Report: Online Video Set to Boom

According to Digital TV Research, global online TV and video revenues will reach $28.72 billion in 2017, up from the $3.79 billion recorded in 2010 and the $11.14 billion expected in 2012. The research house's report (which covers fixed broadband, but not smartphones or tablets) says the over-the-top (OTT) TV sector is on the brink of a huge takeoff as the key players expand globally, companies consolidate and as new partnerships are announced on a daily basis.

By 2017, 480 million homes in 40 countries are expected to watch online TV and video, up from 182 million in 2010. By 2017, 64.6% of the world’s 745 million fixed broadband homes are expected to view TV and video online, up from 33.5% of the 473 million fixed broadband total in 2010.
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