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(IT-NEWSWIRE.COM, September 15, 2017 ) Over-the-Top services are steadily gaining traction in APAC, but succeeding in a highly diverse and price-sensitive market will entail a thorough understanding of consumer preferences and motives. A new report, “OTT Video Market in Asia-Pacific: Research Reports September 2017”. Localized content and business models are key while mobile will offer opportunity for future video growth” has been added to the vast repository of Market Research Hub (MRH). This report offers a comprehensive analysis on the OTT services in APAC.The report has thoroughly studied the key OTT service providers operating in APAC. The players have been profiled and analyzed on the basis of key parameters, including challenges, opportunities, business models, and content offerings.
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The success of OTT services in any market depends upon a host of factors, with viewer awareness and receptiveness among the key factors. Smartphone ownership, cellular and broadband penetration levels, and pay-TV subscription are the other key factors that influence the scope of OTT video services in a market. The APAC region remains diverse, with a significant variation in internet and broadband penetration levels. Further, owing to lax piracy laws, a significant section of the consumer base is habitual of downloading pirated copies from the internet. In view of these factors, many OTT video service providers are using a mix of AVOD and SVOD to consolidate their position.
According to the report, content remains an integral part of overall viewer experience in APAC. OTT video service providers have realized the importance of high-quality content, as a result of which, content production has gained prominence. Further, increase in smartphone ownership and launch of 4G services in several APAC countries are leading to collaboration between telecom service providers and OTT video service providers.
The report offers lucid insights into the OTT video market, including a general analysis on business models. A detailed taxonomy of the market is also offered to the readers. Detailed insights on OTT video service providers in APAC region are also provided to readers. Information on penetration of pay-TV, and opportunities in the mobile OTT are offered to readers. In a bid to give readers insights on infrastructure and socioeconomic factors influencing demand, a Market Attractiveness Index is offered in the report.
Strategies of the four key OTT video service providers have been discussed in the report in the form of four case studies. The key OTT video service providers profiled in the case studies include Netflix, iflix, Viu, and Hotstar.
Browse Full Report With TOC: http://www.marketresearchhub.com/report/ott-video-in-asia-pacific-localized-content-and-business-models-are-key-while-mobile-will-offer-opportunity-for-future-video-growth-report.html
Further, the report offers recommendations on few strategies that can help existing and new entrants to consolidate their position. According to the report, OTT service providers in countries that have low OTT readiness can commence with AVOD services to raise awareness and interest among viewers. The report comments that this strategy has helped Hotstar and Viu in gaining a significant foothold in the APAC OTT video services market. However, AVOD as a business model is likely to face a lot of challenges, on account of high cost of content acquisition. Further, relying on one particular form of content may not work, and OTT service providers may have to rely on a mix of local and international content to appeal to a wider target audience.
Enquire About this Report: http://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=1319723
About Market Research Hub
Market Research Hub (MRH) is a next-generation reseller of ICT market reports and analysis. MRH’s expansive collection of reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
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