OTT and Multi-Screen TV Drive Spending on Video Equipment
The overall broadcast and streaming video equipment market grew 5.6% worldwide in 2013, to $1.6 billion, as spending on content delivery networks (CDNs) increased while spending on contribution encoders and video-on-demand (VOD) playout servers decreased. Infonetics Research forecasts the total market will reach $2.5 billion by 2018.
“We are very early in a long-term transition to software-based and SDN-controlled video processing,” said Jeff Heynen.