India to be among top 10 video OTT market by 2022

$823 mn – India's Video OTT market set to reach in next 3 years


Video OTT market

Video OTT market is expected to thrive on the back of uninterrupted connectivity and mobile devices becoming the primary source of content consumption, an Assocham-PwC joint study said  

$823 mn – India's Video OTT market set to reach in next 3 years

22.6% – CAGR of video OTT market seen during 2017-22

10.1% – global video OTT market CAGR seen during 2017-22

859 mn – estimated smartphone users by 2022

$22 – billion India's television industry growth expected to reach in 2022

Internet consumption is clearly on the rise in India. The important factor for the VoD industry is the availability of devices that are compatible with online video viewing. A large volume of consumption occurs on smartphones," – The report added