May 28 2008 / by Accel Rose
Category: Entertainment Year: 2013 Rating: 2 Hot
A new study from ABI
Research forecasts the number of viewers who access video via
the Web to nearly quadruple in the next few years, reaching at
least one billion in 2013. “
“
“The rapid expansion of broadband video creates opportunities
across a number of market sectors,” comments senior analyst Cesar
Bachelet. “A wide variety of actors aim to gain a share of this
fast-growing market: not only content owners such as the BBC and NBC
Universal, and Internet portals such as AOL and
Yahoo!, but also
a range of new entrants including user-generated content sites such
as YouTube and
Dailymotion, broadband video
sites such as CinemaNow and Lovefilm, and Internet TV
providers such as Apple, and Zattoo
Sparked by increasing broadband penetration and rising
connection speeds available to a growing percentage of the world’s
population, online video is growing as quickly as the supporting
infrastructure can be built. (cont.)
With the increase in quality programming made available via the
web (shows like LOST, movies on demand); explosion of user
generated content created at home online environments like
Second Life
and World of Warcraft
and up-tick in news that goes direct to the web, and considering
that all of this programming will then find its way to the users
that want and need it most thanks to evolving semantic, search,
aggregation and sorting technologies, a lack of relevant
programming will certainly not drag down the trend.
In short, I buy the 2013 timeline, especially in the context of
accelerating change and exponential
information growth . Anecdotally, I can easily see hundreds of
millions of new users watching web video as all of the associated
costs (time, $, frustration) drop steadily.
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