
North America Over the Top (OTT) Services Market Size, Share & Industry Analysis Report By Platform (App-Based and Web-Based), By Monetization Model, By Service Vertical, By Type, By Streaming Device, By Country and Growth Forecast, 2025 - 2032
Description
The North America Over the Top (OTT) Services Market would witness market growth of 17.0% CAGR during the forecast period (2025-2032).
The US market dominated the North America Over the Top (OTT) Services Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $234,297.5 Billion by 2032. The Canada market is experiencing a CAGR of 19.3% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 18.7% during (2025 - 2032).
The Over-the-Top (OTT) services market has emerged as a transformative force within the global media and entertainment landscape, reshaping content delivery, consumption behaviors, and business models across geographies. Driven by digitalization, increasing internet accessibility, and the proliferation of connected devices, OTT platforms have evolved from niche alternatives to mainstream content hubs. These services bypass traditional distribution channels like satellite or cable, offering direct-to-consumer streaming of video, audio, and communication content via the internet.
This shift has not only disrupted legacy broadcasting systems but also empowered consumers with unprecedented control over what, when, and how they consume media. The convenience of on-demand access, personalized content recommendations, and ad-free viewing options have all contributed to the growing affinity for OTT services. Moreover, the entry of major tech conglomerates and media powerhouses into the OTT arena has intensified competition and innovation, leading to richer content libraries, improved user experiences, and diversified monetization models including subscription-based, freemium, and ad-supported frameworks.
The market across North America is expanding rapidly, underpinned by a thriving media and entertainment ecosystem, increasing internet access, and a significant rise in digital gaming communities. According to Statistics Canada, Canada’s film, television, and video production industry witnessed a significant surge in 2021, recording $11.3 billion in operating revenue—a 20.2% increase from the previous year. According to the International Trade Administration, the United States stands as the global powerhouse in the media and entertainment (M&E) sector, valued at $660 billion within a $2 trillion global industry. Mexico is also witnessing a surge in OTT adoption, driven by a growing digital infrastructure and a vibrant gaming culture. According to INEGI, around 78% of the population had internet access in 2022, laying the foundation for widespread streaming services. Thus, the market in North America is on an upward trajectory, powered by the strong growth of domestic entertainment production in Canada, the global dominance of the U.S. media and gaming industries, and the increasing internet and gaming population in Mexico.
Based on Platform, the market is segmented into App-Based and Web-Based. Based on Monetization Model, the market is segmented into Subscription-Based, Advertising-Based, and Transaction-Based. Based on Service Vertical, the market is segmented into Media & Entertainment, Gaming, Education & Learning, and Other Service Vertical. Based on Type, the market is segmented into Video on Demand, Online Gaming, Music Streaming, Communication, and Other Type. Based on Streaming Device, the market is segmented into Smartphones & Tablets, IP TV’s & Consoles, and Desktops & Laptops. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
By Platform
The US market dominated the North America Over the Top (OTT) Services Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $234,297.5 Billion by 2032. The Canada market is experiencing a CAGR of 19.3% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 18.7% during (2025 - 2032).
The Over-the-Top (OTT) services market has emerged as a transformative force within the global media and entertainment landscape, reshaping content delivery, consumption behaviors, and business models across geographies. Driven by digitalization, increasing internet accessibility, and the proliferation of connected devices, OTT platforms have evolved from niche alternatives to mainstream content hubs. These services bypass traditional distribution channels like satellite or cable, offering direct-to-consumer streaming of video, audio, and communication content via the internet.
This shift has not only disrupted legacy broadcasting systems but also empowered consumers with unprecedented control over what, when, and how they consume media. The convenience of on-demand access, personalized content recommendations, and ad-free viewing options have all contributed to the growing affinity for OTT services. Moreover, the entry of major tech conglomerates and media powerhouses into the OTT arena has intensified competition and innovation, leading to richer content libraries, improved user experiences, and diversified monetization models including subscription-based, freemium, and ad-supported frameworks.
The market across North America is expanding rapidly, underpinned by a thriving media and entertainment ecosystem, increasing internet access, and a significant rise in digital gaming communities. According to Statistics Canada, Canada’s film, television, and video production industry witnessed a significant surge in 2021, recording $11.3 billion in operating revenue—a 20.2% increase from the previous year. According to the International Trade Administration, the United States stands as the global powerhouse in the media and entertainment (M&E) sector, valued at $660 billion within a $2 trillion global industry. Mexico is also witnessing a surge in OTT adoption, driven by a growing digital infrastructure and a vibrant gaming culture. According to INEGI, around 78% of the population had internet access in 2022, laying the foundation for widespread streaming services. Thus, the market in North America is on an upward trajectory, powered by the strong growth of domestic entertainment production in Canada, the global dominance of the U.S. media and gaming industries, and the increasing internet and gaming population in Mexico.
Based on Platform, the market is segmented into App-Based and Web-Based. Based on Monetization Model, the market is segmented into Subscription-Based, Advertising-Based, and Transaction-Based. Based on Service Vertical, the market is segmented into Media & Entertainment, Gaming, Education & Learning, and Other Service Vertical. Based on Type, the market is segmented into Video on Demand, Online Gaming, Music Streaming, Communication, and Other Type. Based on Streaming Device, the market is segmented into Smartphones & Tablets, IP TV’s & Consoles, and Desktops & Laptops. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Netflix, Inc.
- Amazon.com, Inc.
- Hulu, LLC (The Walt Disney Company)
- Apple, Inc.
- Paramount Plus
- Peacock TV, LLC (NBCUniversal Media, LLC)
- Google LLC (Youtube, LLC)
- Tencent Holdings Ltd.
- Brightcove, Inc.
- Warner Bros. Discovery, Inc. (HBO Max)
- iQIYI, Inc.(Baidu, Inc.)
- MBC Group (Shahid )
By Platform
- App-Based
- Web-Based
- Subscription-Based
- Advertising-Based
- Transaction-Based
- Media & Entertainment
- Gaming
- Education & Learning
- Other Service Vertical
- Video on Demand
- Online Gaming
- Music Streaming
- Communication
- Other Type
- Smartphones & Tablets
- IP TV’s & Consoles
- Desktops & Laptops
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
136 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Over the Top (OTT) Services Market, by Platform
- 1.4.2 North America Over the Top (OTT) Services Market, by Monetization Model
- 1.4.3 North America Over the Top (OTT) Services Market, by Service Vertical
- 1.4.4 North America Over the Top (OTT) Services Market, by Type
- 1.4.5 North America Over the Top (OTT) Services Market, by Streaming Device
- 1.4.6 North America Over the Top (OTT) Services Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2024
- 4.2 Strategies Deployed in Over the Top (OTT) Services Market
- 4.3 Porter Five Forces Analysis
- Chapter 5. North America Over the Top (OTT) Services Market by Platform
- 5.1 North America App-Based Market by Region
- 5.2 North America Web-Based Market by Region
- Chapter 6. North America Over the Top (OTT) Services Market by Monetization Model
- 6.1 North America Subscription-Based Market by Country
- 6.2 North America Advertising-Based Market by Country
- 6.3 North America Transaction-Based Market by Country
- Chapter 7. North America Over the Top (OTT) Services Market by Service Vertical
- 7.1 North America Media & Entertainment Market by Country
- 7.2 North America Gaming Market by Country
- 7.3 North America Education & Learning Market by Country
- 7.4 North America Other Service Vertical Market by Country
- Chapter 8. North America Over the Top (OTT) Services Market by Type
- 8.1 North America Video on Demand Market by Country
- 8.2 North America Online Gaming Market by Country
- 8.3 North America Music Streaming Market by Country
- 8.4 North America Communication Market by Country
- 8.5 North America Other Type Market by Country
- Chapter 9. North America Over the Top (OTT) Services Market by Streaming Device
- 9.1 North America Smartphones & Tablets Market by Country
- 9.2 North America IP TV’s & Consoles Market by Country
- 9.3 North America Desktops & Laptops Market by Country
- Chapter 10. North America Over the Top (OTT) Services Market by Country
- 10.1 US Over the Top (OTT) Services Market
- 10.1.1 US Over the Top (OTT) Services Market by Platform
- 10.1.2 US Over the Top (OTT) Services Market by Monetization Model
- 10.1.3 US Over the Top (OTT) Services Market by Service Vertical
- 10.1.4 US Over the Top (OTT) Services Market by Type
- 10.1.5 US Over the Top (OTT) Services Market by Streaming Device
- 10.2 Canada Over the Top (OTT) Services Market
- 10.2.1 Canada Over the Top (OTT) Services Market by Platform
- 10.2.2 Canada Over the Top (OTT) Services Market by Monetization Model
- 10.2.3 Canada Over the Top (OTT) Services Market by Service Vertical
- 10.2.4 Canada Over the Top (OTT) Services Market by Type
- 10.2.5 Canada Over the Top (OTT) Services Market by Streaming Device
- 10.3 Mexico Over the Top (OTT) Services Market
- 10.3.1 Mexico Over the Top (OTT) Services Market by Platform
- 10.3.2 Mexico Over the Top (OTT) Services Market by Monetization Model
- 10.3.3 Mexico Over the Top (OTT) Services Market by Service Vertical
- 10.3.4 Mexico Over the Top (OTT) Services Market by Type
- 10.3.5 Mexico Over the Top (OTT) Services Market by Streaming Device
- 10.4 Rest of North America Over the Top (OTT) Services Market
- 10.4.1 Rest of North America Over the Top (OTT) Services Market by Platform
- 10.4.2 Rest of North America Over the Top (OTT) Services Market by Monetization Model
- 10.4.3 Rest of North America Over the Top (OTT) Services Market by Service Vertical
- 10.4.4 Rest of North America Over the Top (OTT) Services Market by Type
- 10.4.5 Rest of North America Over the Top (OTT) Services Market by Streaming Device
- Chapter 11. Company Profiles
- 11.1 Netflix, Inc.
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Research & Development Expenses
- 11.1.4 Recent strategies and developments:
- 11.1.4.1 Partnerships, Collaborations, and Agreements:
- 11.1.5 SWOT Analysis
- 11.2 Amazon.com, Inc.
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental Analysis
- 11.2.4 Recent strategies and developments:
- 11.2.4.1 Partnerships, Collaborations, and Agreements:
- 11.2.4.2 Acquisition and Mergers:
- 11.2.5 SWOT Analysis
- 11.3 Hulu, LLC (The Walt Disney Company)
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.4 Apple, Inc. (Apple TV)
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Regional Analysis
- 11.4.4 Research & Development Expense
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Partnerships, Collaborations, and Agreements:
- 11.4.5.2 Product Launches and Product Expansions:
- 11.4.6 SWOT Analysis
- 11.5 Paramount Plus
- 11.5.1 Company Overview
- 11.5.2 Recent strategies and developments:
- 11.5.2.1 Partnership, Collaboration & Agreement:
- 11.6 Peacock TV, LLC (NBCUniversal Media, LLC)
- 11.6.1 Company Overview
- 11.7 Google LLC (Youtube, LLC)
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expenses
- 11.7.5 SWOT Analysis
- 11.8 Tencent Holdings Ltd.
- 11.8.2 Financial Analysis
- 11.8.3 Segmental and Regional Analysis
- 11.8.4 Research & Development Expenses
- 11.9 Brightcove, Inc.
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Product Launches and Product Expansions:
- 11.9.6 SWOT Analysis
- 11.10. Warner Bros. Discovery, Inc. (HBO Max)
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Regional Analysis
- 11.11 iQIYI, Inc. (Baidu, Inc.)
- 11.11.1 Company Overview
- 11.11.2 Financial Analysis
- 11.11.3 Research & Development Expenses
- 11.11.4 Recent strategies and developments:
- 11.11.4.1 Partnerships, Collaborations, and Agreements:
- 11.12 MBC Group (Shahid)
- 11.12.1 Company Overview
- 11.12.2 Financial Analysis
- 11.12.3 Segmental and Regional Analysis
Pricing
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