Trends
Arabic SVOD subscriptions expected to double to 26M by 2029
According to a new report by ResearchAndMarkets.com, the number of subscription video-on-demand (SVOD) subscriptions across 13 Arabic countries in the Middle East and North Africa region is expected to reach 26 million by 2029. This is a significant increase from the 14 million subscriptions recorded in 2023.
The report also predicts a change in market leadership, with Netflix losing its top position to Shahid VIP. By the end of 2023, Netflix had 3.8 million subscribers, followed closely by Shahid VIP with 3.5 million subscribers and StarzPlay with 3 million subscribers. The rise of local Arabic players is attributed to the decreased focus of US-based platforms on global rollout and local content commitments.
The report includes two parts: a 64-page PDF document offering detailed analysis of each country in the region, and a 70-page Excel workbook covering the years 2015 to 2029. The Excel workbook provides information on household penetration, SVOD subscribers, and OTT revenues for movies and TV episodes. Summary tables are also included, organized by country and platform.
This report is expected to be of interest to various job functions, including corporate development, strategy, analysts, and researchers. It is also relevant to content owners, broadcasters, SVOD platforms, AVOD platforms, telcos, pay TV operators, TV equipment manufacturers, banks specializing in media analysis, consultancies focusing on media analysis, and satellite operators.
ResearchAndMarkets.com is a leading source for international market research reports and market data. They provide up-to-date information on international and regional markets, key industries, top companies, new products, and the latest trends.
The article discusses the booming subscription video-on-demand (SVOD) industry in the Middle East and North Africa (MENA) region. According to the report by ResearchAndMarkets.com, SVOD subscriptions across 13 Arabic countries in the region are projected to reach 26 million by 2029, a substantial increase from the 14 million subscriptions recorded in 2023.
One key forecast highlighted in the report is the expected shift in market leadership, with Netflix predicted to lose its top position to Shahid VIP. By the end of 2023, Netflix had 3.8 million subscribers, closely followed by Shahid VIP with 3.5 million subscribers and StarzPlay with 3 million subscribers. This change is attributed to the increased focus of local Arabic players on regional content and the decreased global rollout efforts by US-based platforms.
The report offers comprehensive insights into the SVOD industry in each country within the MENA region. It includes a 64-page PDF document that provides detailed analysis, as well as a 70-page Excel workbook covering data from 2015 to 2029. The Excel workbook contains information on household penetration, SVOD subscribers, and over-the-top (OTT) revenues for movies and TV episodes. Summary tables are also included, categorized by country and platform.
The research report caters to various professionals and stakeholders in the industry. It would be of interest to those involved in corporate development, strategy, analysis, and research. Additionally, content owners, broadcasters, SVOD and AVOD platforms, telcos, pay TV operators, TV equipment manufacturers, banks specializing in media analysis, consultancies focusing on media analysis, and satellite operators would find the report relevant to their work. BitPerfect