that the rest of the world will grow at a faster rate. OTT revenues will exceed $1 billion in 17 countries by 2023; up from 10 countries in 2017.

Source: Analyst: Global OTT revenues to reach $129bn