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November 30, 2022Consumers now watch more than six hours of video per week on their mobile phonesInternational research firm addresses video disruption and shifts in device platforms at fifth annual Future of Video conference Parks Associates’ fifth annual Future of Video: OTT, Pay TV, and Digital Media, December 12-14 at the Marina del Rey Marriott, features industry leaders from Sony, Xperi, VIZIO, Amazon, Sinclair Broadcast Group, Disney Streaming, Crackle Plus, Samsung TV Plus, and more. Future of Video sponsors include Adeia, FPT Software, Quickplay, SymphonyAI Media, Comcast Technology Solutions, Metrological, MediaKind, and Friend MTS. The firm’s research finds that consumers have maintained recent increases in the amount of time they spend watching video on their mobile phones, while time spent consuming video on a TV set, tablet, and computer continues to decrease. Advertising-based online video (AVOD) accounts for the largest share at nearly two hours per week on average, but consumers also spent more than one hour each watching subscription video services (SVOD) and livestreaming content on their mobile phones.
“The shift between platforms will push the industry to tailor services and content more aggressively to suit mobile phone viewers,” said Elizabeth Parks, President and CMO, Parks Associates. “This changing dynamic will likewise increase the importance of AVOD offerings, already increasingly popular on mobile phones.” Parks Associates hosts the pre-show workshop “OTT Market & New Era of Video Consumption” on December 12, with a deep dive into the firm’s research on consumer viewing habits, platform preferences, and future purchase and subscription intentions. The Future of Video conference, December 13-14, features these keynote speakers:
AVOD and FAST: The Future of TV
About Future of Video: OTT, Pay TV, and Digital Media Future of Video: OTT, Pay TV, and Digital Media brings together senior leaders to share insights on new trends in the video and connected entertainment industries, with insights on consumer adoption, churn, and spending. The event provides insight into successful OTT strategy deployments, challenges for pay-TV providers, the role of connected CE in the growth of video viewing, new content formats, and the overall impact to the video market. Future of Video addresses new strategies for cableco, OTT, and mobile service providers to provide high-quality customer service, retain subscribers and attract new customers, and design bundled options through new distribution strategies. Future of Video takes place virtually on February 10, March 31, May 5, July 21, and September 10, 2022, with an in-person conference on December 12-14, 2022. For more information, visit www.futureofvideo.us. Register Now. |
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Data & Media Contacts![]() Rosey Sera 972-996-0233 - Email Speaker Contacts![]() Mindi Sue Sternblitz-Rubenstein 972-996-0212 - Email Contact Parks Associates today to speak with an analyst or request research data. |