Forecast: 5 OTT subscriptions per US home in 2023

Based on analysis of over 80 OTT services (over 50 providers), led by Netflix, Hulu, Amazon, HBO, Convergence Research estimates that US OTT access revenue grew by 35 per cent to $29.6 billion in 2020, and forecasts 35 per cent growth to $39.9 billion for 2021, and $59.4 billion for 2023 (double 2020).

Source: Forecast: 5 OTT subscriptions per US home in 2023