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Global OTT devices and services market to grow at 20.6% CAGR amid 2016-2020

According to a new report released by Research and Markets, the global OTT devices and services market to grow at a CAGR of 20.6% during the period 2016-2020. The report stated Amazon, Apple, Facebook, Hulu and Netflix to remain the key vendors in this period.

The report also stated that the growing production of in-house web series will be a key driver for market growth. The report talked about a New Zealand’s official OTT channel that launched an in-house web series in 2016, aimed at encouraging young rural population in the country to opt for a career in agriculture.

Access the entire report here.

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