TMCnet News
Africa OTT TV and Video Forecasts Report 2024, Featuring Netflix, Showmax, Disney+, AittelTigo, Globalacom, StarTimes and MoreDUBLIN, Feb. 29, 2024 /PRNewswire/ -- The "Africa OTT TV and Video Forecasts 2024" report has been added to ResearchAndMarkets.com's offering. Sub-Saharan Africa will have 16 million paying SVOD subscriptions by 2029, up from 7 million at end-2023. South Africa and Nigeria will supply 59% (9.4 million) of the region's total. However, SVOD penetration will still be low by 2029, with only 7.1% of TV households paying for at least one subscription - although this is up from 4.7% at end-2023. Netflix will remain the SVOD market leader, with 6.9 million subscribers by 2029. Showmax will be the second largest platform with 3.7 million paying subscribers. With its roll-out expected to be limited to South Africa, Disney+ will only have 905,000 subscriptions by 2029. Simon Murray, Principal Analyst said: "SVOD is a battle between Netflix and regional player Showmax. Rich in local content and sports rights, Showmax now has access to NBCUniversal, Sony Pictures and HBO content. Showmax's parent MultiChoice recently rejected a takeover bid from Canal Plus." The report covers OTT movie and TV episode developments and comes in two parts:
Countries covered:
For more information about this report visit https://www.researchandmarkets.com/r/7ffk3p About ResearchAndMarkets.com Media Contact: Research and Markets For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1904 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg View original content:https://www.prnewswire.com/news-releases/africa-ott-tv-and-video-forecasts-report-2024-featuring-netflix-showmax-disney-aitteltigo-globalacom-startimes-and-more-302075986.html SOURCE Research and Markets |