The World is moving towards digitalization with all its effort available. With the OTT platforms, a new era of digitalization came into the World, and people around the globe are getting engaged with OTT platforms vigorously. These top 10 OTT platforms provide live streaming and streaming services to engage more and more audiences and parallelly entertain the shows and movies available.
If we give a close watch on the statements of the experts of the digital World, they stated that the revenue by the top 10 OTT platforms in the world will increase up to $124.6 billion by the end of 2025. The entertainment sectors were always one of the most beneficial ways to earn maximum.
When we see around us, we will realise that the companies that were available for different purposes in the industry are also joining the field of entertainment. On one side where the big boons are coming into the industry, there is another side where the new boomers and the young entrepreneurs are also getting ready for the competition.
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The age group of the 90s has seen the transformation of the TVs with adjusting antennas, large rotational buttons, cable colour TVs, and now the World of digitalization with OTT platforms. The transformation of the digital World made entertainment interesting.
The World has seen an immense transformation in how individuals’ entertainment consumption has changed in only a decade. It all comes right down to OTT videotape and online content conveyance.
It’sIt’s an appreciable idea to grasp an accustomed OTT platform position to stay up with new issues within the OTT videotape assiduity.
Here is the list of the Fast-Growing top 10 OTT Platforms in the World:
Who needs an introduction to Netflix? The fan following and the views tell us everything: nobody is untouched by their name. Netflix is one of the best OTT platforms and is growing in the entertainment industry enormously. They started with the DVD rental shop, and with the evolution of the time, the platform followed the step of providing video rendering services.
Currently, Netflix provides on-demand video streaming to many audiences in various languages worldwide.
The platform provides high-quality content to its users. The plan is quite affordable to everyone, which helps the company’s revenue. As a result, the rising companies came up with a Netflix clone to generate revenue.
The Netflix subscription plans are of four types
The minimum subscription plan starts from $8.99/month. As this is just an approximate amount, it varies from region to region and in terms of accompanying viewers and resolutions. The content list remains the same in every region or country. Netflix is accessible on devices including phones, pc, streaming devices, tabs, laptops, etc.
Benefits of having a Netflix Subscription
Netflix is a fully paid online streaming platform and provides entertainment entirely free from advertisement. Netflix provides FHD and Ultra HD content and can download TV shows and movies or web series content. The platform also allows you to customise your watching experience with a separate screen if more than one user uses the same id. As per the records, by the end of 2021, there will be around 75 million users of Netflix just in the US and Canada.
Netflix company is gaining popularity day by day, and the experience of the users and their reviews enhances the revenue and makes Netflix the top on the list.
2. Amazon Prime
Amazon is famous for its multiple services, providing e-commerce services, entertainment or e-books, etc. It is considered to be top 10 OTT platforms all over World.
The Amazon Prime subscription allows you to access all their services from e-commerce, Prime videos(entertainment platform), Amazon audible, Kindle, etc. The Amazon subscription allows you to get extra advantages, too, including quick shipping, exclusive sale, offers, e-books access.
The entertainment platform of Amazon is providing immense revenue to the company. It is well known in the countries like USA, UK, India,
Amazon prime is famous because of its videos, including Patriot, The Man In, Mirzapur, Made In Heaven, and many other shows, web series, and movies viewed by millions.
Prime Videos features TV shows critically acclaimed in foreign countries, Bollywood movies, Hollywood movies, shows famous in the 90s, classic TV shows, etc. Amazon prime videos are available in multiple languages & have more the 150 million subscribers from 19 countries.
From being an e-commerce company, Amazon has grown more in OTT platforms.
Disney+Hotstar is known for its extensive collection of entertainment movies, web series, movies that include big names like Marvel and Pixar. Shows by well-known production companies like HBO, fOX, etc. Walt Disney is a big name in itself, and the collaboration with the Star group is the big reason behind the success of Disney+Hotstar as the top 10 OTT platforms.
The platform also provides the service of live matches, including the Indian Premier League, one of the biggest cricket league matches in the World, the premier league, and Formula One.
Disney+Hotstar has one of the biggest web series, movies, and famous international shows and provides live matches and entertainment for kids.
There are approximately 25 million paid users of Hotstar.
Hulu is also gaining the name as the fastest growing OTT platform for entertainment purposes, and the users are growing on the platform well. The company provides a different experience, just somewhere like Netflix.
The company provides videos of web shows or series just after they air. With more than 30 million users, Hulu is number 4 on the list of top 10 fast-growing OTT platforms with high-quality content for entertainment.
5. Youtube TV
The most famous name when it comes to the platform that provides entertainment. Youtube TV is a platform owned by Google and winning the hearts of billions with its content. The platform gives a chance to excellent content creators as well as newcomers.
Youtube is also famous for its music platform where one can hear international music and includes music and videos from the regional end. The platform is available on smart TVs, computers, tabs, and now also joining the streaming boxes. Youtube TV has a large audience worldwide. The platform provides a free and paid version that provides ad-free streaming.
ESPN+ is a perfect platform for those who love sports from the bottom of their heart. ESPN provides sports-related entertainment to its users and is popular among youth because of its content. If you are a die heart sports lover of either cricket, soccer, rugby, baseball, basketball, wrestling, or anything, ESPN is a perfect place for you.
The entertainment platform is easily accessible on smartphones, desktops, tabs, and Xbox. It is more famous for the live streaming of the matches, and it also collaborates with Disney+Hotstar.
SonyLiv is gaining popularity as one of the most growing OTT platforms with unique content. The platform is mostly available in the Asia continent, including India, Pakistan, UAE, Qatar, Kuwait, Saudi Arabia, Oman, Bahrain, Bangladesh, Nepal, Sri Lanka, Maldives, Bhutan, Afghanistan, Malaysia, Singapore, Hong Kong, Philippines, Indonesia, Thailand, and Canada.
The platform gives full access after the subscription, and it includes content like well-known web series, Hollywood movies, Bollywood movies, regional series, etc. The total number of paid users is about 29 million and 98 million monthly active users.
The Star networks are mostly famous for their television connection, but the content available on Starz mainly focuses on OTT streaming. Starz is a well-known name when it comes to the entertainment field. The users love to watch the unique content on this platform. The platform allows its users to enjoy the service online and offline too.
The popular Starz App is available in US and Canada; apart from that, the STARZ PLAY is available in countries like America, the UK, Europe, Asia, and the Middle East.
9. Apple TV
The World is fully aware of the name Apple. Apple provides immense features worldwide, and they are grabbing the users’ attention. The Apple TV+ doesn’t provide access to everyone; the access of Apple TV+ is only accessible to Apple users.
Access to the platform is limited to videos only; the user can get entertainment using multiple facilities like games, music, and live streaming. All the entertainment facilities are available under one roof; the Apple TV+ provides the option of paid and free packages to Apple users.
10. Sling TV
Last but not least, Sling TV is growing in popularity slowly and gradually. Sling being also under the top 10 OTT platforms, also emerged as the TV network. The platform provides access to more than 50 live channels and is available for paid users and free options.
The platform entertains the audience with over 80 thousand movies and provides access to watch popular worldwide channels like CNN, Fox News, etc. By 2021, the total number of users was 2.56 million just in the US.
60% of the youth enjoy the OTT platform, and the industry of OTT platforms is increasing immensely. You can also earn a good amount of money with clone apps like Netflix. OTT platforms are the major source of entertainment for the youths, and getting a clone app can be a win-win situation for anyone.
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