Tag: SVOD

Growth in the U.S. OTT sector has slowed dramatically, Digital TV Research notes, particularly in the SVOD space, which is set to add just $2 billion from this year to reach TV episode and movie revenues of $55 billion in 2029.

Netflix and Prime Video both saw drops in the penetration levels of their services in the U.K. in the second quarter, per new BARB data.

The number of SVOD subscribers in Africa is expected to reach 18 million by 2029, up from 8 million at the end of this year, per new Digital TV Research projections.

There is still room for growth in the global SVOD space, Digital TV Research says, projecting the addition of 400 million subscribers between 2022 and 2028 to reach 1.76 billion.

The average annual household spend on film and TV in the U.S. is expected to have peaked at $1,150 last year, per new data from Ampere Analysis, with both SVOD expenditure declining and cord-cutting increasing.

New forecasts from Digital TV Research project that global SVOD revenues will rise from $99 billion last year to $124 billion by 2028.

For the first time, American adult consumers will spend more time on digital video this year than with traditional TV, per new data from Insider Intelligence.

SVOD services will shell out some $8.5 billion on sports rights this year, according to Ampere Analysis, a 64 percent increase on last year.

Despite cost-of-living concerns and intensifying competition, online video subscriptions will continue to rise this year, per Omdia, growing to 1.7 billion.

SVOD revenues globally will rise to $321.9 billion in 2030, up from $105.7 billion last year, according to a new report from MIDiA Research, driven in part by gains in the Asia Pacific.