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Global OTT Market is Projected to Surpass $64.9 Billion by 2021 - Netflix Hold Highest Market Share - Research and MarketsResearch and Markets has announced the addition of the "Global Over The Top (OTT) Market - Forecast and Opportunities, 2011-2021" report to their offering. The global OTT market is projected to surpass $64.9 billion by 2021, on account of growing trend of Bring Your Own Device (BYOD), rising adoption of cloud computing, expanding market for Internet of Things (IoT). Netflix accounted for the highest market share in global OTT market in 2015, and the company is anticipated to maintain its dominance in the coming years on account of growing video streaming business and rising number of partnerships of Netflix with various local content providers, globally. Rising penetration of telecom network providers across the globe, improving broadband network infrastructure, growing number of platforms to access online content such as smartphones & tablets, desktops & laptops, smart TVs and gaming consoles, are driving global over the top market. Rising demand for Video On Demand (VOD), Subscription Video On Demand (SVOD), VoIP (Voice Over Internet Protocol), Internet TV, web conferencing, instant messaging services, etc., has resulted in significant increase in online traffic over the last few years. Moreover, expanding online gamer base and introductionof new technologies to enhance gaming experience are propelling growth in global online gaming market. Furthermore, rising consumer inclination towards online media content access over multi-screen platforms is further anticipated to drive global over the top market through 2021. Companies Mentioned:
Key Topics Covered: 1. Product Overview 2. Research Methodology 3. Analyst View 4. Global Over The Top (OTT) Market Outlook 5. North America Over The Top (OTT) Market Outlook 6. Asia-Pacific Over The Top (OTT) Market Outlook 7. Europe Over The Top (OTT) Market Outlook 8. Middle East & Africa Over The Top (OTT) Market Outlook 9. South America Over The Top (OTT) Market Outlook 10. Market Attractiveness Index 11. Market Dynamics 12. Recent Trends & Developments 13. Competitive Landscape 14. Strategic Recommendations For more information about this report visit http://www.researchandmarkets.com/research/4xgjvw/global_over_the Related Topics: Media and Entertainment, Content Management, VoIP and Videoconferencing View source version on businesswire.com: http://www.businesswire.com/news/home/20160920006534/en/ |