Australia - Digital Media - Video Streaming - Trends, Developments and Statistics
Driven by the successful US-based Netflix video streaming service from America, several Australian companies have launched new video streaming services or updated their services.
Until now services offered by ISPs have failed to attract large paying-user bases in early 2015 there were only around 128 million subscribers globally, and some 800,000 in Australia.
By far the largest growth in video entertainment comes from user-generated content services such as YouTube, Facebook and a whole new range of services of short, and even super-short, videos. Catch-up TV would be the second largest category.
These developments will significantly influence video streaming developments and future models will therefore have to be substantially different from those of today. The best way to envisage this is to look at the smart devices which provide app-like' interfaces to new content services that supply instant streaming.
BuddeComm estimates that downloading and streaming of video now constitutes well over 50% of all regular online video usage, and that this will only increase over time.
There is a correlation between the availability of high-speed broadband and video streaming usage and it is envisaged that further increases in high-speed broadband penetration will drive new video streaming developments. The rapid growth of smartphones and tablets is also giving this market a boost, as well as new business models such as pay-per-view. New video streaming services are already being streamed over these devices as well as over gaming devices.
In this report we offer an analysis and a market overview, with some statistics and results from recent industry surveys.
IPTV, Video-on-Demand, video podcast, online video, streaming, smartphones, tablets, smart TVs, virtual reality,IPTV companies are covered in a separate report: Australia - Digital Media Video Streaming - Major Players
Companies mentioned in this report:
Telstra, Optus, FetchTV, Bigpond, Google, Apple, iiNet, ABC, Netflix, Foxtel, NBN Co, Quickflix, Hulu
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