Over-the-top (OTT) Market to Observe Significant Growth Due to fast increase in demand for Live streaming channels during Coronavirus Pandemic - Exclusive Reports [412 pages] by Research Dive

The abrupt rise of the COVID-19 pandemic has made an optimistic impact on the global OTT market growth. Increasing adoption of OTT platforms throughout the covid-19 pandemic is boosting the growth of the global market.


New York, USA, Aug. 25, 2020 (GLOBE NEWSWIRE) -- The newest research report on the Global Over-The-Top (OTT) Market published by Research Dive discusses the impact of COVID-19 disease on the current and forthcoming growth of the market. This report is an exhaustive research articulated by analysts by considering all the vital aspects such as regional market conditions, market drivers and decliners, opportunities, and size & scope of the market. 

Key Highlights of the Report:

"The COVID-19 crisis has affected the global market for OTT in a positive way. – Research Dive"

According to the Research Dive report, the global over-the-top (OTT) market was accounted for $110.1 billion in 2018 and is expected to garner $438.5 billion by rowing at a healthy growth rate of 19.1% by 2026.

In the present situation, the market has garnered $155.6 Billion owing to the impact of COVID-19 on heart, as there is an increase in the number in the viewer's percentage in entertainment sector by a solid 30%.  

Request to Download COVID-19 Impact Analysis Report: https://www.researchdive.com/covid-19-insights/310/over-the-top-market#myQueryForm

Factors Driving the Market Growth amidst Covid-19 Pandemic:

The global over-the-top (OTT) market is expected to observe remarkable growth owing to rising adoption of OTT platforms as more people are subscribing to these entertainment platforms during the Covid-19 pandemic lockdown. Moreover, during the emergency time, many government agencies are conducting various programs to help companies. The media development agency and company of infocomm in Singapore, recently announced digital support to SMEs. This agenda allows remote work approaches to restore the production activities of small and medium-sized enterprises. The dramatic rise in demand for live streaming channels and ongoing creation of cloud-based OTT services would drive market growth. However, in the predicted years, a lack of data network facilities for OTT services will impede a market growth.

Current Face of the Market Due to Covid-19:

Many digital media and broadcast providers have stepped up their efforts to build new channels for consumers to access different types of content, such as music, videos and other contents because of a lot of online viewers and hence a rising number of OTT services. These factors can drive business growth.

The emergency COVID-19 has positively impacted the world's OTT business growth. This increase is due to the increase that the different governments around the world are pushing in demand for OTT and gaming in the COVID-19 lockdown. Furthermore, the lockdown period provided a boost to OTT entertainment services that increased the viewer's interest for online content via a number of platforms including Hotstar, Amazon Prime Video and Netflix. Such factors boost the market for OTT services dramatically during the time of lockout.

According to the report, the global OTT market is projected to undergo continuous growth post-coronavirus pandemic.

Download Executive Summary of OTT Market: https://www.researchdive.com/download-sample/310

Over-the-top (OTT) market, significant players

The significant players in the global over-the-top (OTT) market are

  1. LINE Corporation
  2. Facebook
  3. Kakapo Corp.
  4. Hulu, LLC
  5. Indieflix, Inc.
  6. Amazon Web Services
  7. VUDU, Inc.
  8. Telestra
  9. Tencent Holdings Ltd.
  10. Apple Inc.
  11. Netflix
  12. Google LLC
  13. Rakuten, Inc.
  14. Microsoft Corporation.

Inquire before Buy, Competitive Landscape and Strategic Developments of the companies. https://www.researchdive.com/connect-to-analyst/310

 

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