In the last few years, a wide shift toward digitization leading to changes in entertainment can be seen. The days when people sit in front of the television to watch their favorite shows are gone. Moreover, people rarely go to a cinema hall to watch movies. Now people are ditching their cable TV and shifting to OTT platforms to consume video.
OTT platforms provide live video streaming and streaming services to keep their audience entertained anytime. That’s why we can see the tremendous growth in video content consumption. The big Over-The-Top (OTT) platforms like Netflix, Disney, and Amazon make this possible. Now it is also possible to block shows on Dinsey plus and other Over-The-Top platforms.
In 2020 OTT platform was valued at $101.42 billion, and it is expected to raise $124.6 billion by 2025. So, if you are also likely to shift towards OTT streaming platforms, this post is for you. Here, you can check the top 10 fast-growing OTT platforms in the World.
List of top 10 Fast-Growing OTT platforms in the World
There are a plethora of Over The Top (OTT) platforms in the entertainment industry. Among those, some focus on one niche, whereas others prioritize content based on the user demand.
Having the requirement of the Internet service is common for all the OTT platforms. However, what varies among them is the service they offer. Here, a few OTT offers content at no cost, whereas some provide premium content. Besides, the presence of Ott platforms offering a mix of free and premium content can be seen greatly.
Let’s jump to our main topic.
Over the Top platform, Disney + was launched in November 2019. In a short period, it is gaining immense popularity. There are a total of 87.6 million subscribers around the World.
You can watch movies and TV series on this streaming platform. It offers video content of different types owned by the parent company and other production houses.
In addition, Disney plus or Disney Hotstar collaborates with Star and streams live sports matches. So, collaborating with a big renowned production company leads Disney plus company to the top 10 OTT platforms.
With its different subscription plans and immense benefits, Disney plus, owned by Disney, remains the users’ top choice. It provides the opportunity for businesses to bundle with another streaming platform, including Hulu.
I think anyone who loves to watch online suspense drama series and movies is not unfamiliar with Netflix.
Netflix is yet another streaming platform astoundingly gaining popularity all over the World. It has over 214 million subscribers worldwide.
In the early days, Netflix started as an online DVD rental shop. But, with the digital evolution, this platform surrounds video rendering services.
You can see the platform in multiple languages featuring around 15,000 titles. If you asked us about its best things, our answer would be its high-quality content. On Netflix, users can see the shows created by Netflix in collaboration with content producers. Also, there are shows uploaded from different sources. You can find all genre videos.
If someone accidentally watches Netflix, they will fall in love with this accident and tends to continue watching it again and again with full admiration and zeal.
The direct competitor of Netflix, Amazon Prime, has almost 15 million subscribers. And it makes it internationally popular.
Amazon prime offers movies that are still running in a theatre. Though some contents are available from the original subscription, you have to pay extra for some shows.
Contents on the platform are available in the different subtitles. So, it covers local and international content for its audience.
Amazon Prime is gaining popularity not only among little kids and teenagers. Even older people and adults find this OTT video platform more than interesting. Its craze in the day-to-day World is amplified in a great verse.
Video content like The Man In, Made in Heaven, Patriot, Mirzapur, and other web series is viewed by millions of audiences.
For sports lovers who don’t want to miss any match, ESPN+ is the right choice.
Sports freaks make ESPN+ the top 10 fast-growing platforms in the World.
Since it features sports-related content, it is widely popular among the young generation. Since it offers live video streaming, it is quite different from other OTT platforms we’ve discussed. The pricing plan of ESPN+ is coupled with Disney plus.
Everyone is familiar with Youtube. It is a free online video streaming platform. But do you know Youtube has its premium offering?
Youtube TV is a Google Product that is winning everyone’s heart. Unlike general Youtube, on Youtube Tv, you have to pay for ad-free content.
You can get live streaming of over 85 TV channels through this platform. You can pay per view for accessing an individual’s video or have an unlimited subscription.
Another fast-growing OTT platform, Hulu, offers several streaming services to users. It was owned by Disney media, with 67% shares in the company.
There are around 30 million Hulu subscribers.
Although the content and services of Hulu and Netflix are quite similar, some things make them different. Different in a sense, on Hulu, new episodes are normally uploaded the day after they air.
Originals like Game of Thrones and Silicon Valley brought this OTT platform to the limelight. Warner Bros owned maximum content uploaded on HBO Max.
Cartoon Network, Warner Bros, CNN, and Boomerang are famous content providers to HBO Max. You can watch movies that are in the theatre at no extra cost. Launched in 2020, HBO Max is available in more than 46 countries.
If you, too, fall in the group who is not aware of this OTT platform, find yourself lucky as through this blog, you have got the idea of what Apple Tv+ is.
To keep the audience entertained, Apple came with Apple TV+ in Nov 2019.
This platform allows Apple users to listen to music, play games, and stream videos. They can access it through iPhone, iPad, Laptop, and Apple TV.
A trending streaming platform, Starz is actually a television network. This buzzing platform not only lets its audience take its online service, but also one can better enjoy its service offline. It makes the Starz content accessible everywhere at your preferred time.
In the previous days, Starz didn’t have its own platform and was connected with Apple TV and Amazon Prime Channels. However, today the matter is absolutely different. In recent times Starz has its own platform. Further, one can also acquire a television subscription for its use on television.
Emerged as a television network, Sling Tv is another popular OTT platform. Our list of top 10 fast-growing OTT platforms in the World is incomplete without Sling TV. Using this platform audience can access over 50 live channels.
Access to the local station is a prime aspect of Sling TV.
OTT platforms are the best sources of entertainment. The covid pandemic also greatly affected a person’s steeping toward OTT platforms. With the top 10 fast-growing OTT platforms in the World, I think it becomes easier for you to know your perfect choice.
You can take a subscription plan of the platform, which offers the key feature you desire, and watch your favorite OTT videos from the Mobile app or a desktop.