Asia Pacific OTT TV episode and movie revenues will reach $48 billion in 2024; up from the $21 billion recorded in 2018. According to the Asia Pacific OTT TV and Video Forecasts report, the total will increase by $5 billion in 2019 alone.
The Asia Pacific pay-TV sector is vibrant, with both subscribers (up by 68 million) and revenues (up by $2.35 billion) forecast to rise over the next five years.
MENA SVOD revenues will reach $2.13 billion by 2024; or $1.51 billion more than the 2018 total.
Pay-TV revenues for 20 MENA countries fell by 11% between 2016 and 2018 to just under $3 billion.
Sub-Saharan African OTT movie and TV episode revenues will reach $1,018 million by 2024 – up from $223 million in 2018.
Sub-Saharan Africa is forecast to add more than 16 million pay-TV subscribers between 2018 and 2024 to bring its total to 45.63 million, according to the Sub-Saharan Africa Pay TV Forecasts report.
SVOD revenues across 138 countries will reach $35.04 billion in 2018. That’s $10 billion more than the 2017 total and more than triple the 2015 total.
Europe will have 262 million TV subscriptions by the end of 2018; up from 205 million at end-2015. Western Europe has had the most growth.
Global revenues from traditional pay-TV and OTT TV episodes and movies will reach $265 billion in 2018; up from $254 billion in 2017 and $234 billion in 2015.
Western European TV revenues will reach $50 billion by 2023; up from $39 billion in 2017.