Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

European SVOD market to boom by 2022 14 February 2018

As per reports, European SVOD market to hit $6.8 billion mark in 2022, up from $3.9 billion in 2017. The primary factors contributing to this humongous growth are the growing prominence of OTT players such as Netflix, Amazon Prime etc.

With the debut of international OTT services such as HBO, Showmax, etc. and the local providers such as Sky’s Now TV, ProSiebenSat.1 Media’s Maxdome, etc. the online streaming industry will grow exponentially.

According to reports, total paid subscriptions in the European market will grow from 39.3 million in 2017 to 60.8 million in 2022. The compound annual growth rate of 9.1% is a representation of paid subscriptions to online video services.

Currently, the UK has Europe’s highest no. of SVOD subscriptions followed by Germany. Netherland(45.1%) and France(10.3%) stands at number third and fourth respectively.

The majority of local players in Eastern Europe adopt a hybrid AVOD/TVOD/SVOD model focusing predominantly on advertising to generate revenues.

Don't forget to share this post!


Latest Posts

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Related Blogs
How to Develop Your Own LG TV WebOS App Without Coding?

How to Develop Your Own LG TV WebOS App Without Coding?

  In 2021, LG TVs held an 18.9% share of the global television market. We don’t need to tell you...

20 January 2023
OTT Business Model 2023 - How OTT Platforms Make Money?

OTT Business Model 2023 - How OTT Platforms Make Money?

  Are you eager to know about How OTT platforms make money? In this blog, we will discuss how OTT...

18 January 2023
What Are The Different Types of Cyber Attacks on OTT Platforms?

What Are The Different Types of Cyber Attacks on OTT Platforms?

  Cybercrimes were predicted to inflict damages amounting to US$ 6 trillion in 2021. In that scenario, cybercrime would have...

17 January 2023
A Complete Guide to Growing Your Video Membership Site

A Complete Guide to Growing Your Video Membership Site

  The demand for video membership sites has grown exponentially over the past few years making it a highly profitable...

17 January 2023
[New Tutorial] Screen Share your Roku Device on your Laptop for Online Meetings [Zoom / GMeet]

[New Tutorial] Screen Share your Roku Device on your Laptop for Online Meetings [Zoom / GMeet]

  If you are a Roku App developer, then you must have faced the Roku TV Screen sharing issue multiple...

13 January 2023

Try Muvi One
Free for 14 days

Launch your Multi-Screen Streaming Service
Instantly
START FREE
close-link