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Statista expects the OTT video market to see five years of consecutive user growth. Based on the survey, another 709 million people worldwide will start using #OTT video services in the next four years, pushing the total user count to 4.2 billion worldwide. More than one billion people worldwide started using OTT video services between 2018 and 2023, causing the user #penetration in the market to jump from 33.2% to 45.6%. It is expected that the penetration rate will grow by 2.11% in 2024. #OTT #StreamingServices #StreamingMedia #EdgeComputing #Video #OTA

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