Outlook on the Media & Entertainment Global Market to 2026 - Growing Need for Fast Internet Connectivity With Ultra-Low Latency for OTT Media is Driving Growth - ResearchAndMarkets.com
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Monday, March 1, 2021
With consumers across all age groups streaming more content than ever before, there is an ongoing dynamic shift from traditional pay TV, to subscription-based paid streaming video services along with the growth in the number of smartphone & tablet devices.
Key Points:
- With consumers across all age groups streaming more content than ever before, there is an ongoing dynamic shift from traditional pay TV, to subscription-based paid streaming video services along with the growth in the number of smartphone & tablet devices.
- The rising popularity of high-quality videos in terms of their clarity is expected to boost the demand for better streaming media services.
- Integration of new OTT services across the already existing subscription-based streaming devices among the US household is expected to drive the media & entertainment sector across the region.
- Such high deployment of the OTT services across the region is expected to drive the demand of the video & entertainment industry.