If you have ever watched video content on platforms like Netflix or Amazon Prime, you have been exposed to the potential of the revolutionary OTT technology.
If you are still wondering how big the OTT market is, let’s look at some stats to get a better understanding of the OTT arena.
The global OTT market is estimated to touch approximately $332.5 billion by the year 2025. This roughly equates to a compounded annual growth rate of 16.7% between the period 2018 to 2025.
What is OTT Software?
OTT refers to Over-the-Top media services. It’s a unique way to deliver video content to the audience by leveraging the internet. It gives the user the flexibility to watch the content whenever and wherever they like using their smart devices & computers.
Benefits of Using OTT Software
- Multi-Device Support
- Wider Audience Reach
- Cost Friendly
- Variety Content
How to Choose the Perfect OTT Video Software?
Ever wondered what it takes to launch OTT platform? One of the trickiest things in the contemporary is choosing the perfect OTT video software provider. There is no universal perfect solution that exists, but it all depends on your needs and budget.
Choosing the right OTT video software requires assessing various service providers based on the features they are offering, pricing model, customer support, etc.
Top 10 Best OTT Software Providers to Launch OTT Platform in 2021
- IBM OTT Streaming
- CONTUS VPlay
- JW Player
- Vimeo OTT
- Kaltura 10.Brightcove
Choosing the right video software provider can be a game-changer for your organization. You should weigh the pros and cons of each provider before reaching an effective conclusion.Checkout our latest product - the ultimate tailwindcss page creator 🚀
It should meet all your needs, must have the essential features discussed earlier and should be in convenient with respect to its cost effectiveness!
Originally Published at OTT Software Providers