Rapid TV News – Asia Pacific OTT revenues to grow by $15BN

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Despite headwinds expected in the region’s two major territories over the time period, Asia Pacific OTT TV episodes and movie revenues are projected to reach $49 billion in 2029 up from the $34 billion that is forecast for 2023. says a study from Digital TV Research.
Among the notable findings in the Asia Pacific OTT TV and Video Forecasts report was that China, the world’s second largest OTT market was maturing rapidly. India was seen as experiencing a shake-up in its subscription video-on-demand (SVOD) sector.

In all, the analyst believes that China will account for 39% of the region’s total revenues by 2029, down from 47% in 2023 as other countries grow faster. China is reaching SVOD maturity and is rated as having a poor AVOD sector at present. India’s SVOD was disrupted by Indian Premier League…



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