Definition:
Free ad-supported streaming TV (FAST) refers to a television service that is available to viewers at no cost, but is supported by advertising revenue. These services typically provide access to a range of TV channels, which are made available to viewers for free in exchange for watching advertisements. Such services have become increasingly popular in recent years, with many viewers opting to use them as an alternative to traditional paid TV services. Contrary to Advertising Video-on-Demand (AVOD) refers to streaming services that offer their viewers the option to watch any content in their video library on demand in exchange for watching ads, FAST offers linear channels that are supported by advertisements. In other words, FAST operates like traditional linear TV. Instead of specific content, users choose which channels they would like to watch.Additional Information:
The market comprises revenues, users, average revenue per user, and penetration rates. Revenues are generated through ad spendings. Key players in the market are companies, such as Pluto TV, Tubi or Roku ChannelStatista trend report on the rapid rise of free ad-supported streaming TV in the United States
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
The Free ad-supported streaming TV (FAST) market in France is experiencing significant growth and development.
Customer preferences: French consumers are increasingly turning to free ad-supported streaming TV as a popular alternative to traditional television. This shift in consumer behavior can be attributed to several factors. Firstly, the convenience and flexibility of streaming services allow viewers to watch their favorite shows and movies anytime and anywhere, without the need for a cable or satellite subscription. Additionally, the abundance of content available on these platforms, including both local and international programming, caters to a wide range of interests and preferences.
Trends in the market: One of the key trends in the FAST market in France is the emergence of local streaming platforms. These platforms offer a curated selection of French-language content, catering specifically to the preferences of French viewers. This trend is driven by the increasing demand for locally-produced content, as well as the desire to support domestic talent and the local entertainment industry. Furthermore, these platforms often provide a more personalized and targeted advertising experience, which appeals to advertisers looking to reach a specific audience. Another trend in the market is the integration of FAST services into traditional television networks. Many broadcasters and cable operators in France are launching their own streaming platforms or partnering with existing ones to offer a hybrid viewing experience. This allows viewers to access both live TV and on-demand content in one place, providing a seamless transition between traditional and streaming television. This trend reflects the changing landscape of television consumption and the need for traditional broadcasters to adapt to the preferences of modern viewers.
Local special circumstances: France has a strong cultural heritage and a thriving film and television industry. As a result, there is a high demand for French-language content among viewers in the country. This has led to the emergence of streaming platforms that focus specifically on French programming, catering to the preferences of local viewers. Additionally, French regulators have implemented quotas for the amount of European and French content that streaming platforms must offer, further driving the demand for local content.
Underlying macroeconomic factors: The growth of the FAST market in France can also be attributed to underlying macroeconomic factors. The increasing availability of high-speed internet, coupled with the widespread adoption of smartphones and other connected devices, has made streaming services more accessible to a larger audience. Additionally, the cost-effectiveness of ad-supported streaming platforms compared to traditional television subscriptions is appealing to cost-conscious consumers. These factors, combined with the changing preferences of viewers, have contributed to the rapid growth of the FAST market in France.
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Data coverage:
Data encompasses enterprises (B2B). Figures are based on advertising spending and exclude agency commissions, rebates, production costs, and taxes. The market covers video ad formats from services that offer free content supported with advertisements.Modeling approach:
Market size is determined by a combined top-down and bottom-up approach. We use market data from industry reports and survey results from our primary research (e.g., Consumer Insights Global Survey) to analyze the markets. Then we benchmark key countries or regions (United States, China, Europe, Asia, and Africa) results with country-specific advertising organizations or associations. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, internet users, and digital consumer spending.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the market. For instance, the S-curve function is well suited to forecast digital products due to the non-linear growth of technology adoption, whereas exponential trend smoothing (ETS) is more suited for projecting steady growth in traditional advertising markets.Additional notes:
Data is modeled using current exchange rates. The impacts of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice per year in case market dynamics change.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights