Skip to main content

Video Services Key Growth Area for 2006

According to Parks Associates, video services will be a significant area of growth in 2006, and technologies that match this content with trends toward personalization and interactivity will be important precursors to the future of digital services.

"At 2006 International CES, people should definitely look for solutions that enable new and unique on-demand content services," said Harry Wang, analyst at Parks Associates. "The technologies that fulfill the service requirements for the new standards in interactivity will see a lot of success in 2006."

Over the next few years, video-on-demand (VOD) will become the service differentiator for U.S. carriers, and by 2009, the average video revenue per subscriber will be $163 per month, up from $87 per month in 2005, according to Parks Associates.

"Some major service providers will unveil IPTV services in 2006," said John Barrett, director of research for Parks Associates. "IPTV providers will further intensify competition in the TV market by introducing more flexible service models that combine choice and convenience."

At 2006 International CES, Parks Associates is hosting a special pre-show workshop, Portable Players, Bundled Services, & the Global Landscape, on January 4, 2006, as a CES primer.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without