LOS ANGELES: The value of the online video sector in Asia Pacific is set to swell from an estimated US$13bil (RM50.41bil) this year to US$35bil (RM135.79bil) by 2021. That is a growth rate of 22%, according to regional media consultancy Media Partners Asia.
Its report – Asia Pacific Online Video Distribution – shows China representing 76% of the total, with the next four territories Japan, Australia, South Korea and India, accounting for a combined 17%.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
