SYDNEY, June 15, 2017 - Ooyala, a leading provider of software and services that simplify the complexity of producing, streaming and monetising video, today released its Q1 2017 Global Video Index, revealing, for the first time, long-form content represents the majority of time spent watching video on every screen. This quarter’s report also found that the Asia Pacific region had the largest growth in mobile video consumption globally jumping 15% from a year ago.
Long-Form Leads On Every Screen
While short-form video has the greatest chance of being watched in its entirety, for the first time, long-form content—greater than 20 minutes in length—now represents the majority of time spent watching video across all screen sizes, at 63%.
Much of that is due to the increasing amount of premium content that services are now making available to all devices. As longer content becomes more prevalent, short-form is losing its dominance, particularly as larger mobile screens are now more common.
By device, the study finds long-form content now represents:
Global Video Consumption: Mobile Paves the Way
Mobile viewing continues to be a major driver of OTT growth, reaching a new high of nearly 57 percent of all video plays in Q1 2017 with smartphones accounting for 47 percent of total plays and tablets the other 10 percent. Although mobile plays were dominant in every region, Ooyala found an 11 percent variance in consumption between North American viewers and more active viewers in the Asia-Pacific (APAC) region; while Europe, the Middle East, and Africa (EMEA) and Latin America (LATAM) saw more than 10 percent year-over-year growth in mobile consumption.
Regionally, the study finds:
“Adoption of mobile devices isn’t slowing down, and consumers are as comfortable watching long-form content on smartphones and tablets as they are short clips,” said Ooyala Principal Analyst and Strategic Media Consultant, Jim O’Neill. “It’s no longer enough simply to deliver content to a mobile device. Ensuring the highest quality video, in addition to easy discovery and navigation, has become a must-have for any compelling viewing experience. Video providers should be prepared to make all of their content available for mobile consumption, and business strategies must embrace all screen sizes.”
More Q1 2017 Global Video Index Highlights:
Steve Davis, Vice President and General Manager, Asia Pacific and Japan, Ooyala, added, “Clearly, video consumption will begin to look very different in Australia in the coming years. Global forces, technology shifts and changing consumer habits means that companies charged with providing content face significant disruption and the need for fundamental change. Overcoming these challenges and charting new strategies should be a central focus.”
Ooyala is a leading provider of software and services that simplify the complexity of producing, streaming and monetising video. Providing a set of Integrated Video Platform solutions, Ooyala’s comprehensive suite of offerings includes one of the world's largest premium video platforms, a leading ad decisioning platform and a media logistics solution that improves video production workflows. Built with superior analytics capabilities for advanced business intelligence, Ooyala's solutions help broadcasters, operators, media and production companies get content to market faster, build more engaging and personalised experiences across every screen, and maximise return for any video business.
Vudu, Star India, Sky Sports (U.K.), ITV Studios (U.K.), RTL Group (Germany), TV4 (Sweden), Mediaset (Spain), America Television (Peru), and Media Prima (Malaysia): these are just a few of the hundreds of broadcasters and media companies who choose Ooyala.
Headquartered in Silicon Valley, Ooyala is a subsidiary of global telecommunications and IT services company Telstra and has offices in Chennai, Cologne, Dallas, Guadalajara, London, Madrid, New York, Paris, Singapore, Stockholm, Sydney, Tokyo, and sales operations in many other countries across the globe. For more information, visit www.ooyala.com.