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OTT Market to Surpass $64 Billion by 2021

According to a recent TechSci Research Report, Global over-the-top (OTT) market is projected to surpass $67 billion by 2021 as consumers are rapidly adopting online media content over different internet connected devices such as smart devices, laptops, smart TV, etc.

The report states that growing inclination towards online video streaming platforms, cloud computing and coupled with online gaming inclination, OTT market will experience massive growth in the coming years. Growing global cloud computing market is expected to grow at $466 billion by 2021 and is expected to show a positive impact on the OTT market.

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