Seattle, WA -- (SBWIRE) -- 11/04/2019 -- Over-the-top services refer to movies and TV shows that are delivered directly to digital users and it does not require cable or satellite television subscription. OTT content can be directly downloaded and viewed on user's demand. This type of content includes movies and TV services and is delivered directly over the Internet to connected devices such as PC, tablet, smartphone, and console. Presently, over-the-top services are at a relatively nascent stage and are widely accepted as a trending technology across the globe. The over-the-top market is projected to witness innovative and advance transformation, which enable the customers to access everything they want at a single space.
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The smartphone segment dominated the overall over-the-top market in 2017 and is expected to remain dominant during the forecast period, due to increase in adoption of smartphones to stream over-the-top services and growth in potential market for larger screen smartphones in developing economies. Also, the segment is expected to witness high growth rate in the upcoming years due to advent of affordable android-based smartphones, which have democratized online gaming and brought gameplay to millions of smartphone users.
key and emerging market players include Alphabet Inc.,Amazon.com Inc., Microsoft Corp., Netflix Inc. and The Walt Disney Co
The report focuses on the growth prospects, restraints, and OTT market trends. The study provides Porter's five forces analysis of the OTT industry to understand the impact of various factors, such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the OTT market growth.
The Over-the-top services Market report offers you perceptive data of the market and highlights its commercial landscape
It evaluates production processes, major bottlenecks, and solutions to reduce risks associated with R&D
The Over-the-top services Market report highlights pivotal factors that propel and hinder the market growth
It focuses on major growth strategies adopted by leading market players
The Over-the-top services Market report accurately projects the global market value and regional share during the forecast period
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