With significant growth in the Chinese market, the forecasts for User-Generated Video use and revenue have shifted upward since last year, reports In-Stat. And with expectations of higher quality content and increasing file size maximums, the demands on bandwidth will likely continue to grow at a faster rate than the number of files/videos served, the high-tech market research firm says.
Recent research by In-Stat found the following:
- Total worldwide UGV revenue is expected to eclipse US$1.19 billion by 2012.
- 160 billion UGV served videos are forecasted for 2012.
- Individuals who use mobile phones to participate in online video sites are most likely to contribute to the market.
The research, “
User-Generated Video, A Global Stage for You”, covers the worldwide market for user-generated video. It provides worldwide forecasts for UGV revenue and served videos, and regional market share percentages for served videos, through 2012. In addition, the results of two consumer surveys regarding UGV are presented and analyzed.