€2 Billion Boom for Online Subscription Video on Demand Spend in Western Europe, IHS Markit Says

Dateline City:
London
Multimedia
Western Europe: Average Spend Across Broadband Households (€)
Contacts
Economics & Country Risk; Aerospace, Defense & Security; Technology
Amanda Russo, +44 208 276 4727
amanda.russo@ihsmarkit.com
or
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com

Spend will reach €3 billion in 2016; Small markets lead the way, but Italy and Spain showing growth following a full year of Netflix

LONDON (20 September, 2016) – Total spending on subscription video on demand (SVoD) in Western Europe broke the €2 billion mark in 2015 and is forecast to reach €3 billion by year-end 2016, according to a new report released today by IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

Typical examples of SVoD players in Western Europe are Netflix and Sky’s NowTV, which deliver content over the open internet and is accessed via connected devices.

Language:
English

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