Revenues from OTT services could triple to $12B by 2018, Ooyala-Vindicia report says

Revenue from "premium" U.S. OTT services will grow from $4 billion in 2014 to somewhere between $8 billion to $12 billion in 2018, according to a study conducted by London's MTM and commissioned by online video service providers Ooyala and Vindicia.

The study broadly defines premium OTT as everything from large SVOD providers like Netflix (NASDAQ: NFLX) to programmer-based services like HBO to niche suppliers including the WWE Network. The study says the growth is spurred by the fact that OTT infrastructure is largely in place. Consumers are also growing increasingly comfortable with OTT services. 

FierceOnlineVideo has a complete breakdown of the MTM study here. 

Suggested Articles

Altice USA is giving premium pay to its customer-interfacing employees during the coronavirus crisis, but not all cable technicians will qualify.

T-Mobile this week wrapped up the lengthy process of acquiring Sprint. With the deal done, the company may pick up where it left off on video.

The Hulu app is starting to roll out across the Comcast Xfinity X1 platform after last month showing up on the Xfinity Flex platform.