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Industry Sector |
Information Technology |
Published |
2 August 2012 |
Author |
Paul Chapman |
Type of News |
Market |
The video content delivery market was valued at $1.8 billion in 2011 and has been predicted to be worth $5.8 billion by 2018.
Global markets are poised to achieve outstanding growth as people look for video content online and enterprises go outside the firewall to get content for employees.
Furthermore, market growth will be a result of the ubiquitous value of video for entertainment and communications.
Video content delivery on the internet is all about content and infrastructure. Infrastructure is needed to manage end point devices, while content is almost an afterthought once the infrastructure has been put in place.
The US video content delivery market continues to be dominated by Netflix and its Watch Instantly service. 61% of digital movies streamed in the US are served by Netflix, and its closest competitor is Comcast, which sits at a distant second with 8%, followed by Apple who sits in a three-way tie for third place with just 4% of the market.
YouTube has recently been experiencing strong growth in mobile viewers and has established key partnerships with content companies to help monetise mobile video. YouTube receives more than 3 billion views per days with approximately 48 hours of video uploaded every minute.
For more information on the video content delivery market, see the latest research: Video Content Delivery Market Report
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