Another great week of this new year and all the dust is settling on the previous year with huge numbers across the board as TV continues to trend towards the digital future.
US consumers will spend some US$18 billion on subscription video streaming services this year, up 27% compared to 2018, according to the Consumer Technology Association (CTA).
The latest edition of CTA’s ‘US Consumer Technology Sales and Forecasts’ report, released ahead of CES this week, predicts that spend on music and video streaming services combined will generate US$26 billion in revenue, 25% higher than last year.
In terms of TV hardware, CTA expects sales to remain above 42 million units in 2019, a 1% decrease on last year, but to register US$22.6 billion in revenue, a 2% increase.
More than 75% of TV shipments are expected to be sets with 40-inch screens or larger, with 4K Ultra High-Definition sets now making up more than half of all TV unit sales.
The German video market stepped up its dynamic transition in 2018, driven by subscription spending. Consequently, it is the 5th largest in the world with an estimated annual spend of circa €9 billion in 2018, up 6 per cent on 2017, according to the latest Video Insights country report from Futuresource Consulting. Furthermore, with a robust pay-TV market, rapid progression of SVoD and with a growing acceptance of transactional digital video services; annual consumer spend is on course to exceed €10 billion by 2022.
Amazon’s Fire TV may be moving into the lead among video streaming devices, with its lineup of products attracting “well over” 30 million active users, the company said Wednesday at CES. And that number could grow soon, too.
“We’re still in the middle of the ‘buy’ to ‘turn on’ period” from the holiday shopping season, Amazon’s head of Fire TV, Marc Whitten, said in an interview with CNET on Wednesday at CES. So the number of active users could increase before long.
The 30 million figure puts Fire TV ahead of Roku, widely considered one of the most popular streaming-video products, which earlier this week estimated it had 27 million active users. Roku declined to comment.
It’s also up from the 25 million Amazon disclosed in October, suggesting growth of 5 million new accounts in three months.
Instead of streaming a full game with all the players, graphics, and announcers, starting in February Twitter will stream the second half of some NBA games — yes, only the second half — but the camera will focus on a single player.
Hulu is keeping its pedal to metal in the streaming TV race: The company said it ended 2018 with more than 25 million total subscribers, a net gain of 8 million for the year.
The 47% year-over-year growth in subscribers for 2018 gives Hulu more video customers than the U.S.’s biggest pay-TV providers — including Comcast, one of its owners. But that’s not purely apples-to-apples: Hulu does not break out how many of its subscribers are only on subscription video-on-demand plans versus how many have live TV packages (which include access to the SVOD content).
According to a research that was conducted by Ofcom, the use of landline telephones has been halved in the past six years while mobile data has risen by tenfold during the same period. It also suggests that remembering phone numbers could soon be considered to only be a part of history.