Uploaded on May 20, 2021
The global over-the-top services market size is anticipated to reach nearly USD 210 billion by 2025. In addition, it is expected to exhibit a CAGR of over 15% during the forecast period 2018-2025. Over the Top (OTT) service denotes any type of streaming of media or video which offers access to TV shows or movies directly over the internet to the viewers.
Global Over-The-Top Services Market : Industry Analysis and Forecast (2021-2025) – by Type, Application, and Region
Adroit Market Research
Over-The-Top Services Market
by Streaming Device (Smartphones, Personal Computer and Tablets, Smart
TV, Gaming Consoles, and Others), Content Type (Video, Music, Gaming,
Communication, and Others), Revenue Model (Advertisement-Based,
Subscription-Based, and Transaction-Based), End Users (Gaming, Media and
Entertainment, Education, IT & Telecom, and Others) and by Region, Global
Forecast, 2018 to 2025
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Adroit Market Research
Over-The-Top Services Market Size to reach $210 billion by
2025
• Increasing adoption of online streaming services are the major factors driving the growth of the over-the-top services
market
• The global over-the-top services market size is anticipated to reach nearly USD 210 billion by 2025. In addition, it is
expected to exhibit a CAGR of over 15% during the forecast period 2018-2025. Over the Top (OTT) service denotes any type
of streaming of media or video which offers access to TV shows or movies directly over the internet to the viewers. The
major providers of Over-the-Top service providers are Amazon Prime Video, Hulu, and Netflix. Some of the major features
that OTT services provide are original content, premium content at low cost, and compatibility wide range of devices.
• The existing and future over-the-top services market developments are defined to define the attractiveness of the market.
Key impacting factors highlight the over-the-top services market opportunities throughout the forecast period. Factors
such as the advancements in consumer electronics devices are driving the market growth. Also, the growing adoption of
smartphones and the proliferation of internet services across the globe is the key factor in boosting the global over-the-top
services market growth.
• Moreover, increasing adoption of online streaming services is also fuelling the market growth of over the top services.
However, the availability of freemium over the top service models is expected to hamper the market growth. Furthermore,
the advent of 5G connectivity is expected to be opportunistic for the market in the forthcoming years.
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Adroit Market Research
Over-The-Top Services Market Size to reach $210 billion by 2025
• The report also highlights numerous aspects of the global over-the-top services industry by evaluating the market
through value chain analysis. Besides, the over-the-top services market report covers various qualitative aspects of the
over-the-top services industry in market drivers, restraints, and key industry opportunities. Furthermore, the report
offers a complete assessment of the market competitiveness along with company profiling of local as well as global
vendors.
• The over-the-top services market has strong competition among the pre-established and new emerging players. Also, the
over-the-top services industry players are targeting prospective markets to capture a competitive advantage over the
other industry players by forming agreements, mergers & acquisitions, acquiring new startups & other companies,
forming collaboration and partnerships, and expanding their business presence.
• Based on the content type segment, the market is segmented into video, music, gaming, communication, and others. The
video segment is anticipated to experience the highest market growth in the forthcoming years due to the growing
demand for online content and video-on-demand services among teenage and young populations.
• On the contrary, the gaming segment leads the market growth in 2019 and it is expected to keep its dominance
throughout the forecast period. The growth of this segment is mainly attributed to the growing adoption of OTT services
among gaming companies to release and deliver games online.
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Adroit Market Research
Over-The-Top Services Market Size to reach $210 billion by
2025
• The Asia-Pacific region is projected to experience the highest growth throughout the forecast period. The growth of this
region is majorly based on the growing adoption of smartphones and the increased enhanced speed of internet
connection in this region.
• However, the North American region dominated the overall market in 2019 and it is expected to hold its position
throughout the forecast period 2018-2025. The dominance of this region mainly attributed to the significant investments
made by the government in new technologies.
• The major players of the global over-the-top services market are Amazon.com, Google, Microsoft, Apple, Roku, Netflix,
YouTube, Facebook, Hulu, and Roku. Moreover, the other potential players in the over-the-top services market are Home
Box Office, Indieflix, Tencent, Vudu, and Rakuten.
• The recognized companies are coming up with innovative and new over-the-top services and solutions. For instance, in
September 2019, Apple announced the launch of Apple TV+ in India. Apple TV+ is an on-demand video subscription
service that is available through the Apple TV app to the users at less than $2 per month.
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Adroit Market Research
Segment Overview of Global Over-The-Top Services Market
Streaming Device Overview, 2018-2025 (USD Billion)
• Smartphones
• Personal Computer and Tablets
• Smart TV
• Gaming Consoles
• Others
Content-Type Overview, 2018-2025 (USD Billion)
• Video
• Music
• Gaming
• Communication
• Others
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Adroit Market Research
Segment Overview of Global Over-The-Top Services Market
Revenue Model Overview, 2018-2025 (USD Billion)
• Advertisement-Based
• Subscription-Based
• Transaction-Based
End Users Overview, 2018-2025 (USD Billion)
• Gaming
• Media and Entertainment
• Education
• IT & Telecom
• Others
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Adroit Market Research
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