India's video OTT platform outlook - Market to touch USD 12.5 bn by 2030, a report says; OTT revenue increases at a CAGR of 30.7%
"OTT industry is poised for aggressive growth prospects with access to better networks, digital connectivity and smartphones. OTT platforms in India have been increasingly attracting subscribers on a daily basis. Apart from top favourites Disney+ Hotstar, Amazon Prime Video and Netflix, the space is seeing a plethora of local and regional OTT players," a report by RBSA Advisors says
The report said the Indian video OTT market in India is expected to grow from USD 1.5 billion in 2021 to USD 4 billion in 2025 and further to USD 12.5 billion by 2030. Source: IANS