By Stanley Meytin
We have been hearing several predictions about the impact of video for years and a recent report from Cisco titled, “Cisco Visual Networking Index: Forecast and Methodology, 2016–2021,” is the latest to speculate about people’s internet consumption and the explosion of video content.
According to the new study, video is predicted to account for an unprecedented 82% of all Internet traffic by 2020. In 2015 that number was 70%, an increase of 12% over the video’s current slice of the online pie, which is over 4.5 trillion YouTube clips. Cisco estimates that video traffic will equal 37 exabytes (EB) per month, that’s total traffic which includes sites like YouTube and BuzzFeed Video, alongside VoD services such as Netflix and Hulu. Although the figures pertain to the US, global video consumption is expected to follow the same.
Cisco Predictions for the Future of Online Video Traffic
Although the predictions appear to be quite impressive, Cisco clarified that it isn’t the amount of video content that viewers are watching but the type of video. We are consuming more and more data-intensive ultra-HD videos on our Smart TVs. Cisco estimates about 20% of TVs by the end of 2018 will be able to support 4K video. Robert Pepper, Cisco’s Vice President of Global Technology policy said the following about the global capacity for video:
“In the future, at some point, every month is going to look like the World Cup month because the consumption just keeps getting bigger and bigger.”
By Stanley Meytin
We have been hearing several predictions about the impact of video for years and a recent report from Cisco titled, “Cisco Visual Networking Index: Forecast and Methodology, 2016–2021,” is the latest to speculate about people’s internet consumption and the explosion of video content.
According to the new study, video is predicted to account for an unprecedented 82% of all Internet traffic by 2020. In 2015 that number was 70%, an increase of 12% over the video’s current slice of the online pie, which is over 4.5 trillion YouTube clips. Cisco estimates that video traffic will equal 37 exabytes (EB) per month, that’s total traffic which includes sites like YouTube and BuzzFeed Video, alongside VoD services such as Netflix and Hulu. Although the figures pertain to the US, global video consumption is expected to follow the same.
Cisco Predictions for the Future of Online Video Traffic
Although the predictions appear to be quite impressive, Cisco clarified that it isn’t the amount of video content that viewers are watching but the type of video. We are consuming more and more data-intensive ultra-HD videos on our Smart TVs. Cisco estimates about 20% of TVs by the end of 2018 will be able to support 4K video. Robert Pepper, Cisco’s Vice President of Global Technology policy said the following about the global capacity for video:
“In the future, at some point, every month is going to look like the World Cup month because the consumption just keeps getting bigger and bigger.”
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