European VoD market worth €6.25bn
The New ITMedia Consulting Report
After a boom year in 2017, the European VoD market will see significant growth over the next four years, but short of the peaks of recent years, with the exception of Southern Europe, especially Italy..
Total revenues for the VoD sector in Western Europe will amount to €6.25 billion in 2018, growing at a 12 per cent CAGR and reaching €8.81 billion in 2021, according to a report from Rome-based consultancy ITMedia Consulting.
The report indicates that revenues from SVoD in Western Europe will increase steadily, with an average annual growth rate of 15 per cent, while TVoD will grow much less, decreasing in importance in the coming years. As a result, in 2021 SVoD will account for 81 per cent of total revenue, with TVoD representing the remaining 19 per cent […].
Branislav Pekic, Advanced-Television.com, July 9, 2018
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