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OTT communications worth just 2% of telco market - study

Wednesday 1 February 2017 | 15:39 CET | News
The global OTT communications market is expected to grow at a CAGR of 13.3 percent to 2020, but will remain worth just a tiny fraction of the total telecom market, according to research by iDate. The market researcher estimates that OTT communication generated revenues of EUR 14.6 billion in 2016, and this will grow to EUR 24.1 billion by 2020. That compares to a telco market worth EUR 695 billion last year, meaning OTT equaled just 2.1 percent of telco revenues last year. With the telco market estimated to show a CAGR of -0.6 percent to 2020, OTT will still be worth only 3.4 percent at the

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Categories: General
Countries: World
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