With headlines like OTT Revenue to Rise 35% in 2019 I wish I owned an OTT service, wherever could I find someone who builds OTT services?
Worldwide spending on telecom services and pay-TV services totalled $1,615 billion in 2018, an increase of 0.8 per cent year over year, according to the International Data Corporation (IDC). Worldwide Telecom Services Database. IDC expects for the worldwide spending on Telecom and Pay-TV services to reach $1,657 billion in 2023.
Mobile services will continue to dominate the industry in terms of spending, with mobile data still expanding, driven by the booming smartphone markets. At the same time, growth in mobile voice is slowly declining, due to fierce competition and market maturity. The mobile segment, which represented 53.1 per cent of the total market in 2018, is set to post a compound annual growth rate (CAGR) of 1.4 per cent over the 2019-2023 period, driven by the growth in mobile data usage and the Internet of Things (IoT), which are offsetting declines in spending on mobile voice and messaging services.
Over-the-top revenue rose 37% in 2018 to $16.3 billion and is on pace to grow another 35% to $22 billion in 2019, according to The Convergence Research Group’s annual The Battle for the American Couch Potato reports.
According to the Convergence reports, traditional pay TV subscribers will continue to decline — down and estimated 5% in 2019 from a 4% drop in 2018 — average revenue per unit will increase. Convergence estimates that traditional pay TV ARPU will be three times that of its OTT counterparts by 2021.
WarnerMedia has to bring out the big guns, as it will compete with Netflix, Disney+, Hulu, Amazon Prime, and Apple+ when it launches in beta later this year. The new service is tentatively called HBO Max, and will feature content from WarnerMedia channels such as HBO, TBS, TNT, Cartoon Network, Adult Swim and more.
Some 18.6 million users simultaneously tuned into Hotstar’s website and app to watch the deciding game of the 12th edition of the Indian Premier League (IPL) cricket tournament. The streaming giant, which competes with Netflix and Amazon in India, broke its own “global best” 10.3 million concurrent views milestone that it had set last year.
Hotstar topped the 10 million concurrent viewership mark a number of times during this year’s 51-day IPL season. More than 12.7 million viewers huddled to watch an earlier game in the tournament (between Royal Challengers Bangalore and Mumbai Indians), a spokesperson for the four-year-old service said. In mid-April, Hotstar said that the cricket series had already garnered a 267 million overall viewership, creating a new record for the streamer. (Last year’s IPL had clocked a 202 million overall viewership.)
The new Apple TV app, which brings together all the ways to watch TV into one app, is available starting today in over 100 countries across iPhone, iPad, Apple TV and select Samsung smart TVs.
Telestream and NPAW (Nice People At Work) have announced a go to market partnership that sees the companies integrating their video monitoring and analytics platforms.
In turn, this enables Telestream and NPAW to implement cross reference selling strategies across a range of markets.
In today’s video delivery environment QoS and QoE are essential pre-requisites and the ability to monitor and analyze video throughout the delivery chain is a critical element of this.
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