Have you ever wondered about the potential that online video marketing has got? Then it’s high time you did; simply because the scope that this industry offer is going high and high, per day. It has become practically impossible to think of an online marketing movement if not supported by videos.
Recent studies state that the sum of data consumed each month by online videos will be more than quadruple by 2016, which is over 45,000 petabytes. According to a research conducted by Interactive Media Strategies, corporate spending on hosted or software-as-a-service based solutions for video is expected to grow at a rate of 47% from now through 2015. Annual spending on hosted services for video is expected to mount to $697 million by the end of 2015. This huge growth is anticipated to come from all sectors and company segments over the next few years.
This would subsequently result in an increased ad spending over the next few years. The great news is that the number of ads being watched by users is increasing; giving these forecasts a solid push. As of December 2012, the time spent watching video ads has totaled 4.1 billion minutes. Video ads are occupying a major chunk of the total videos being watched by users globally.
These promising figures tell why you need to quickly move into video productions and stand a chance to gain from the benefits it offer. At Netfly, we are always a keeping a close watch on these market trends and variations, enabling your videos to be pushed through the right channels so as to generate maximum views and thereby more income.