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Western Europe OTT TV and Video Forecasts 2018-2023: Revenues will Reach $23.02 Billion in 2023; More than Double the $9.84 Billion Recorded in 2017DUBLIN, Sept. 12, 2018 /PRNewswire/ -- Research and Markets The "Western Europe OTT TV and Video Forecasts" report has been added to ResearchAndMarkets.com's offering. Western European OTT TV episode and movie revenues will reach $23.02 billion in 2023; more than double the $9.84 billion recorded in 2017. Revenues for 18 countries are expected to climb by $2.63 billion in 2018 alone. The UK is the largest OTT revenue earner in the region by some distance. Its $2.98 billion generated 30% of the 2017 total. The UK's $6.80 billion in 2023 will represent a similar proportion. SVOD became the region's largest OTT revenue source in 2016 by overtaking AVOD. SVOD's share of the total will reach 54% by 2023, up from 45% in 2017. SVOD revenues will almost triple by reaching $12.47 billion in 2023 - up from $4.44 billion in 2017. The UK will remain the SVOD revenue leader by some distance - generating as much as second-placed Germany and third-placed France combined by 2023. The report comes in three parts:
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For more information about this reportvisit https://www.researchandmarkets.com/research/l5r57g/western_europe?w=5 Media Contact: Laura Wood, Senior Manager View original content to download multimedia:http://www.prnewswire.com/news-releases/western-europe-ott-tv-and-video-forecasts-2018-2023--revenues-will-reach-23-02-billion-in-2023-more-than-double-the-9-84-billion-recorded-in-2017--300711419.html SOURCE Research and Markets |