Video streaming set for surge


18-01-2002

The video streaming market will grow almost tenfold over the next five years to almost USD 200 million, a report claims.

But experts at Analysys say people will have to wait until 2005 for the market to really take off.



They say it will be driven by corporate communications, training and marketing and investor relations.



'Video streaming provides instantaneous corporate communication in a very engaging and emotionally forceful manner,' said report author Margaret Hopkins.



'A company can now produce a webcast of its chairman's address, using a digital camera costing a few hundred dollars and free download software for encoding and playing the resulting stream.'



However, she says companies will probably have to bring in outside help to get a really professional product.

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