Top 10 OTT Video Streaming Services 2023

According to a recent study, over 70% of US households now subscribe to at least one streaming service, and for good reason. Netflix, the pioneer of streaming, boasts over 208 million subscribers worldwide, while Amazon Prime Video has over 150 million subscribers globally.
October 15, 2023
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Minutes Read

Over-The-Top video streaming platforms have become game-changers in today's fast-paced digital world, where people want to watch their favorite movies and TV series on the go. Demand for OTT platforms has surged recently due to the convenience of accessing content anytime, anywhere. A recent report projects that the global OTT market will reach $139.5 billion by 2028.

Netflix, the king of OTT platforms, leads the competition. With over 231 million paid subscribers globally, Netflix is the undisputed industry leader. Other competitors, such as Amazon Prime Video, Hulu, Disney+, and HBO Max, are challenging Netflix's market dominance.

These OTT platforms offer something for everyone, including binge-worthy original series, top IMDB films, and documentaries. Sit back, unwind, and let us introduce you to the world of OTT video streaming platforms if you're looking for an endless supply of entertainment!

According to a report by Conviva, the global streaming market grew 14% in Q2 2022 compared to Q2 2021. North 

There are several streaming video platforms with new content being produced daily. In addition to movies and series, many platforms offer live events, including sports or music. 

Which streaming service is best for you?

Best OTT

There is a lot of competition for original and binge-worthy content, but ultimately, what you watch depends on your personal preferences.

Netflix, for example, currently has a little more than 5,800 films and series available, according to the Justwatch streaming search engine. Amazon Prime, therefore, offers around 4,800 titles.

Which streaming service is suitable for you depends mainly on your television preferences. Series junkies are better off with another streaming provider than cinema-goers. Are the latest blockbusters vital to you, or do you prefer a comprehensive offer for the whole family?

To make your choice more accessible, we looked closely at the best cloud video streaming services in April 2023 to filter out the better portals from the worse ones. If you are looking for a good streaming provider without a particular focus, we recommend the all-rounders Netflix, Amazon Prime, and Wow.

They have an extensive and balanced mix of movies and series across almost every genre. They also offer all the usual comfort functions, such as parallel streams on different devices or a download function.

1. Netflix

Netflix 2023

It's indisputable: There's no way to talk about video streaming without mentioning Netflix, which earned the title of "streaming giant" for leading a movement in the streaming market.

Netflix is projected to generate approximately 561 million U.S. dollars in advertising revenue in 2023.

Netflix is a massive success case not only for its technology but has also become a reference in the corporate world for its organizational culture innovation and stimulus to leadership. Of the many trends that Netflix was the forerunner of, one of the most popular and impacted the emergence of other streaming was to stop being just a catalog and start investing in producing original content exclusive to the platform.

Pros:

  • Huge selection of TV shows and movies
  • Availability of original content that can't be found anywhere else
  • Ad-free streaming experience
  • Download content 
  • Multiple device compatibility
  • Easy-to-use interface

Cons:

  • Requires a stable and fast internet connection
  • The content library can vary by region
  • Some popular titles may not be available
  • Limited to streaming only, no option to purchase or own content
  • Monthly subscription fees can increase
  • Lack of live TV programming.

2. Amazon Prime Video

Amazon Prime Video

Within the ecosystem of the multinational technology company Amazon Prime offers unique and thrilling content to its audience. 

By 2027, Amazon Prime Video subscribers are anticipated to reach 250 million.

Amazon Prime Video is Amazon's audiovisual streaming platform and has a series of films and series licensed by major production companies and original content in its catalog. 

The great advantage of Amazon Prime Video is that it integrates different benefits for the user, who can enjoy a range of services with a single subscription and consume content in different formats.

Pros:

  • Original content is available only on Amazon Prime Video
  • Ad-free streaming experience
  • Ability to download content for offline viewing
  • Multiple device compatibility

Cons:

  • Limited selection compared to other streaming services
  • Some popular titles may not be available
  • Monthly or annual subscription fees
  • No option to purchase or own content

3. Disney+

Disney Plus

Before Disney+, some of The Walt Disney Company productions were available on other streaming platforms. Still, there was a great demand from fans who wanted access to all the studio's films and series, from the classics to the most modern ones, in an easy and fast way. With this scenario, Disney+ appears with a catalog that unites major entertainment and audiovisual brands, such as Disney, Pixar, Marvel, Star Wars, and National Geographic. In addition, the company already has three other platforms: Hulu, ESPN +, and Star +.

Together, the total subscribers of all Walt Disney Company streaming services have already surpassed the number of users of the giant Netflix.

One of the most exciting points of Disney+ is that film productions from one of the licensed studios are also made available on the platform within an average of 40 to 60 days after being shown in theaters.

Pros

  • Ad-free streaming experience.
  • Multiple device compatibility.
  • Affordable subscription fees.
  • Family-friendly content is suitable for all ages.

Cons 

  • A limited selection of non-Disney-owned content compared to other streaming services.
  • Lack of mature content that may not appeal to some viewers.
  • No option to purchase or own content.

4. HBO Max

HBO Max

HBO Max is an on-demand video streaming platform operated by Warner Bros. Discovery, the owner of Warner Bros., one of the largest movie studios in the world.

HBO Max is considered the ideal streaming service for all generations, with a vast catalog containing extraordinary audiovisual phenomena. You can find productions from HBO, Warner Channel, TNT, DC, Looney Tunes, and Cartoon Network on the platform.

Pros

  • Ad-free streaming experience.
  • Multiple device compatibility.
  • Option to watch newly released movies in theaters and on HBO Max simultaneously.

Cons:

  • Monthly subscription fees are relatively high compared to other streaming services.
  • A limited selection of non-HBO and non-Warner Bros.
  • More family-friendly than other streaming services.

5. Hulu

hulu

If you need more time to get ready to give up cable TV and want to keep watching some of your favorite shows, consider subscribing to Hulu. Unlike Netflix, Hulu has many current cable shows from most major networks. 

The streaming service gives users access to the current season of a show aired on cable television, and it often even features all of the show's previous seasons. On top of that, Hulu also has an excellent selection of original shows, offbeat movies, and a few anime classics. Compared to Netflix, Hulu is also a bit cheaper but prepare to watch some ads even with a paid subscription.

Pros

  • Access to a large selection of current and past TV shows from major networks and a growing selection of original content.
  • Availability of live TV programming and sports events.
  • Ad-supported and ad-free subscription options are available.
  • Ability to download content for offline viewing.
  • Affordable subscription fees.

Cons:

  • A limited selection of movies compared to other streaming services.
  • Some popular titles may not be available.
  • Ads can be intrusive, even with the ad-free subscription option.

6. Apple TV+: 

Apple TV+

Apple relies exclusively on in-house productions for its streaming service. As a result, the selection is considerably smaller compared to the other streaming providers. Where you can otherwise browse through thousands of titles on the virtual shelves, Apple TV+ started in November 2019 with just nine films and series. Two and a half years later, there are only over 120 titles. The content is of high quality and varied.

Pros

  • Ad-free streaming experience.
  • Download content for offline viewing.
  • Multiple device compatibility.
  • Affordable subscription fees

Cons 

  • A limited selection of content compared to other streaming services.
  • No option to purchase or own content.
  • Limited availability on non-Apple devices.
  • No back catalog of popular shows or movies.

7. Paramount+: 

paramount plus 2023

The Paramount service still has some catching up with its big competitors. In the testers' opinion, it has offered an average selection of content in quality and quantity. There are still some highlights, such as the series "Star Trek: Strange New Worlds" and the flat-rate premiere of the cinema hit "Top Gun: Maverick." Otherwise, many old camels at Paramount Plus do not win an innovation award.

Pros:

  • Provides exclusive access to original programs, such as "Star Trek: Discovery" and "The Good Fight."
  • Offers live streaming of CBS Sports and News
  • It provides an ad-free subscription option
  • Download content for offline viewing

Cons:

  • More expensive than some competing streaming services
  • The user interface can be confusing and difficult to navigate
  • Limited availability of some content due to licensing agreements
  • No free trial period for new subscribers

8. WOW

wow

WOW attaches great importance to flexibility because the streaming service allows you to take out an individual subscription package that suits your personal preferences. The WOW series subscription includes, among other things, the top-class series from the US broadcaster HBO, including the Game of Thrones prequel House of the Dragon and the new series Hammer The Last of Us. The provider has a real ace up its sleeve. But there is also plenty to do for fans of cultivated live sports. With a subscription, you can stream the Bundesliga, Wimbledon, and Formula 1, among other things.

Pros:

  • Offers a wide range of live TV channels and on-demand content
  • It provides the ability to pause, rewind, and record live TV with Sky Q boxes
  • Offers flexible subscription options
  • Provides access to Sky Go for streaming on-the-go
  • Offers integration with other Sky services, such as broadband and mobile plans

Cons:

  • It can be expensive, especially with add-on packages
  • Some content may only be available with an additional fee
  • Requires a Sky Q box or a NOW TV stick for streaming on a TV
  • Limited availability outside of the UK

9. Discovery+

discovery plus

Is classic television too dull for you? Then the video streaming provider Discovery+ might be your new virtual home. The platform offers an exclusive program comprising, among other things, true crime series, lifestyle formats, science documentaries, and reality TV shows. Also, various linear channels such as Discovery Channel, Animal Planet, Tele 5, DMAX, TLC, and Eurosport are available. 

Pros:

  • Wide range of content from Discovery-owned networks, including HGTV, Food Network, TLC, and Animal Planet
  • Provides exclusive original programming and documentaries
  • It provides a low-cost subscription option with ads
  • Offers a free trial period for new subscribers

Cons:

  • Limited availability of some popular shows due to licensing agreements
  • No live TV or sports streaming options.

10. Tubi

tubi 2023

Tubi is a popular streaming service that provides free access to thousands of movies and television programs. It was established in 2010 and is based in San Francisco, California. Unlike subscription-based streaming services like Netflix or Hulu, Tubi is ad-supported, generating revenue through advertisements. This enables users to access its content library without a monthly subscription charge. 

Tubi's content inventory contains various genres: action, comedy, drama, and horror. The platform offers titles from major studios and independent producers, providing viewers with diverse selections. 

Pros:

  • Tubi is free to use, with no hidden charges or fees.
  • The service offers a wide range of TV shows and movies, with over 20,000 titles available.
  • The service offers personalized recommendations based on your viewing history, helping you discover new content that you may enjoy.
  • The service features a Kid's section with a wide selection of age-appropriate content, making it a good option for families.

Cons:

  • As a free service, Tubi relies on advertisements to generate revenue, and users will need to watch ads throughout their viewing experience.
  • Tubi's video quality may be lower than other streaming services, and it doesn't offer content in 4K or HDR.

How to decide which is the best OTT platform for movie streaming?

There are a few things to consider when picking the best Over-the-Top (OTT) app for streaming movies. Here are some decisive factors that will help you in taking a wise decision

Content Library: One of the most important things to consider when picking an OTT platform is how many and what kinds of movies it has. Look for a platform that has a massive library with a mix of new movies, old favorites, and popular films.

Pricing: Another critical thing to consider is how much the membership costs. Find a cloud video platform that charges a fair price for its services and gives you a lot for your money.

User Interface: The app's interface should be smooth and easy to use. Choose a platform with a seamless, easy-to-use design that lets you find the movies you want to watch quickly and easily.

Streaming Quality: Streaming quality is a crucial part of a good watching experience. Look for a site with high-quality video, sound, and minimum buffering issues or other problems.

Compatibility: Ensure your laptop, smartphone, tablet, or smart TV can work with the platform. Choose a platform with apps for various devices and running systems.

Extra Features: Some cloud video platforms have extra features, like downloading movies to watch when you don't have an internet connection, parental controls, or personalized suggestions.

Best OTT Platform for Video Hosting: Teyuto

Building a unique OTT streaming platform allows you to customize your viewing experience. Similarly, it allows you to curate content tailored to your interests and preferences.

Teyuto is an affordable over-the-top (OTT) platform that provides impeccable video hosting and delivers a seamless streaming experience. It provides an excellent metadata management, scheduling, and content delivery system, making it easy for creators to publish and monetize their content. Simultaneously, content creators can track their performance using analytics and reporting tools.

FAQs

What is the most subscribed ott platform in the world in 2023?

According to July 2023 statistics, Netflix is the most subscribed OTT platform in the world. It has more global subscribers than any other OTT platform, at over 231 million. Interestingly, Netflix is available in more than 190 countries in the world.

Which ott platform has the highest subscribers in world?

With 231 million subscribers Netflix is the only OTT platform that has the highest subscribers in the world. Amazon Prime comes on second number which has 200 million subscribers in 2023. 

Top 10 ott platforms in world by subscribers

Here is the list of top 10 ott platforms in world by subscribers in 2023:

  1. Netflix 231 Million 
  2. Amazon Prime Video 200 million subscribers
  3. Disney+ 138 million
  4. Tencent Video 124 million
  5. iQIYI: 106 million subscribers
  6. HBO Max 86.8 Million Subscribers
  7. Hulu 43 Million Subscribers
  8. Paramount 32.8 Million Subscribers
  9. Apple TV+ 25 million subscribers
  10. Peacock 20 Million Subscribers

Which is the largest ott platform in the world in 2023?

According to the fresh data available in July 2023 the larsgest ott platform in the world is Netflix which has over 231 million ott subscribers worldwide. 

Top 10 ott platforms in usa

The top 10 OTT platforms in the USA in 2023 are:

  1. Netflix
  2. Amazon Prime Video
  3. Disney+
  4. Hulu
  5. HBO Max
  6. YouTube TV
  7. Peacock
  8. Paramount+
  9. Apple TV+
  10. Sling TV

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