According to AVIA’s latest study, 75% of users of premium OTT services (such as Netflix, Vidio, Viu and WeTV) said they offer the best quality content, higher than users of any other category of video.
The pay TV service revenue in Indonesia is set to increase at a compounded annual growth rate (CAGR) of 4% from US$1.2 billion in 2022 to US$1.5 billion in 2027, forecasts data and analytics company GlobalData.
Netflix presented seven new upcoming Indonesian titles, spanning sci-fi thriller, comedy and period drama, during its Waktu Netflix Indonesia (Time for Netflix Indonesia) event.
In the Asia-Pacific region, viewing of horror TV and film on Netflix grew by 20% from 2020 to 2021. Over the same period, viewing hours of horror content in Southeast Asia increased by over 40%.
Pay TV service revenue in Indonesia is set to grow from US$497 million in 2020 to US$633 million in 2025, at a compound annual growth rate (CAGR) of 5%, mainly supported by the growing DTH and IPTV subscriptions, according to GlobalData.