Ormax Media releases study to size OTT audience

08 Dec,2022

By Our Staff

 

Media consulting firm Ormax Media has released an audience research to size the OTT universe in India, titled The Ormax OTT Audience Sizing Report 2022. The research, based on a sample size of 13,500 across urban and rural India, was conducted from July to September 2022.

 

Ormax Media released select findings of the report, which reveal that the Indian OTT audience universe is currently at 423.8 Million (or 42.38 Crore) people. This translated into a penetration of 30%, which means that 3 out of 10 Indians watched online videos at least once in the last one month. The report breaks this universe by gender, age, NCCS, pop strata, states and cities.

 

Speaking about the need for the report, Shailesh Kapoor, Founder & CEO – Ormax Media, said: “India’s OTT audience universe has grown rapidly since 2018, with a boost during the pandemic years of 2020 and 2021. Now that we are in a more settled, post-pandemic period, this annual report is an important reckoner for the OTT industry to understand how their audience base is growing, and where this growth is coming from. Unlike other reports that rely on desk research, this report is based on primary audience research across India.”

 

The report also reveals that there are currently 119 Million active paid OTT subscriptions in India, across 49 Million paying (SVOD) audiences, i.e., an average of 2.4 subscriptions per paying audience member. 65% of these paid subscriptions are with male audience. The top 6 metros contribute only 10% to India’s OTT universe but 33% to total paid subscriptions in India. Mumbai, Delhi and Bengaluru, Delhi and Mumbai are the top 3, with more than 8.5 Million active paid subscriptions each.

 

Speaking about the findings, Kapoor said: “A large share of the 20% growth in audience base has come from rural India and small towns. The metro cities have reached saturation levels, with more than 79% OTT penetration. Platforms will have to rely on the smaller markets for the next phase of growth. From an SVOD perspective, the most significant finding has been that the average number of subscriptions have remained static at 2.4 per paying user. This data point holds immense strategic value, as it suggests that subscriptions growth will come from more people paying for subscriptions, than the same people paying for more subscriptions”.

 

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