The OTT streaming of TV episodes and movies in the Middle East and North Africa will generate revenues of $5.7 billion by 2028, up from $2.8 billion last year, according to Digital TV Research.
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By 2026, there will be 15.06 million paying SVOD subscribers in Africa, three times the 5.11 million expected at the end of this year, Digital TV Research projects.
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The number of SVOD subscriptions across 20 markets in the Middle East and North Africa will rise from 14.16 million last year to 32.65 million by 2026, according to Digital TV Research.
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SVOD revenues in the Middle East and North Africa (MENA) are expected to triple between 2018 and 2024 to reach $2.1 billion, according to Digital TV Research.
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Netflix is expected to continue to dominate the SVOD market in the Middle East and North Africa (MENA), according to Digital TV Research, which projects that the region will have a total of 20.8 million SVOD subscribers by 2023, up from 5.2 million at the end of last year.
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There will be some 10 million SVOD subscribers across Sub-Saharan Africa by 2023, up from 1.6 million at the end of last year, according to Digital TV Research, but revenues from that base will only reach $775 million.
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