Written by: Roshan Dwivedi
With the growth in global streaming services, the OTT Monitoring & Compliance (M&C) market is all set to explode over the next five years. According to the new revenue projections, the technology market is predicted to grow at a CAGR of 15.8% and will touch $149.7 million by 2024.
The primary reason why the OTT M&C market is supposed to boost is mainly driven by the increasing demand for broadcast-quality streaming services. With this, the OTT service providers are expected to employ more volume of M&C vendors and will contribute to reducing the quality-based OTT churn levels in the industry.