Published February 21st, 2019
According to a new report from Rethink Technology Research, 478 million SVoD subscribers today will grow to 743 million by 2023, with China having the most SVoD subscribers by 2023, but North America still driving the largest dollar volume . Meaning that in only four years, the global average viewing time for SVOD content will rise enough that it will equal the amount of broadcast TV watched.
Europe and Asia will be neck and neck in SVoD revenues by 2023, but with far fewer subscribers
in Europe, each paying significantly more than those in Asia, a region dominated by frighteningly large Advertising VoD streaming numbers.
Netflix will continue to lead in SVoD in both subscribers numbers (outside of China), but will make up 194 million SVoD customers out of 743 million globally by 2023, some 26% of total global subscribers. In the US Netflix today represents 44% of subscriptions, but will only be 31% of the increased US subscription levels by 2023.
Join the conversation on the future of OTT at OTT Day in London
You are invited to join the free-to-attend OTT Day in London on February 27th from 1:30pm-6:30pm at the Novotel Excel Hotel. The event will feature a series of keynotes from industry thought leaders who will address key issues facing the industry today and in the future, challenges and opportunities, new markets and technologies and much more. Register today!
OTT Day London brings together networks, digital media publishers, distributors and technology executives representing a 360 view of the OTT ecosystem. Presentations will cover topics ranging from business models and devices to streaming media technologies that will define and shape TV today and into the future.
Don’t miss out! Register today!
Over the past few years, online video services in Europe have experienced rapid growth, particularly those that follow the subscription revenue model. Global players such as Netflix, Amazon and HBO went direct-to-consumer, disrupting the previous long-term relationship between subscribers and multichannel operators.
Soon after Netflix began showing signs of success in North America and Western Europe, pan-European satellite operator Sky launched its own stand-alone online video service in the UK, combining on-demand content with live streaming TV networks in 2012. Others followed, such as Canal+ with Canalplay in France and Telecom Italia with TIMVision in Italy.
Currently, five services accounted for 89 per cent of the $6 billion in consumer spending attributed to subscription online video services, according to a report published by Kagan, a media research group within S&P Global Market Intelligence.
More proof of just how dominant Netflix is in Europe comes from new data by analysts at S&P Kagan. According to new research from Kagan, Netflix accounted for 52% of all subscription VOD revenues in Europe at the end of 2018.
Dec 09, 2019
Fully integrated, end to end video solution enables the Dutch mobile network operator to provide a truly next-generation TV service
Cambridge 9 December 2019 - Amino, the global media and entertainment technology solutions provider and sister-company 24i, the innovator of next- generation video experiences, today announced that they have entered into an agreement with the Dutch MVNO Youfone to provide a fully-integrated, end-to-end video solution to refresh and expand its TV and OTT offering.
The TV challenger launched its TV services in 2017 and will now rely on 24i and Amino to create a next-generation viewing experience to meet and exceed the increasing demands of modern TV consumers. Youfone will deploy an end-to-end solution that combines Amino’s IPTV and TV Everywhere expertise with 24i’s leadership in video experience design and application development. 24i became an Amino group company in July 2019 and Youfone is the first joint-solution deployment to be announced. The Amino and 24i solution is expected to be live at Youfone in Q2 2020.
The solution will combine 24i’s Smart Video and Smart Apps video experience products as well as Amino’s Amigo 7x Android STBs running on AminoOS, all managed through ENGAGE, Amino’s cloud-based service management platform. The deployment will provide transcoding,middleware, CDN and front-end applications for Android, iOS phones and tablets enabling live TV, catchup, restart and nPVR of approximately 100 channels.
“We are on a mission to challenge how TV services in the Netherlands are delivered by providing our customers with the most extensive and flexible viewing options combined with state-of-the-art features,” said Valentijn Rensing, CEO of Youfone. “We are excited to be the first company to benefit from the combined offering from Amino and 24i which enables us to take our TV and video experiences to the next level.”
“The expertise of the 24i and Amino teams combined with our joint technology solutions gives Youfone the competitive advantage of being able to adapt, grow and manage their TV and video services from one, dynamic platform,” Donald McGarva, Amino Group Chief Executive Officer. “Today’s announcement also marks a major milestone for the Amino and 24i teams as we celebrate our first joint customer deployment since the two companies came together earlier this year.”
NOTE: Amino and 24i will be exhibiting at CES, Las Vegas from January 7-10. To arrange a meeting please contact the companies HERE.
Dec 21, 2018
Jul 15, 2015