OTT Sub Revenue Seen Reaching $31.9B in 2019

Juniper: Streaming Consumers Connecting via Smart TVs
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Subscriptions to over-the-top TV services, such as Netflix and Amazon Prime, will generate $31.9 billion by 2019, up from about $8 billion in 2014, according to a new report from Juniper Research.

The report found that traditional operatorrs are facing increased competition as more services go over-the-top, allowing distributors like Sling TV to provide customers with a cheaper, tailored alternative to cable TV, driving the trend for cord cutting.

By 2019, Juniper said, 84% of OTT subscriptions will be made via connected TVs and IPTV revenues are set to more than double between 2014 and 2019.

Read more at broadcastingcable.com.

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