Video revenues to touch $107 bn from $70 bn in 2017

Video revenue per home in 2017Global video revenues, including online, physical media and advertising, have reached $70.2 billion in 2017 and will touch $106.5 billion in 2021, according to a Strategy Analytics report.

Online revenues, including consumer spending and advertising, accounted for 84 percent of the total video market in 2017, compared to 52 percent in 2013.

Subscription VOD revenues rose by more than a third in 2017 and are forecast to reach nearly $50 billion by 2021.

Advertising alone now accounts for 38 percent of total video revenues.

The U.S. accounts for 47 percent of global online video revenue in 2017, followed by China (10 percent) and Japan (6 percent)

Physical media such as DVDs and Blu-ray Discs accounted for 16 percent of revenue in 2017, down from 76 percent in 2010.

Average annual video revenues per household vary greatly, from $270 in North America to less than $5 in Middle East and Africa.

Latest

More like this
Related

Global telecoms added 185 mn new 5G connections in first-quarter

Global telecom operators have added 185 million new 5G...

CTA Projects Significant Growth in U.S. Tech Industry Revenues for 2024

The Consumer Technology Association (CTA) has forecasted that retail...

Mobile DRAM and NAND Flash Prices Expected to Soar in 1Q 2024, TrendForce Reports

The first quarter of 2024 is poised to witness...

North American Optical Transport Market Sees 4% Contraction in 3Q 2023

Recent reports from Dell’Oro Group reveal a 4 percent...