60% Growth in OTT Video Revenue

According to ABI Research, companies like Netflix, Hulu, Apple, and Amazon helped drive the over-the-top (OTT) video market past $8 billion in 2012. The three largest markets - North America, Europe and Asia-Pacific - experienced year over year growth in excess of 50% in 2012. The continued spread of connected CE and increasingly mobile devices, like tablets, are expected to push the market past $20 billion by 2015.