APAC OTT has huge potential

Christopher Slaughter, CEO, CASBAA told its OTT summit: “The Asia Pacific region is still primarily driven by the traditional linear TV market but, as our speakers have detailed today, there is tremendous business potential in tapping into OTT.”

Christine Fellowes, Board Member Responsible, CASBAA OTT & Connected Media Group, and MD Asia Pacific, Universal Networks International, offered her thoughts on the outlook for OTT, stating: “Currently fixed broadband in Asia Pacific is at 35 per cent household penetration. Mobile broadband subs powered by 3 and 4G networks are at 866 million today and will expand to reach almost two billion subs in just five years. While linear television will remain the driving force for some time, OTT is currently a $3 billion industry in Asia Pacific and forecast to be $8 billion by 2020.”http://advanced-television.com/2015/03/05/apac-ott-has-huge-potential/