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Live liner OTT video services to hit $7bn by 2021

According to a recent ABI Research forecast, revenues from live linear OTT video services is expected to grow at some $7 billion dollars of the worldwide revenue by 2021, from just a little more than $1 billion in 2016.

With OTT competition increasing in mature pay-TV markets significantly, service providers are decreasing their marketing on cable, satellite, and IPTV products in favor of new products that use OTT technologies to compete with Amazon and Netflix.

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