Revenues from the global video on demand market are expected to top $263 billion by 2016, a 27% increase over the $207 billion the industry generated in 2014, driven by rapid consumer adoption and expanding Internet penetration in emerging markets. While North America and Western Europe currently are the two largest VOD markets, Asia Pacific, with a 13%-share of the current market, is expected to grow nearly 70% to a 22% share by 2020, bumping Western Europe to third place, according to the … [Read more...] about Global VOD to hit $263 million