getty The media and telecommunications sectors are experiencing massive disruptions. During the pandemic, consumers streamed entertainment at unprecedented volumes and subscribed to new video services by the millions. Demand for next-generation over-the-top (OTT) video delivery services continues to increase worldwide. We expect global video operators to continuously adapt their delivery infrastructure to meet surging streaming demand over the next two decades. In the first quarter of 2022, consumer spending on streaming video subscriptions rose nearly 17% to a record $6.9 billion, up from $5.9 billion in the first quarter of 2021. Not only did overall media consumption pick up in the first quarter, but media and entertainment companies continue to develop binge-worthy content, creating more than 550 scripted shows last year, up more than 200 since 2013. Given the traditional complexity of video delivery and the rapid rise of streaming services, it is no surprise that video is at the leading edge of today’s largest digital transformation opportunity. In just three years, Disney+ successfully signed up more than 137 million subscribers . Combined, Disney’s trio of streaming services—which includes Disney+, Hulu and ESPN+—now reaches 205.6 million subscribers globally. While demand is booming for streaming services, there are many global […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
