American music streaming service revenues increased by 29% last year to reach $1.87 billion, accounting for more than one-quarter of total industry revenues. Growth was at the expense of both digital downloads and physical media revenues.
Digital audio consumption is moving to mobile. American smartphone listeners will grow nearly 15% to just under 100 million people — that’s 52.3% of smartphone users. Moreover, 77.3 million people will listen via tablets — that’s 45.5% of digital music listeners and 48.7% of tablet users.
As the U.S. economy perseveres from recession to potential resurgence, consumers continue to power a growth in subscription-based video on-demand (SVOD) services — such as Netflix, Hulu and Amazon Prime. According to Nielsen, 41% of U.S. homes had access to an SVOD service in fourth-quarter 2014.
By 2025, mobile video will account for more than 20% of total video viewing minutes among U.S. consumers (including legacy TV). Television is also transforming from a social medium to an individual medium — defined by solitary viewers watching programs on smaller, more personal devices.
via TDG Research
The uptake of subscription video on demand (SVoD) services in China will rise to 28.3 million users and generate over $1.2 billion in 2016, accounting for 6 percent of overall pay-TV revenue. This development goes hand in hand with FTTH/B connections nearly doubling from 66 million in 2014 to 117 million in 2016.
via Pyramid Research
The ten leading pay-TV operators in the United States collectively lost 20,600 subscribers in the last quarter of 2014. Cable TV operators collectively lost over 800,000 digital television subscribers in all of 2014. While overall television subscriber numbers in America remain flat.
The increased adoption of IPTV in the Asia-Pacific region has resulted in significant growth of the Global IPTV Market, leading to a projected CAGR of 20.32 percent from 2014 to 2019, says research firm TechNavio. IPTV operators in the APAC region are focused on increasing their customer base and revenue through promotional campaigns and providing services with low installation costs.