Digital video will overtake physical in East APAC by 2017
The video markets of 12 East Asia Pacific countries tracked by Dataxis are forecast to generate total digital video revenues of $4.31 billion in 2017 – surpassing the physical video market for the first time driven by fast-growing, high-speed broadband penetration.
Japan and South Korea generated about $400 million in digital video revenues in 2007 – (96.7 per cent of the region’s digital total) mostly from digital video rentals as Download-To-Own and SVoD services only began to take hold from 2010. By 2014, however, digital video revenues in Japan and South Korea had risen to $1.92 billion with SVoD particularly popular on mobile devices in Japan. Dataxis estimates that Japan had 10 million SVoD subscribers end-2010 and should see a ramp in growth with the expected launch of Netflix by end-2015. …
… read on at advanced-television.com
Originally posted at Advanced Television
17th September 2015