The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

An increase in customer base are expected to drive innovation in OTT streaming manufacturing, thus driving the market during the forecast period.

The global OTT streaming market is expected to grow from $149.34 billion in 2022 to $171.99 billion in 2023 at a compound annual growth rate (CAGR) of 15.2%. The global OTT streaming market size is expected to grow to $302.67 billion in 2027 at a CAGR of 15.2%.

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Global OTT streaming Market Segments Include:

• By Device Type: Smartphones, Smart TV’s, Laptops, Desktops and Tablets, Gaming Consoles, Set-Top Box, Other Devices
• By Revenue Source: AVOD, SVOD, TVOD, Other Revenue Sources
• By User Type: Commercial, Personal
• By End User: E-commerce, Media And Entertainment, Education And Training, IT And Telecom, Health And Fitness, Other End Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global OTT streaming market in 2021.

Major Market Players in the OTT streaming market include Facebook, Netflix, Amazon, Microsoft, Google, Apple, Hulu, Tencent, Rakuten, and YouTube.

Streaming on 4K televisions is a key trend in the OTT (Over-The-Top) streaming market. A 4K resolution is typically 3,840x 2,160 pixels and is also known as UHD or Ultra-High Definition. This is the highest level of high-definition video quality available to film, television, and sports viewers these days. Nowadays most of the latest TVs are 4 K compliant. They are extremely costly but for under $1,000 (or even under $500) we can find a decent 4 K tv. Major streaming services such as Netflix, Disney+, and Amazon Prime Video have included premium 4 K and 4 K content in their services. FuboTV launched its first live- TV to provide coverage in 4 K with HDR. The only sports that take advantage of this improved visual quality were World Cup matches, but later the company added some NCAA football matches in 4 K.

The OTT Streaming Global Market Report 2023  provides a OTT streaming market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The OTT streaming market forecast analyzes OTT streaming market size, OTT streaming market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

OTT (over-the-top) is a method of offering television and film material through the internet at the consumer’s request and to meet their specific needs.

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