Industry Updates

India’s TV Set Market is on Boom 24 November 2016

According to a new report by Research & Markets, Indian consumers are buying smart TVs more than ever before. The television sales market is expected to be worth $9 billion by the end of 2021. The report states that the country’s … Continue reading

Amazon Video will soon be in more countries than Netflix 24 November 2016

Amazon Video has been growing and popularizing ever since it launched into the video streaming space, and with this international expansion, the service is all set to leapfrog the biggest OTT platform Netflix. There is a big buzz around the … Continue reading

Global OTT Content Revenues to Reach $53.2 Billion by the end of 2016 23 November 2016

According to a new market research report by Future Market Insights, the Global OTT content revenues are expected to reach $53.2 billion by year-end 2016, up from $47.7 billion in 2015. Increasing broadband penetration, mobile device adoption, introduction of new smartphones and features, … Continue reading

IPTV Market to cross $80 Billion by 2023 – Credence Research 23 November 2016

According to a new market research published by Credence Research, the Global Internet Protocol Television (IPTV) Market (commercial and residential) was valued at US$ 30.64 Billion in 2015 and is expected to expand at a CAGR of 13.0% from 2016 to 2023. … Continue reading

Connected TV Usage Grows by 50% in the Past Year, Smartphone Usage Decreases 23 November 2016

While streaming OTT content, consumers prefer bigger screen around, especially for binge-watching. The connected TV adoption is smaller but is growing quickly. According to a recent study, the average number of connected TV in homes has increased by 50% from Q1 … Continue reading