OTT Streaming Market Growth 2023- Global Industry Share, Revenue, Emerging Trends, Future Challenges, Business Opportunities and Forecast Analysis Till 2032: SPER Market Research
The OTT business is facing severe challenges as a result of video content piracy. Piracy is defined as the unauthorized selling and usage of copyrighted media, which results in financial losses for both content owners and authorized streaming services. It challenges the financial models of OTT providers, who rely on membership fees or advertising revenue to pay workers to produce content.