Bitmovin Unveils Key Challenges and Opportunities Guiding the Future of Streaming Media

The Emmy Award-Winning World Leader in Digital Video Technology Publishes its 5th Annual Video Developer Report Featuring the Latest Trends in Codec Adoption, Playback Support and Analytics Solutions

San Francisco, CA – December 2, 2021 – Bitmovin, a world leader in digital video technology, today unveiled the results of its fifth annual Video Developer Report.  This year’s data reveals a maturing video/streaming/OTT industry overall, experiencing key areas of growth, innovation, and opportunity as consumption and pressures to personalize and deliver seamless experiences increase.  

Conducted between July and August 2021, the Video Developer Report underscores the most relevant issues to the video developer community. As more devices come online each day, the pressures mount for industry professionals to continually innovate, increasing quality and engagement all while carefully controlling costs. This report illuminates the inter-connected and competing priorities developers are facing and how they’ve evolved over time. This year, low latency streaming topped the charts as both the biggest challenge and largest opportunity for innovation, primarily driven by demand for more interactive experiences and competition with traditional broadcast latency. unnamed

Key findings include: 

  • Increased consumption and variation in device preference.  

o    81% of respondents deliver streams via HTML5 in desktop browsers, followed by 57% via HTML5 on Android.

o    Smart TV brand preference varies by region, with Philips the preferred Smart TV brand in Europe, the Middle East, and Africa (EMEA) and Vizio in North America. 

o    Sony PlayStation 4 (PS4) is the most popular console for streaming in North America, outranking many Smart TV brands. Console use in all other regions of the globe is much lower.

  • Regional shifts and the quest for compatibility.  

o    Streaming device usage differs significantly worldwide. While Apple TV is most popular in North America and Asia Pacific, it comes in at only #5 in Latin America (LATAM).  

o    Android TV is preferred in LATAM (44%) and EMEA (51%), with others, such as Chromecast TV, closely behind at 44% in LATAM and 38% in EMEA.  

o    These differences are largely due to variations in infrastructures, as devices like Apple TV require a powerful, consistently reliable Internet connection which is not available in all areas of the globe. 

  • A ‘changing of the guard’ in codec usage. 

o    The AVC/H.264 video codec continues to dominate device reach, however newer and more efficient codecs, such as HEVC, VP9, and AV1 all saw increases in testing and production usage in 2021. HEVC is being deployed currently by nearly 50% of survey respondents.  

o    Increased AV1 usage on consumer platforms like YouTube and Netflix and support from affordable devices like Fire TV Stick 4K Max signals a potential shift toward broader AV1 adoption across the ecosystem. 

o    Reigning audio codec AAC continued its position at the top but did see some incremental decline over the past year while multiple Dolby audio formats rose in popularity and usage. 

o    The most popular streaming format, HLS, saw its first usage decline. With CMAF rising in adoption from 21% to 26%.  

  • Critical importance of video analytics platforms.  

o    Industry standards are essential in the video broadcasting space, and leveraging the power of an analytics platform is key to optimizing organizations for scalable growth. This year’s study found that for the first time in two years, in-house solutions took the top spot for analytics at 39% over Google at 37%, indicating more sophisticated usage and that basic traffic and completion rates are no longer sufficient.

o    As the market landscape becomes increasingly competitive, video analytics play an integral role in monitoring viewer experiences/engagement and gaining audience insights to improve future offerings and solutions.  

“This year’s Video Developer Report reveals several indicators about the continued maturity of the industry as a whole,” said Stefan Lederer, CEO and Co-Founder of Bitmovin. “We’re seeing increased consumption across the board, along with accelerated innovation and pressures from consumers to enhance innovation and personalization to deliver the seamless streaming experience they continue to expect. Center stage as well in this year’s results is the rising importance of video analytics platforms as a key element of scalability and successful workflows.” 

Survey Methodology: 

For the fifth consecutive year, Bitmovin has conducted its Annual Video Developer Survey between July 7-August 22, 201. The number of participants in the Survey and countries represented reflect a global surge in demand for streaming. Bitmovin surveyed a sample set of 538 video developers, industry experts, customers and prospects from 65 countries. For the first time in 2021, Bitmovin introduced a ranking option for responses to some questions and adapted the question line-up to acknowledge the addition of new developments and technologies over the past year. Consistent with years past, demographics such as industry, company size, and job titles were predominantly in three key industry categories: broadcasters, integrators, and OTT streaming services, and more than two-thirds of survey participants hold technical roles.  

Download the Bitmovin’s 2021 Video Developer Report

About Bitmovin 

Bitmovin is a leading provider of video infrastructure for global digital media companies and service providers. The company has been at the forefront of industry innovation and all major developments in the digital video streaming industry. Bitmovin built the world’s first commercial adaptive streaming player and deployed the first software-defined encoding service that runs on any cloud platform. Its cloud-native technology offers the most flexible and scalable media encoding, playback, and analytics solutions available with unparalleled device reach, ease of integration, and world class customer support. Bitmovin customers benefit from optimized operations, reduced time-to-market, and the best viewer experience possible. 

Bitmovin is headquartered in San Francisco, California and has domestic offices in Chicago, Seattle, and New York; and internationally in Vienna, Klagenfurt, London, Hong Kong, and Sao Paulo. The company has over 400 customers across the globe including ClassPass, BBC, fuboTV, Hulu, and Discovery. For more information, visit www.bitmovin.com

 

ottverse.com
OTTVerse
Pallycon April NAB 2024

Leave a Comment

Your email address will not be published. Required fields are marked *

Enjoying this article? Subscribe to OTTVerse and receive exclusive news and information from the OTT Industry.