Title: marketreportsupdates (73)
1Over the top (OTT) Market to Reach USD 128
Billion By 2026
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2Market Size USD 40 billion in 2018, Market
Growth - CAGR of 14, Market Trends Increasing
use of internet technology, increasing adoption
of cloud media processing, a high tendency
towards social mediaThe over-the-top (OTT)
market is expected to grow from USD 40 billion in
2018 to USD 128 billion by 2026, at a CAGR of 14
during the forecast period. The rapid
proliferation of smartphones and portable
devices, very low or no cost of availing OTT
services with a growing tendency towards original
content and live video streaming is expected to
drive the growth of OTT market.
Market Summary
- Further key findings from the report suggest
- The over-the-top (OTT) market is expected to grow
from USD 40 billion in 2018 to USD 128 billion by
2026, at a CAGR of 14 during the forecast
period. - Increase in penetration of smartphones has
provided easy access to the OTT services over the
internet, e., the user can use these services at
any time and place, thereby playing a big role in
market growth.
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3 Market Summary
Key Players
Key players in the over-the-top Market include
Apple Inc. (US), Facebook Inc. (US), Google Inc.
(US), Akamai Technologies (US), Netflix (US),
Amazon (US), Microsoft Corporation (US), Tencent
Holdings Ltd. (China), Limelight Networks Inc.
(US), Yahoo Inc. (US), and Nimbuzz (Netherlands),
among other players.
Segmentation
Type of Content (Revenue, USD Million
20182026) Voice over IP Text and Image Audio and
Video Platform (Revenue, USD Million
20182026) Smart Devices Laptops and Desktops Set
Top box Gaming Consoles
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4 Market Summary
- Regional Outlook for Assessment Services Market
analyses the following geographies - North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and
Southeast Asia) - South America (Brazil, Argentina, Colombia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt,
Nigeria, and South Africa)
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5 The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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