Global OTT Streaming Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Device Type;

Smartphones, Smart TVs, Laptops, Desktops and Tablets, Gaming Consoles, Set-Top Box, and Others

By User Type;

Commercial and Personal

By Revenue Source;

AVOD, SVOD, TVOD, and Others

By End User;

E-Commerce, Media & Entertainment, Education & Training, IT & Telecom, Health & Fitness, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn376875989 Published Date: May, 2025 Updated Date: June, 2025

OTT Streaming Market Overview


Global OTT Streaming Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 55.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)55.2 %
Market Size (2024)USD 935,039.73 Million
Market Size (2031)USD 20,280,193.07 Million
Market ConcentrationLow
Report Pages366
935,039.73
2024
20,280,193.07
2031

Major Players

  • Netflix
  • Amazon Prime Video
  • Disney+
  • Hulu (owned by Disney)
  • HBO Max (owned by WarnerMedia)
  • Apple TV+
  • YouTube Premium
  • Tencent Video
  • iQIYI
  • ViacomCBS

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global OTT Streaming Market

Fragmented - Highly competitive market without dominant players


OTT Streaming Market (USD Million)

OTT Streaming Market was valued at USD 935,039.73 million in the year 2024. The size of this market is expected to increase to USD 20,280,193.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 55.2%.

The OTT Streaming Market is undergoing significant transformation as viewers shift from conventional broadcasting to digital, on-demand platforms. Over 65% of global content consumers now favor OTT services, valuing the control, convenience, and variety they provide. The continuous rise of mobile streaming and improved digital infrastructure are accelerating this growth.

Dominance of Subscription Services
Consumer inclination toward subscription-driven content is shaping the OTT landscape, with about 55% of users actively choosing premium, ad-free models. This preference is fueling platform innovation in delivering exclusive shows and tailored recommendations, resulting in higher retention rates and longer engagement durations.

Preference for Platform-Specific Content
The push for original programming is intensifying, as 50% of viewers prioritize access to exclusive series and films. Platforms are responding with curated content strategies that address individual tastes and niche genres. Personalization, backed by data analytics, plays a pivotal role in elevating the user journey.

Innovative Features Driving Viewer Loyalty
Modern OTT platforms are integrating cutting-edge technology, including AI, adaptive streaming, and intuitive interfaces. With 60% of users citing tech features as a key selection criterion, services that emphasize ease of use, multi-screen support, and smart recommendations stand out in a crowded field.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Device Type
    2. Market Snapshot, By User Type
    3. Market Snapshot, By Revenue Source
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. OTT Streaming Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Internet Penetration
        2. Content Diversity and Original Productions
        3. Mobile Device Adoption
        4. Cord-Cutting Trend
      2. Restraints
        1. Content Licensing Costs
        2. Bandwidth Limitation
        3. Fragmented Market
        4. Regulatory Challenges
      3. Opportunities
        1. International Expansion
        2. Technological Advancements
        3. Partnerships and Collaborations
        4. Hybrid Business Models
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. OTT Streaming Market, By Device Type, 2021 - 2031 (USD Million)
      1. Smartphones
      2. Smart TVs
      3. Laptops
      4. Desktops & Tablets
      5. Gaming Consoles
      6. Set-Top Box
      7. Others
    2. OTT Streaming Market, By User Type, 2021 - 2031 (USD Million)
      1. Commercial
      2. Personal
    3. OTT Streaming Market, By Revenue Source, 2021 - 2031 (USD Million)
      1. AVOD
      2. SVOD
      3. TVOD
      4. Others
    4. OTT Streaming Market, By End User, 2021 - 2031 (USD Million)
      1. E-Commerce
      2. Media & Entertainment
      3. Education & Training
      4. IT & Telecom
      5. Health & Fitness
      6. Others
    5. OTT Streaming Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Netflix
      2. Amazon Prime Video
      3. Disney+
      4. Hulu (owned by Disney)
      5. HBO Max (owned by WarnerMedia)
      6. Apple TV+
      7. YouTube Premium
      8. Tencent Video
      9. iQIYI
      10. ViacomCBS
  7. Analyst Views
  8. Future Outlook of the Market