The global OTT video market reached nearly US$ 11 billion in 2013 revenue. The global video subscription business (cable, satellite, telco TV) is an order of magnitude larger.
Netflix now has 40 percent of the United Kingdom over the top streaming video market, according to ABI Research.
Tuesday, January 28, 2014
Over the Top Video Now Generates $11 Billion in Subscriber Fees Globally
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
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