Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Singapore VOD market to triple in 5 years

Asia-Pacific VOD markets are expected to grow big over the next half-decade. The British analysis company – Digital TV Research recently researched the Over the Top video market in the region and forecasts that it will triple in size, going up from $ 8.27 billion today to $ 24.4 billion by 2022.

It’s also been predicted that the overall OTT business in the region is growing at a 21% CAGR, expanding from $17.6 billion in 2017 to $46 billion by 2022.

Currently Asian theatrical consumption accounts for 70 – 80 % of a film’s revenues, which is likely to come down offer an opportunity for Asian filmmakers to go over the top.

Tags

Latest Tweets

Join Us On Facebook

Subscribe to our Newsletter


We use cookies for best experience on website. By using our site you agree to

Cookies Policy