OTT platforms are the platforms that gave access to content over the internet. The growth of the over the top has seen a huge hype in the time of Covid-19 restriction and these restrictions have given support to the growth of OTT platforms throughout the world.
When we compare the global OTT, it shows a clear indication of the huge growth and growth potential in the platform. The OTT market was valued at around $121.61 billion in 2019 and is going to reach around $1,039.03 billion by 2027. The revenue to reach out to the annual growth rate of 11.01%. All this growth will result into a projected market value of US$427.765 billion by 2026.
