The revenue in the 'TV & Video' segment of the media market in the Philippines was forecast to continuously increase between 2024 and 2029 by in total 0.5 billion U.S. dollars (+26.46 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 2.38 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'TV & Video' segment of the media market was continuously increasing over the past years.
Data provided by Statista Market Insights are estimates.
Definition:
The TV & Video market encompasses the diverse landscape of audiovisual content delivery, including traditional broadcast television, streaming services, and digital platforms. This market offers a vast array of content, from TV shows and movies to live sports events and news broadcasts, catering to a wide range of viewer interests. As technology evolves, so too does the way we consume video content, with traditional linear TV being complemented by on-demand and over-the-top (OTT) streaming options. This evolution reflects changing consumer preferences and the increasing accessibility of internet-connected devices, providing viewers with greater flexibility and choice in how they access and enjoy their favorite programs.
Structure:
The TV & Video market encompasses both Traditional TV & Home Video and OTT Video. Traditional TV & Home Video involves scheduled programming and physical media distribution like DVDs. OTT Video delivers content over the internet, offering on-demand access to a wide range of options.
Additional Information:
The market comprises revenues, ad spendings, viewers, average revenue per user, and penetration rates. Revenues are generated through purchases and subscription payments. Key players in the market are companies, such as The Walt Disney Company, Netflix, or Amazon.
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Statista. (November 12, 2024). Revenue of the TV & video market in the Philippines from 2020 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/forecasts/1279425/tv-and-video-market-revenue-philippines
Statista. "Revenue of the TV & video market in the Philippines from 2020 to 2029 (in billion U.S. dollars)." Chart. November 12, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/forecasts/1279425/tv-and-video-market-revenue-philippines
Statista. (2024). Revenue of the TV & video market in the Philippines from 2020 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/forecasts/1279425/tv-and-video-market-revenue-philippines
Statista. "Revenue of The Tv & Video Market in The Philippines from 2020 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Nov 2024, https://www.statista.com/forecasts/1279425/tv-and-video-market-revenue-philippines
Statista, Revenue of the TV & video market in the Philippines from 2020 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1279425/tv-and-video-market-revenue-philippines (last visited November 23, 2024)
Revenue of the TV & video market in the Philippines from 2020 to 2029 (in billion U.S. dollars) [Graph], Statista, November 12, 2024. [Online]. Available: https://www.statista.com/forecasts/1279425/tv-and-video-market-revenue-philippines