European OTT video revenue to double by 2021
In case you’re still in any doubt as the media revolution happening around OTT services, recent research from Frost & Sullivan, is showing that the media industry in Europe is undergoing rapid transformation!
Increasingly ubiquitous connectivity, progressive consumers and regulatory initiatives around a digital single market (DSM) have intensified the competition among several international companies, local start-ups, pay-TV operators and broadcasters who offer OTT video services.
There are currently more than 450 service providers in the European ecosystem, so this is expected to consolidate as price wars and content wars intensify, eventually forcing smaller participants to exit or be acquired by the bigger ones.
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