2018 India SVOD Consumer Deep Dive
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India has seen a dramatic rise in engagement with premium video services, fuelled by a combination of mass adoption of mobile technology and rapidly rising disposable incomes. However, India’s SVOD market still lags significantly behind the US and China in terms of revenues and subscribers. The focus on India as the battleground for the next billion online users has made it a highly competitive market, where the international tech majors and local telco insurgents are primarily driven by market share growth, at the expense of developing robust business models. Direct and indirect subsidies of premium video content currently make SVOD an expensive nice-to-have rather than need-to-have in a market with highly-engaged audiences, with strong predilection for home-grown entertainment.
Companies and brands mentioned in this report: Amazon Prime Video, beIN Connect, Big Flix, Eros Now, Hotstar.com, Hungama, iFlix, Jio, Netflix, Reliance Communications, Setanta-I