Technology

PwC estimates OTT to rake in $552 mn in India by 2015

MUMBAI: The over-the-top television market might still be in its infancy in India but still holds a lot of promise in future, a fact that is borne out by PricewaterhouseCoopers which forecasts 176 million OTT viewers by 2015 generating revenues of $552 million.


Mobile Internet TV is one of the biggest growth areas in India with a third of Indian smartphone users watching TV on their smartphones, according to the PwC research. Content streaming solutions firm Vidiator commissioned PwC for the research.


With television household penetration hitting 65 per cent, there exists tremendous opportunities for live OTT and mobile Internet TV for those households that currently have no existing terrestrial infrastructure, cable or satellite services.


Currently, the Indian market has just one over-the-top (OTT) television distribution platform in the form of Ditto TV launched by Zee New Media, the digital arm of Zee Entertainment, in March this year. There are numerous on-demand online content providers like NyooTV, BigFlix and Eros Now, among others.


The huge opportunity notwithstanding, Vidiator CEO Tae Sung Park warns that despite consumers? huge appetite for mobile streaming services, Indian mobile operators are being overly cautious towards this potentially lucrative opportunity.


The reluctance of telcos stems from an understandable concern about major investments into hardware and infrastructure and fears about the length of time it will take to recoup the money they think is needed to launch an OTT service, says the report.


On top of this, many operators are busy rolling out 3G and LTE infrastructure and are worried about finding the resources to also deploy a video streaming service. They also question their ability to recoup the incremental costs of offering OTT at good enough quality to paid service in a pre-pay market.


An independent survey of Indian consumers was conducted to find out what people want from mobile video and if they?d ever pay for it. Of those surveyed, 88 per cent said they would consider paying for mobile video now or in the future, with as many 54 per cent saying they had already paid to access content.


However there is a caveat attached: People will only pay for video that is good quality and that is delivered quickly, particularly since the biggest problem faced by consumers while accessing content online is that of buffering and poor quality images. The biggest issue, however, is that 68 per cent of the people surveyed expressed dissatisfaction with the time it takes video to load.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/05/16/divesh.jpg?itok=zBE4YL3k
Livestreaming App SWOO sees momentum in India; Launches Trivia Format in India

SWOO, a leading global livestreaming platform established in Middle East, today announced the launch of its SWOO TRIVIA SHOW ? a celebrity hosted live video streaming game show for Indians. SWOO is a user friendly, engaging and feature-rich live broadcasting app available across Android/ iOS/ Web...

Technology Software Applications
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/05/14/TiVo-800.jpg?itok=YeoN1Hcd
TiVo exits STB business

MUMBAI: TiVo is exiting the manufacturing, sales and distribution of set-top boxes to a yet-undisclosed third party, the company has said.

Technology Hardware Set-top Boxes
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/05/09/iot.jpg?itok=8nXgmc_U
IET India IoT Panel joins hands with exhibitions india group for the 3rd edition of IoT india congress

IoT India Congress is India?s Platform of Platforms for the Internet of Things conceptualized by IET India IoT Panel, a think tank constituted by the Institution of Engineering and Technology (IET) India. The 3rd edition of IoT India Congress will be hosted in collaboration with India?s leading...

Technology Software Firmware
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/05/08/lexi.jpg?itok=uPD543QG
Tata Elxsi's Automation suite adopted by pan-European Media and Telecommunications Company

Tata Elxsi, a global design and technology services company, announced the licensing of its integrated test automation and monitoring suite ?FalconEye? to a pan-European media and telecommunications company for OTT automation and improving streaming performance.

Technology Software Firmware
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/04/13/nabshow.jpg?itok=S9rP2yss
Verimatrix recognized for contributions to latin american Pay-TV market with PRODU award win at NAB Show

LAS VEGAS: Verimatrix, a specialist in securing and enhancing revenue for network-connected devices and services, has received the PRODU Award for Best Pay-TV Technology Contribution on behalf of its MultiRights? OTT solution. MultiRights helps service providers effectively navigate the modern OTT...

Technology Software Firmware
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/04/09/magai.jpg?itok=233hZ8S7
Amagi debuts machine-learning powered content-preparation suite

Amagi, a cloud-based technology provider for media processing, has launched Tornado, a machine learning-based content preparation service that enables TV networks and content owners to scale their operations and accelerate broadcast workflows.

Technology Hardware Components
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/03/08/tivo.jpg?itok=1e68Zg0C
Sharp and TiVo extend interactive program guide deal to power content Discovery across entertainment devices

MUMBAI: TiVo Corporation (NASDAQ: TIVO), a global leader in entertainment technology and audience insights, today announced that Sharp Corporation will further utilize TiVo?s G-Guide HTML across Sharp 4K smart TVs and Ultra HD Blu-ray recorders in Japan, TiVo?s G-Guide xD app and remote schedule...

Technology Hardware Components
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/01/25/priyanka.jpg?itok=s2F-oxzy
HARMAN announces Priyanka Chopra as global brand ambassador

HARMAN International, a wholly-owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, today announced that actress, singer, producer and philanthropist Priyanka Chopra has been named a global brand ambassador for the...

Technology Hardware Components
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/01/24/etere_0.jpg?itok=PCzLNCEq
Etere HSM expands interoperability with Grass Valley

Etere HSM features an integration with Grass Valley that improves interoperability, streamlines connectivity, enables faster content processing and includes deep archive capabilities. Etere introduces a new integration layer between Etere Hierarchical Storage Management (HSM) and Grass Valley...

Technology Hardware Components

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories