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

Global Rise of Domestic Payment Ecosystems

Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...