Reportstack Announces the Publication of its Research Report - Global Connected Video Device Market 2014-2018. The following companies are the key players in Global Connected Video Device Market: Amazon.com Inc., Apple Inc., Brightcove Inc., Google Inc., LG Electronics Inc., Microsoft Corp., Netflix Inc., Nintendo Co. Ltd., Ooyala Inc., Samsung Electronics Co. Ltd., and Sony Corp. “Until recently, live broadcasting was only possible through IPTV networks managed by service providers, but OTT delivers video and audio data using the internet without the interference of service providers. Exploring new technology and revenue streams, operators are now trying to integrate OTT into STBs. Powerful mobile devices such as smartphones and tablets have the capability to deliver OTT video services to consumers. OTT apps such as Hulu Plus, Netflix, etc. are becoming more popular among the consumer groups than TV Everywhere apps. The OTT Video market is expected to grow exponentially in the next five years. Some of the big players in this market are Apple HLS, Google WebM and Microsoft Silverlight Smooth Streaming.”
According to the report, one of the major drivers in the market is the increase in online video audiences. The availability of low cost data plans and the use of multiple devices for internet browsing have led to an increase in online video audiences.
Further, the report states that one of the main challenges in this market is the high cost of video device hardware. On average, any connected video device costs around US$600-650. The high cost of smart TV, smartphones, gaming consoles, and PCs is hindering the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150170/global-connected-video-device-market-2014-2018.html.
According to the report, one of the major drivers in the market is the increase in online video audiences. The availability of low cost data plans and the use of multiple devices for internet browsing have led to an increase in online video audiences.
Further, the report states that one of the main challenges in this market is the high cost of video device hardware. On average, any connected video device costs around US$600-650. The high cost of smart TV, smartphones, gaming consoles, and PCs is hindering the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/150170/global-connected-video-device-market-2014-2018.html.
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