In fiscal year 2019, the revenue from subscriptions for over-the-top video platforms across India amounted to approximately twelve billion Indian rupees. This was expected to shoot up to 74 billion rupees by fiscal year 2024, marking a compounded growth rate of 44 percent. Overall, the digital market within the media and entertainment sector across India is set to become the second largest by fiscal year 2022.
Over-the-top video platform subscription revenue across India from FY 2019 to FY 2024
(in billion Indian rupees)
*Forecast.
One Indian rupee is equal to 0.013 euros and 0.014 dollars (as of October 2019).
Note: India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
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KPMG. (August 19, 2019). Over-the-top video platform subscription revenue across India from FY 2019 to FY 2024 (in billion Indian rupees) [Graph]. In Statista. Retrieved February 22, 2020, from https://www.statista.com/statistics/1059728/o-t-t-video-platform-subscription-revenue-india/
KPMG. "Over-the-top video platform subscription revenue across India from FY 2019 to FY 2024 (in billion Indian rupees)." Chart. August 19, 2019. Statista. Accessed February 22, 2020. https://www.statista.com/statistics/1059728/o-t-t-video-platform-subscription-revenue-india/
KPMG. (2019). Over-the-top video platform subscription revenue across India from FY 2019 to FY 2024 (in billion Indian rupees). Statista. Statista Inc.. Accessed: February 22, 2020. https://www.statista.com/statistics/1059728/o-t-t-video-platform-subscription-revenue-india/
KPMG. "Over-the-top Video Platform Subscription Revenue across India from Fy 2019 to Fy 2024 (in Billion Indian Rupees)." Statista, Statista Inc., 19 Aug 2019, https://www.statista.com/statistics/1059728/o-t-t-video-platform-subscription-revenue-india/
KPMG, Over-the-top video platform subscription revenue across India from FY 2019 to FY 2024 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1059728/o-t-t-video-platform-subscription-revenue-india/ (last visited February 22, 2020)
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