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17% people in the US are dependent on SVOD platforms to watch Video

According to reports, 17% of the U.S. consumers rely solely on SVOD services to watch online videos which are 6% up than the previous year’s number. While the millennials prefer to stream online videos and 42% of adults aged 25 to 34 subscribe to three or more video streaming services, as per studies young adults …

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Asian VOD market set for a rise

According to reports, online video content will rise rapidly in Asia for the next five years. The online video is expected to rise up to 20% of total video industry revenues by 2023, up from 9% in 2017, due to an increase in content spending by 5% per year in the Mainland China market. The …

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