OTT TV revenues to surge, approaching $120 billion by 2022, says Juniper Research
New data from Juniper Research has found that SVOD (Subscription Video on Demand) services, provided by the likes of Netflix and Amazon, will drive a surge in OTT revenues to reach $120 billion (€101.78 billion) in 2022, up from $64 billion (€54.28 billion) in 2017. The research also found that over a quarter of global households will subscribe to SVOD services by 2022. (more…)