OTT media consumption is driving telco growth

 

The past months have witnessed a huge growth in OTT media consumption and this represents a great opportunity for mobile operators. Over The Top is a way to provide digital and film contents over the internet following the request of individual customers. In 2019, its market size was valued at $121.61 billion and this number is expected to reach $1,039 billion by 2027. This means that it will grow at a CAGR of 29.4%. Telecommunication companies across the world have been collaborating with OTT providers to make the most of direct operator billing revenue.

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More people are consuming OTT content 

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