Global consumer spend on subscription video-on-demand services is due to grow by 28.1% in 2014 and 18.2% 2015, according to Gartner stats.
The research firm claims that, of all the video services that see consumers pay the service provider directly, SVOD has the strongest growth potential – even though the market conditions differ by region.
“While North America and Western Europe will drive overall spending on S-VOD services, they are the slowest growing markets globally,” said Gartner principal research analyst, Fernando Elizalde.
Spending on SVOD services in North America is expected to grow 28.5% and in Western Europe 18.6% in 2014. In the emerging regions, Gartner estimates that SVOD spending will grow 53% in 2014.
“Gartner estimates that households spend anywhere between US$6 and almost US$10 on average per subscription worldwide. The spending varies somewhat regionally with emerging Greater China, Sub-Saharan and Asia Pacific countries paying the least per subscription,” said Elizalde.
EBU names new head of Brussels office digitaltveurope.com/2020/07/13/ebu… https://t.co/T9qhwwct8z
13 July 2020 @ 14:30:00 UTC
SPI International/Filmbox takes raft of channels to Net1 digitaltveurope.com/2020/07/13/spi… https://t.co/r159aLGTYX
13 July 2020 @ 14:00:01 UTC
No more blanket football broadcasting in post-pandemic UK, claims report digitaltveurope.com/2020/07/13/no-… https://t.co/DlQIWiwEdg
13 July 2020 @ 13:42:42 UTC
AfricaCom and AfricaTech become virtual events as part of new Virtual Africa Tech Festival digitaltveurope.com/2020/07/13/afr… https://t.co/w40gFl7p05
13 July 2020 @ 11:33:07 UTC