A new report from Future Market Insights finds that the global VOD market is expected to reach $263 billion by 2016, up from $207 billion in 2014. The rising popularity of on-demand services among consumers and the proliferation of internet in emerging nations is expected to fuel the global VOD market. Demand for Pay TV services will continue to remain strong during the forecast period 2014-2020.
Source: VOD Professional | VOD to be a $263 Billion Market by 2016, Report Finds