Middle East & North Africa OTT TV episodes and movies will generate $5.69 billion by 2028; double from $2.83 billion in 2022. Turkey, Israel and Saudi Arabia together will account for 55% of the region’s revenues by 2028. The 13 Arabic-speaking countries will generate $2.47 billion in 2028; up from $1.28 billion in 2022.

Africa will have 15.57 million paying SVOD subscriptions by 2028, up from 6.15 million at end-2022. Despite this fast growth, SVOD penetration rates will remain low, with only 7% of TV households paying for at least one subscription by 2028 –up from 4% at end-2022. 

Simon Murray, Principal Analyst at Digital TV Research, said: “Take-up is inhibited by low disposable incomes. Limited fixed broadband penetration also stifles growth, with few mobile operators offering OTT options. Not all global SVOD platforms will start in every African country – restricting choice.”

Just prior to releasing last year’s SVoD forecast, Netflix confirmed its first subscriber loss – of 200,000 subs, or around 0.09% of its total. This prompted a wave of hysteria, and in the year since, Netflix’s return to growth and confirmation of its advertising strategy has largely set the market at ease.
 

/PRNewswire/ -- Communications Industry Researchers (CIR) has issued a new report providing coverage of next generation optical transceivers. Embedding new approaches--such as coherent optics, co-packaged optics, and more efficient designs—next generation transceivers will be better suited to the needs of the network as demand increases and applications become more latency sensitive. According to CIR's new report next-generation transceivers will generate $12.2 Billion by 2028 compared to $6.0 Billion in 2023.