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

Faster Internet to drive APAC OTT market 18 October 2017

OTT video market in APAC region is set to grow owing to the better bandwidth, 4G coverage, smartphone and pay-TV penetration, payment options, and rising per capita income. According to a recent report from GlobalData, these factors collectively expected to drive the OTT video market in this region.

The share of 4G mobile connections was pegged at 26.2 percent of the region’s total at the end of 2016, which is expected to surge to 53.9 percent by 2022, offering ample opportunities for OTT players in the years to come.

GlobalData analyst Malcolm Rogers said: “OTT players can expect rosy days ahead in APAC region. Apart from expansion of 4G, the availability of low priced smartphones and a sizable population of internet users in the region will also support the growth of OTT video market.”

Big players such as Netflix and Amazon have entered the APAC region in 2016. Local players such as Viu, Hotstar, and iFlix are strategizing to expand their user base by combining international content to their local content for low priced monthly plans. In order to beat the competition, some OTT providers have started focusing on providing enhanced user experience in terms of HD/UHD, linear and AR/VR content.

Expansion of LTE and the introduction of 5G will also give a further boost to the market, as the OTT players will be able to provide enhanced user experience in terms of HD/UHD, linear and AR/VR content going forward.

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
Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Muvi – the world’s first no-code OTT platform is ready to showcase its powerful features at the NAB Show 2023,...

23 March 2023
The Importance of Security in eLearning Platforms

The Importance of Security in eLearning Platforms

  In recent years, eLearning has become increasingly popular as a means of accessing education and training online. With the...

20 March 2023
Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

  Celebrating 100 years of broadcast media and entertainment innovation, NAB 2023 is just a few days away. The best...

17 March 2023
5 Reasons to Meet Muvi at the NAB Show 2023, Las Vegas

5 Reasons to Meet Muvi at the NAB Show 2023, Las Vegas

  Muvi – the world’s most easy-to-use no-code streaming service provider, is gearing up to showcase its latest features at...

16 March 2023
On Premise Vs Cloud: Which is Best for your Video Business?

On Premise Vs Cloud: Which is Best for your Video Business?

  On premise Vs cloud – in order for us to determine which is best for the video business, first...

13 March 2023




 

Book a Meeting
close-link