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Asia Pacific OTT TV and Video Forecasts 2016-2021 - SVOD Revenues Will Rocket From $1,816 Million in 2015 to $6,439 Million in 2021 - Research and MarketsDUBLIN, May 20, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Asia Pacific OTT TV and Video Forecasts" report to their offering. (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO) OTT TV and video revenues for 17 countries in the Asia Pacific region will reach $18,396 million in 2021; up from $707 million in 2010 and $5,741 million in 2015. The Asia Pacific OTT TV & Video Forecasts report estimates that China will overtake Japan in 2016 to become market leader. Simon Murray, Principal Analyst, explained: Smartphone users will continue to drive OTT TV & video audiences. Smartphones are a more important OTT TV reception method than fixed broadband in the Asia Pacific region - with the notable exceptions of Australia and New Zealand. Advertising on OTT sites will remain the main revenue source, bringing in $8,745million by 2021 - up by $6 billion from $2,609 million on 2015. China will supply $4,911 million of the 2021 total, with Japan providing a further $1,475 million. SVOD revenues will rocket from $1,816 million in 2015 to $6,439 million in 2021. China will add $1,838 million in revenues between 2015 and 2021 - nearly sextupling its total. SVOD, Ad-supported, rental/pay-per-view and download-to-own/electronic sell-through) for 17 countries, including:
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