By: MediaPost
Online video is set to play a huge role in the quadrupling of online traffic over the next few years. From 2011 to 2016 the traffic will increase due to an explosion of various devices, according to Cisco’s most recent report.
The number of net connections is set reach close to 19 billion – a major increase due to steady growth in smart phones, tablets and other devices. Cisco expects about 1.2 million of video minutes to travel the net every second in four years.
Globally, there should be over 1.5 billion of online video consumers by 2016, a jump from 792 million users in 2011, Cisco suggests.
Computers should only account for 81% of web traffic by 2016, compared to 94% last year and it’s all because mobile handheld devices are turning into the gateway to the Internet for many people.
Can video production companies and video content producers take advantage of that?
Read the original story here.
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