In five years, video will be everywhere, showing up on your phone, on Blade Runner-esque billboards, in your email and on your car’s GPS unit.
According to Forrester analyst James L. McQuivey, Ph.D., you’ll encounter “a dozen video platforms per day,” – what he calls an OmniVideo world. You’ll not only watch more video, but more of the video you watch will be viewed on-demand.
Driving this will be multiple trends:
- Video viewed on-demand will more than double.
- The percent of video that is Internet video will more than triple.
- The percent of video consumed on mobile devices will double.
- The percent of video that is user-generated will jump from 2% to 10%
“When nearly every surface in your environment can display video, marketers will pay a pretty penny to show up at the bottom of a food bowl or in a bathroom mirror, where their product marketing message will be far more relevant than it is on a TV today.” notes McQuivey. “The only broker of this ad space in your home is you: We envision ad networks one day paying you for the right to aggregate your ad experiences.”
McQuivey predicts that, by 2012, you may spend your day:
- waking up to a video alarm clock;
- checking satellite weather videos on your mobile phone;
- watching traffic videos on your GPS unit while driving in to work;
- watching an ad for a Ford Edge on Gas TV while fueling up at a gas station;
- streaming MSNBC stock reports from your desktop at work;
- seeing a short address from your CEO in a meeting-room photo frame;
- watching a promo for American Gladiators in the back of a video-enabled taxi on the way to the airport;
- hearing Glenn Beck’s take on the elections while waiting at the airport gate;
- watching a clip from your daughter’s middle-school debut in Guys and Dolls that your spouse emailed as you board the plane;
- indulging in American Idol on the satellite TV on your JetBlue flight;
- checking in at your hotel through a video kiosk; and finally
- catching Iron Man in HD on the hotel room’s flat-screen TV.
In Forrester’s view, video “is about to explode, driving up total video viewing time from 4 hours per day to 5 hours by 2013.”
[...] the one from June 2008 when about 94 million videos were consumed in the USA. People love watching videos. The story is almost similar in the UK. According to UK’s Guardian about 3.5 billion video clips [...]
By: Kamla Bhatt Blog » Bangalore Diaspora Entrepreneur Interviews Ideas India Internet and Telecom Start-ups TechLife - Financial Express Technology Venture Capital Video » TechLife: Has The Time For Video Ad-Networks Arrived? on July 20, 2008
at 7:24 pm