Analysis Are you ready for the era of Big Video?
By 2020, 8K video will be the de facto standard for all video content, even if we’re only beginning to get into the 4k experience
All signs point to video ruling the Internet in years to come. While video has yet to supplant text as the main medium of communication, statistics show that video is big today, huge in fact.
Videos are viewed 8 billion times a day on Facebook, for an average of 100 million hours.
In addition to the increasing quantity of video, quality is rising. Televisions today tout the 4K experience they offer, but we expect that 8K video will be the de facto standard for all video content, and will enable live streaming virtual reality by 2020.
Add to this you have the much-hyped worlds of augmented reality (AR), virtual reality (VR) and gaming phenomenon like Pokemon Go that will further fuel the exploding video and visual content sector.