Last updated: 22 Nov 2017 Update History
Report Status: Archived
Report Pages: 29
Analyst: Kylie Wansink
The global streaming revolution is gathering pace. Streaming is closing in on broadcast TV with some studies finding consumption is on a par. The Internet now rivals broadcast TV as a vehicle to deliver consumer content. Streaming and digital downloading will become the primary way in which households enjoy movies and TV and this will play out over the next decade as more and more consumers use IP-enabled devices at home.
Pay TV across the various platforms – including cable TV, IPTV, and satellite TV – continues to rise in popularity, and this trend is reflected in the market’s increasing service revenues. IPTV is the fastest-growing pay TV platform from a global perspective.
Video applications over broadband are being used by many different industries for advertising, marketing, demonstration, entertainment and communication purposes. Video streaming already makes up the largest component of internet traffic, and is set to continue growing faster than other digital formats. Streaming video providers themselves face increasing competition as more and more companies enter this extremely promising market. The most successful of these has been US-based Netflix.
This report provides insights into the Digital TV, VoD and Video Streaming broadcasting sectors. It includes analyses, key trends, examples and key statistics.
As you know, I have resigned from the Labor Ministry and have decided not to re-contest the seat of Charlton at the next election – both for personal reasons.
Before leaving Parliament, I particularly wish to record my thanks to you for your generous and constructive participation in the deliberations that generated significant economic policy reforms for the Australian community. Continuous economic transformation is a key challenge that faces all Governments.
The development of sound public policy should always be contestable. Ultimately, good and equitable outcomes are not concessions to any particular interest group, but the careful balancing of interests to create the greatest possible benefit for the nation. You have contributed to that, and I sincerely thank you for it.
Greg Combet, Former Minister for Climate Change, Industry and Innovation
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