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VOD was the fastest growing segment but still accounted for only 6% of the market in 2015

Roshan Dwivedi Published on : 08 June 2016

Linear programming accounted for 89.5% of global audiovisual services revenues, which totaled €409.7 billion, in 2015.

According to Idate’s DigiWorld Yearbook 2016, this represented a respectable 2.5% increase on the previous year, with the market as a whole growing by 3.1%. Meanwhile, Video on Demand services was the fastest growing segment (26.5%) but still accounted for only 6% of the market in 2015.

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Despite its good performance in 2015, linear TV experienced weaker growth than in previous years. This averaged 3.3% per annum between 2012 and 2015. Moreover, although still steady, VOD market growth is decreasing.
Idate forecasts that these trends will continue, with the TV sector as a whole growing annually by 3% between 2016 and 2020. Both linear (2.2%) and VOD (15.7%) will see slower rates of growth and at the same time hard copy sales and rentals will continue to decline (-10.2%).

To read more about it please click here

Written by: Roshan Dwivedi

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