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Gartner Says Spending on Consumer Video Media Services to Reach $314 Billion in 2017

(PresseBox) (Egham, UK, )
Global spending on consumer video media services will total $314 billion in 2017, a 4.2 per cent increase from 2016, according to Gartner, Inc. Pay-TV services is the largest spending segment and is on pace to represent 90 per cent of the total market, totalling $282 billion in 2017 (see Table 1).

In 2017, emerging Asia/Pacific (20.8 per cent) and Middle East and North Africa (17.4 per cent) are forecast to record the highest growth in end-user spending on consumer video media services.

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