Digital TV News: Tencent

Tencent Video available in NetRange Smart TV app store
Jun 30, 2022 – NetRange has announced that it has been selected by Tencent Video to power the international expansion of its WeTV service by reaching new Smart TV and connected device users through the NetRange Smart TV App Store.
News categories: ACCESS CO, NetRange, WeTV, Michi Uemetsu, Apps, China, Digital TV, Smart TV, Streaming, Worldwide

Asia Pacific OTT revenues to climb by $20 billion
Mar 24, 2022 – According to Digital TV Research, Asia Pacific OTT TV revenues will reach $52bn in 2027, up 62% from the $32bn recorded in 2021. Of the additional revenues, China will add $3bn, India $3bn, South Korea $3bn and Japan $5bn.
News categories: Digital TV Research, Simon Murray, Australia, China, Digital TV, India, Japan, Korea, Market Research, Streaming

CDN market expected to more than double to $23.9 billion by 2030
Mar 22, 2022 – ABI Research expects the global CDN market to more than double by 2030, reaching $23.9 billion. The growth is driven in part by services beyond core content delivery and caching. The buildup to the metaverse will create additional growth opportunities.
News categories: ABI Research, Michael Inouye, Content Distribution, Digital TV, Market Research, Worldwide

Global SVOD subscriptions to grow by 550 million between 2021 and 2027
Feb 22, 2022 – According to Digital TV Research, Global SVOD subscriptions will increase by 550 million between 2021 and 2027 to reach 1.75 billion. China and the US will together account for 48% of the world’s total by 2027.
News categories: Digital TV Research, Simon Murray, Digital TV, Market Research, Streaming, Subscribers, Worldwide

Global SVOD subscriptions to reach 1.6 billion in 2026
Sep 30, 2021 – According to Digital TV Research, global SVOD subscriptions will increase by 491 million between 2021 and 2026 to reach 1.64 billion. China and the US will then together account for 49% of the total.
News categories: Digital TV Research, Simon Murray, Digital TV, Market Research, Streaming, Worldwide

Nearly 700 million SVOD subscribers for Asia Pacific in 2026
Sep 9, 2021 – According to Digital TV Research, the Asia Pacific region will have 698 million SVOD subscriptions by 2026, up from 502 million at end-2021. China will be providing 354 million of the subscriptions in 2026.
News categories: Digital TV Research, Simon Murray, Asia, Digital TV, Market Research, Streaming, Subscribers

Premium video captures 10% of video streaming minutes in SE Asia
May 18, 2021 – Premium video platforms, led by Netflix, Viu, WeTV, iQIYI and Vidio, captured 10% of total video streaming minutes in Q1 2021, according to a study published by Media Partners Asia (MPA).
News categories: Media Partners Asia, Analyst Dhivya T, Asia, Digital TV, Market Research, Streaming

Asia Pacific online video to reach $55 billion by 2025
Jan 11, 2021 – Media Partners Asia (MPA) has reported that the Asia Pacific online video industry grew revenue by 14% Y/Y in 2020 to reach US$30.5 billion. SVOD overtook AVOD to contribute 53% of total revenues; AVOD contributed 47%.
News categories: Media Partners Asia, Vivek Couto, Asia, Digital TV, Market Research, Streaming

Google's share of global digital media revenues declined in Q2
Oct 29, 2020 – According to Strategy Analytics, while it's still the world's largest digital media company by some distance, Google’s digital media revenues fell by 7.0% in Q2 2020 to $38.3B, causing its market share to fall from 29.0% in Q1 2020 to 26.3% in Q2.
News categories: Strategy Analytics, Michael Goodman, Digital TV, Market Research, Streaming, Worldwide