In 2018, 2.38 billion people will watch streaming or downloaded video content via any device, according to resesarch firm eMarketer’s first-ever global digital video forecast report.
With mobile phones being the entry point for Internet access in many markets, it is also the primary device for viewing video. eMarketer expects more than three-quarters (78.4 per cent) of digital video viewers to use their mobile phones to watch digitally streamed content.
In total, almost a quarter of the global population will watch video over a mobile phone during 2018 – nearly double the penetration registered in 2014.
In 2018, 1.58 billion people will watch video on YouTube at least once per month, a 9.2 per cent increase over the prior year.
Close to two-thirds of all digital video viewers worldwide will watch YouTube this year, eMarketer estimates.
“Video’s proliferation on social networks and the growth of over-the-top (OTT) streaming platforms are major drivers of digital video viewing worldwide,” said Oscar Orozco, senior forecasting analyst at eMarketer. “However, an understated driver of video viewing is the use of chat apps. We forecast that close to 55 per cent of Internet users will be active on chat apps by the end of 2018. Watching and sharing digital videos is a major feature on chat apps like Facebook Messenger, WhatsApp and WeChat, and for many Internet users, it’s their first experience with digital video. We expect this will continue to be a significant driver of mobile video consumption.” – Advanced Television