Online video streaming allows users to watch and download any video content at their convenience. This helps them save time wasted in buffering by enabling users to view the content of their choice. Now, they don’t need to save the video content; they can go online to leverage the benefits of online video streaming. Let’s explore what is online video streaming and find out how online streaming works to offer you excellent results.
What is Online Video Streaming?
Online video streaming is a technology that allows users to watch and access video content over the internet in real-time without downloading the entire file beforehand.
Interactive Advertising Bureau survey shows that around 47% of streaming video viewers worldwide prefer to stream more live video compared with a year ago. This indicates that more people prefer to go online regarding video streaming.
With online video streaming, users can start watching videos almost immediately, as the content is delivered in a continuous stream of data. This technology has revolutionized the way we consume video content, enabling us to enjoy movies, TV shows, live events, and other videos on various devices without the limitations of traditional downloading methods.
What is Online Video Streaming: Explore More Here!
Wondering what is online video streaming?
Find your answer here!
The global appetite for online video is growing continuously; content delivery network providers need to find media streaming solutions, helping them to provide excellent video streaming services to cater to the growing demand of the audience.
Most online users want to access the highest quality video on their device as per their preference in any location.
Interactive Advertising Bureau (IAB) survey shows that 47% of live streaming video viewers globally are streaming live video than a year ago, while 44% of respondents in the same survey said that they watch less live TV.
More than 50% of live-streaming video viewers are leveraging their favorite content through social platforms that are outdistancing a TV network site by 34% and pay-TV service by 21%.
Source: (eMarketer)
When any individual downloads a video file online, a copy is generated on their device’s hard drive. This simply means that users cannot view it until it gets completely downloaded. But now viewers hate to wait for the content; hence, they prefer to go online, which has greatly increased online streaming video.
When users consider leveraging the content online, the video streaming file loads faster, ensuring real-time viewing experience and customer satisfaction. Now, no one has to wait long for buffering; we can enjoy any content per our requirements.
Conviva’s 2018 report found that viewing hours of live video content increased by 65% from 2017 to 2018. More people these days stream content online compared to past years, as it allows them to consume online content without waiting to download it.
Source: (Conviva)
How Online Video Streaming Works?
Streaming video is simply the content that is compressed over the internet and displayed on viewers’ devices in real-time. When it comes to open-source video streaming, users don’t have to wait until it gets completely downloaded on their device; they can enjoy any video content online with an internet-connected device.
When we talk about online video streaming, the media is streaming continuously on the users’ device and played as it arrives. The user needs a player, a unique program that uncompresses the video data on the user’s device and helps them have a clear view.
Online video streaming allows users to explore online content and enjoy their favorite ones without waiting to download it. Are you paying attention to some of the melodious tunes you come across while browsing the internet? Or are you catching Friends reruns in another tab? This simply indicates that you are streaming online.
Gone were the days when you had to spend hours downloading your favorite songs, but now you can enjoy any of the videos of your choice, and all these credits go to online video streaming platforms.
Today, numerous video and audio streaming platforms are available in the market, helping you to leverage the content of your choice with a few clicks on the device.
These platforms include Apple Music, Spotify, Netflix, Pandora, HBO GO, Hulu, Disney+, and many more. This music and video streaming platform has gained massive popularity among users quickly. According to an analysis, 86 of the top 100 most-watched live telecasts in 2017 in the United States were sporting events, which have jumped from 48 in 2011.
Image: (Source)
Why to Stream Video Content Online?
Online video has been a mass streaming hit in recent years. People now stream online video content on services like YouTube or any other.
Instead of downloading large multimedia files, video streaming simply involves compressing the data into small packets and sending the same to your device, where this video content is decompressed and displayed. It is estimated that online video streaming will become a $70.5 billion industry by the end of 2021.
Source: (pwCReport)
One of the surveys shows that only 12% of customers can find video content of their choice on one or other platforms; the rest said they could not find the one they were looking for. Online video streaming service providers must understand that consumers with a low tolerance for a lousy stream for 90 seconds will tolerate a streaming channel.
When a particular individual is streaming a video, it constantly buffers when viewing one packet of data on their device. The second is decomposing while the first is being watched, making it easy for you to watch the whole content on the device with an internet connection.
Some of the popular video streaming services that customers prefer these days are YouTube, Hulu, Netflix, Amazon Prime, Google Play, and many other newest platforms launched recently for users.
Online video streaming saves a lot of time for users and helps them get rid of the frustration of downloading gigantic files that consume vast amounts of storage on their devices. They can watch any video content online without downloading the same; these elements need to store every video now and then.
Why Should You Go for Online Video Streaming?
Now, why should you go for online video streaming instead of downloading and enjoying the content on your preferred device? The answer is straightforward: if you want to leverage numerous benefits, it becomes vital for you to go for an online video streaming platform like Hulu instead of preferring to download the video content on any of the devices and wasting its storage.
- Get instant playback.
- Avoid high costs and piracy.
- Save space.
- Access live content.
- Access content from abroad.
Why Online Video Streaming is a Perfect Option?
U.S. adults were found to spend around 6 hours per day watching videos. They spent around 5:57 times on the same, which measures around an 11-minute increase in video consumption in recent years.
Users watch live video 10 to 20 times more than on-demand content, which has made live streaming a powerful way. It helps service providers deliver interactive content to users’ demands, ensuring they address them most effectively.
According to the report, total video traffic is forecasted to grow by 30% Compound Annual Growth Rate between 2017 and 2020, reinforcing the need for end-to-end video software services. It is estimated that video traffic will comprise 80% of internet traffic by the end of 2021.
Looking at the growing demand for online video streaming facts and figures, it will be more profitable for an individual to opt for a video streaming platform. If you want to build an impressive video streaming platform to earn huge profit and ROI, take the support of a professional app development company with expertise.
Frequently Asked Questions
What is online video streaming, and how does it differ from downloading?
Online video streaming allows users to watch and download video content in real-time over the internet, eliminating the need to fully download a video file before viewing. This offers immediate playback without the hassle of waiting for the entire file to download.
What are the benefits of online video streaming?
Online video streaming offers benefits such as instant playback, space-saving, access to live content, and the ability to access content from abroad. It reduces costs associated with piracy and the need for high storage space on devices.
What are some popular online video streaming platforms?
Popular video streaming platforms like YouTube, Hulu, Netflix, Amazon Prime, and Google Play, among others. These platforms provide a diverse range of content for users to enjoy.
How does online video streaming work?
Online video streaming involves compressing video data into small packets that are sent to the user’s device. These packets are decompressed and displayed in real time, allowing users to watch videos seamlessly over an internet connection.
What impact has online video streaming had on traditional media consumption?
Online video streaming has revolutionized media consumption by offering a more convenient and flexible way to watch content. More people are turning to online streaming platforms like YouTube, Hulu, and Netflix to watch videos on demand.
How do online video streaming platforms benefit businesses and content creators?
Online video streaming platforms offer a lucrative avenue for businesses as well as content creators to reach their target audience directly. These platforms enable interactive content delivery, catering to users’ demands and engaging them effectively.
How can I start my own online video streaming platform?
To start your online video streaming platform, consider partnering with us. Specify your project requirement to us at sales@alphansotech.com.