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Report: OTT Video Providers Jockeying for Position as Market Heats Up
Industry participants in the over-the-top video market are positioning themselves for what is anticipated to be a high-growth market with multi-billion dollar revenue streams, reports In-Stat. Companies such as Netflix, Blockbuster, Wal-Mart, Best Buy, YouTube, and Hulu are all vying for a piece of the action.
“OTT video is happening now, with over 37 million broadband households in the US downloading online video content,” says Keith Nissen, In-Stat analyst. “The growing adoption of both OTT video consumption and web-enabled consumer electronics promises to further expand the opportunity content producers and OTT retailers.”
Recent research by In-Stat found:
US broadband households that view OTT video will grow from 38 million in 2009 to 81 million by 2014.
Revenue from OTT video will more than quadruple by 2014 as it approaches $20 billion.
A primary success criteria for OTT video services is access to unique, first-run TV and movie content.
Over one-third of the 18–24-year-old adult households stream full-length OTT video on a regular basis, compared to less than 10% of adult households in the over 45-year-old age brackets.
The research, “
The US Market for OTT Video Services
”, covers the US market for over-the-top video including:
Examination of the over-the-top video market, including drivers and challenges.
Results from In-Stat’s Residential Technology Survey of US broadband households.
2009–2014 Web-Enabled Device Embedded Base Forecast by Broadband Household, and 2009–2014 Forecast of US Broadband Households That Download and Stream OTT Video.
OTT video supplier profiles: Amazon, Apple iTunes, Best Buy, Blockbuster, Digaboo, Film Fresh, Hulu, MicroSoft Marketplace, Netflix, RedBox, Sezmi, Sony, Telcos, Vudu, YouTube, ZapMyTV, and ZillionTV.
Posted on Jun 28, 2010
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