06 Jun PwC: OTT Video Revenue to Climb to $30.6B in 2022 [Multichannel News]
By Mike Farrell
June 5, 2018 | PricewaterhouseCoopers predicts that OTT video revenue, which grew 15.2% in 2017, will rise at an 8.8% annual clip from 2018 to 2022, fueled by increased growth internationally and the focus on original content.
According to PwC’s Global Entertainment and Media Outlook 2018-2022 report, the researcher said total OTT revenue reached $20.1 billion in 2017, a 15.2% increase over the prior year. That pace should slow slightly to 12.2% in 2018, when total revenue is expected to reach about $22.6 billion. By 2022, PwC predicts total OTT video revenue will grow to $30.6 billion.
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