TECH SUPPLIER Dec 2020 - Market Forecast - Doc # CA45659320

Canadian Consumer Paid OTT Video Services Subscribers and Transactional Clients Forecast, 2020–2024

By: Manish NargasResearch Manager, Consumer and Mobile Research

Abstract

This IDC study presents a forecast of subscribers and transactional clients of paid OTT video services for annual strategic planning. The purpose of this study is to help marketers, product managers, and policy makers gain insight, validate decisions, and make course corrections. This document offers an industry update. Actions to consider are presented for OTT video service providers and broadcast distributors.

"Following a 2019 year of big-name entrants, OTT video market participants were offered a unique opportunity to solidify their presence in the lives of stay-at-home Canadians. Marred by a global pandemic, stay-at-home restrictions, and unprecedented economic measures, the year 2020 has somehow still turned fruitful for the OTT video market," says Manish Nargas, senior analyst for Consumer Services and Mobility. "While this opportunity is god sent in many ways, the added pressure to maintain fresh content libraries (and the associated costs in doing so), not to mention, the risks of being churned by content chasers and tight wads make for a very exciting market narrative."


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