Written by: jyoti
As per an online research, the video on-demand streaming industry is expected to grow five years from now. On demand, video subscriptions are expected to jump from the current 1.1 billion to 1.6 billion by 2025. The subscription growth for Pay TV will not move further than one billion, however, when it comes to earning revenues, Pay TV will retain the highest position.
The research also states that online users’ dependency for on-demand services are increasing with the usage of services, for instance in the US, online viewers invested close to 8.71 video services.