Dublin, Aug. 22, 2019 (GLOBE NEWSWIRE) -- The "Over-the-top Market by Component, Device Type, Content Type, Revenue Model, User Type, End User: Global Opportunity Analysis and Industry Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.
The global OTT market size was valued at $97.43 billion in 2017 and is projected to reach $332.52 billion by 2025, growing at a CAGR of 16.7% from 2018 to 2025.
Rise in OTT demand in the developing regions, increase of SVoD services in emerging markets, expansion in the variety of contents, surge in the demand of live streaming channels, emergence of new OTT markets, and new developments in OTT technology are the factors that majorly boost the growth of the market. However, lack of data network infrastructure and latency issues are expected to hamper the OTT market growth.
Based on device type, the smartphones segment dominated the overall OTT market share in 2017 and is expected to remain dominant during the forecast period. This is owing to rising use of smartphones to stream OTT services and growing market for larger screen smartphones in the developing economies. Also, the segment is expected to witness the highest CAGR during the forecast period due to ongoing gradual replacement of TVs with smartphones and mobile app streaming via OTT, which might open doors to innovation in the OTT market.
The subscription revenue model was the highest contributor to the global OTT market in 2017 and is projected to remain dominant during the forecast period as the adoption of smartphones and tablets has increased among the target consumers base for vendors that offer SVOD and VOD services, whereas the availability of high-speed internet and smartphone applications has improved access to SVOD services. However, the advertisement revenue model is expected to witness highest growth due to rise in popularity of VOD ads.
The video content type segment dominated the overall over-the-top market share in 2017 and is expected to continue this trend during the forecast period, owing to progressive rollout of new technologies, which lead to video consumption. Also, the segment is expected to witness the highest growth rate during the forecast period due to the major shift of consumers toward online video streaming because of ongoing price wars.
Furthermore, the media & entertainment industry dominated the over-the-top market in 2017 and is expected to remain dominant during the forecast period, due to rise in numbers of digital-video consumers. This is expected to increase the demand of OTT services in media & entertainment industry. However, the IT & telecom industry is expected to witness highest CAGR in the OTT market forecast period due to the growth of over-the-top services in telecommunication industries for video calling, voice, and messaging services.
North America dominated the overall OTT market share in 2017, as the region is equipped with high broadband access as well as number of services, which have already moved on to providing several videos in HD and 4K. Also, new services such as AT&T, ESPN, Turner Sports and Crown Family Media Networks experienced strong traction in the U.S., which fuels the growth of the market.
Some of the key market players profiled in the report include Amazon Web Services (AWS), Netflix, Hulu, LLC, Google LLC, Apple Inc., Facebook, Telestra, Rakuten Inc., Microsoft Corporation, and Tencent Holdings Ltd. This study includes OTT market trends, analysis, and future estimations to determine the imminent investment pockets.
Key Topics Covered
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key Forces Shaping Over-the-Top Market
3.2.1. Moderate-to-high bargaining power of suppliers
3.2.2. High bargaining power of buyer
3.2.3. Low-to-moderate threat of substitutes
3.2.4. Moderate-to-high threat of new entrants
3.2.5. High competitive rivalry
3.3. Value Chain Analysis
3.4. Case Studies
3.4.1. Bonnier Corporation
3.4.2. Canal Digital
3.5. Market dynamics
126.96.36.199. Growing OTT demand in developing regions
188.8.131.52. Rise of SVoD services in emerging markets
184.108.40.206. Expansion in the variety of contents
220.127.116.11. Growth in the demand of live streaming channels
18.104.22.168. Lack of data network infrastructure
22.214.171.124. Latency issues
126.96.36.199. Emergence of new OTT markets
188.8.131.52. New developments in OTT technology
CHAPTER 4: OVER-THE-TOP MARKET, BY COMPONENT
CHAPTER 5: OVER-THE-TOP MARKET, BY DEVICE TYPE
5.3. Smart TV's
5.4. Laptops, Desktops, and Tablets
5.5. Gaming Consoles
5.6. Set-Top Box
CHAPTER 6: OVER-THE-TOP MARKET, BY CONTENT TYPE
6.3. Audio/ VoIP
CHAPTER 7: OVER-THE-TOP MARKET, BY REVENUE MODEL
CHAPTER 8: OVER-THE-TOP MARKET, BY USER TYPE
CHAPTER 9: OVER-THE-TOP MARKET, BY END USER
9.2. Media & Entertainment
9.3. Education & Training
9.4. Health & Fitness
9.5. IT & Telecom
CHAPTER 10: OVER-THE-TOP MARKET, BY REGION
10.2. North America
CHAPTER 11: COMPANY PROFILES
11.1. Amazon Web Services Inc.
11.2. Netflix Inc.
11.3. Hulu LLC
11.4. Google LLC
11.5. Apple Inc.
11.6. Facebook Inc.
11.7. Telstra Corporation Limited
11.8. Rakuten Inc.
11.9. Microsoft Corporation
11.10. Tencent Holdings Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/xy6qul
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