The SVOD service revenue in India is expected to grow at a robust compounded annual growth rate (CAGR) of 15.9% from US$0.9 billion in 2020 to US$1.9 billion in 2025, according to data and analytics company GlobalData.
The Berlin-based company has successfully developed and produced cinema and documentary movies since 2008 and has established its series unit Flare Entertainment in 2020.
The number of broadband households increased by 1.35 million during the second quarter in 2020, and by only 900,000 this year. Despite the slowed progress, increases are expected to continue.
The number of UK households with a subscription to any subscription video-on-demand service is now 18.8 million homes (66%), up from 17.4 million during the third quarter of 2020, according to BARB.
The global smart TV market was valued at US$143.6 billion in 2020 and is expected to reach US$436.2 billion by 2028 at a CAGR of 15.3% between 2021 and 2028, according to Coherent Market Insights.