SVOD to drive African OTT revenues to $1.7BN by 2026
| 11 January 2021 Mainly driven by a strongly growing subscription video-on-demand sector, African OTT movie and TV episode revenues will reach $1.725 billion by 2026, up from $392 million in 2020, according to a study from Digital TV Research. The Africa OTT TV and Video Forecasts report noted that SVOD would be the main revenue driver by a long way with its revenues set to reach $1.480 billion by 2026 leaping massively from the $299 million in 2020. While Netflix was said to have accounted for 57% of the region’s SVOD subscribers by end-2020, its share is forecast to fall to ...
Source: rapidtvnews.com