YouTube is the top video service provider in key markets, and simultaneously, there is strong growth in other social video platforms and Free ad-supported television (FAST) services.
Consumer appetite for subscription streaming services has transformed the industry over the past decade, but new data from Omdia has found a notable shift in subscription video on demand “stacking” behavior.
Amagi launched its ninth Quarterly Global FAST Report, which confirms that 2023 has been a successful year for the FAST sector. By 2027, OMDIA projects will grow to $12 billion in revenue, and Statista expects it will reach 1.1 billion users.