The Middle East and North Africa (MENA) streaming video market is projected to reach $1.5 billion (€1.35bn) by the end of 2025, with SVoD subscriptions crossing 27 million, according insights presented by Maria Rua Aguete, Head of Media and Entertainment at Omdia, during her keynote address at the Comcast Technology Summit in Dubai, held in conjunction with CABSAT 2025.
SVoD Market Leadership and Competitive Dynamics
Omdia’s research highlights the continued dominance of regional and international platforms in the MENA streaming landscape. As of December 2024, the leading SVOD platforms by market share are:
· Shahid – 4.4 million subscribers
· YouTube Premium – 3.7 million* subscribers
· Netflix – 3 million subscribers
· StarzPlay – 2.3 million subscribers
Shahid, Netflix and StarzPlay lead the MENA SVoD market by share, driven by strong local content strategies and platform engagement. However, when YouTube Premium is included, it surpasses Netflix in subscription volume, signaling shifting consumer preferences toward platforms offering flexible, multi-format streaming experiences.
“YouTube Premium’s momentum in MENA reflects the region’s appetite for seamless, ad-free streaming across platforms,” Rua Aguete noted. “With over 80 million users in MENA and 3.7 million YouTube Premium video subscribers, the platform is now one of the most significant players in the region’s digital media ecosystem. Saudi Arabia has emerged as one of YouTube Premium’s top 10 global markets.”
StarzPlay: Monetisation Through Strategic Realignment
In 2024, StarzPlay implemented a strategic shift by streamlining its service tiers – merging standalone sports with entertainment into a single ‘Max’ bundle. This restructuring resulted in a 30 per cent increase in average revenue per user (ARPU), while maintaining subscriber retention and limiting churn.
“StarzPlay’s emphasis on simplification and value-added bundling is driving measurable financial outcomes,” continued Rua Aguete. “It’s a strong example of monetisation through intelligent product strategy.”
Market Outlook: An $8.4 Billion Opportunity by 2029
Omdia projects that the online video market in MENA will grow more than fivefold, reaching $8.4 billion by 2029. Key growth drivers include expanding digital infrastructure, high mobile penetration, and a young, highly engaged population.
“MENA is undergoing a structural shift in digital video consumption,” concluded Rua Aguete. “The next five years represent a critical opportunity for platforms, investors, and content creators to scale and innovate.”
