DUBLIN, February 14, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/9g6gwv/global_connected) has announced the addition of the "Global Connected Video Device Market 2014-2018" report to their offering.

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Commenting on the report, an analyst from the team said: Until recently, live broadcasting was only possible through IPTV networks managed by service providers, but OTT delivers video and audio data using the internet without the interference of service providers. Exploring new technology and revenue streams, operators are now trying to integrate OTT into STBs. Powerful mobile devices such as smartphones and tablets have the capability to deliver OTT video services to consumers. OTT apps such as Hulu Plus, Netflix, etc. are becoming more popular among the consumer groups than TV Everywhere apps. The OTT Video market is expected to grow exponentially in the next five years. Some of the big players in this market are Apple HLS, Google WebM and Microsoft Silverlight Smooth Streaming.

According to the report, one of the major drivers in the market is the increase in online video audiences. The availability of low cost data plans and the use of multiple devices for internet browsing have led to an increase in online video audiences.

Further, the report states that one of the main challenges in this market is the high cost of video device hardware. On average, any connected video device costs around US$600-650. The high cost of smart TV, smartphones, gaming consoles, and PCs is hindering the growth of the market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. 

Key Topics Covered: 

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Device Type
8. Market Segmentation by Revenue Model
9. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series

Companies Mentioned:

• Amazon.com
• Apple
• Brightcove
• Google
• LG Electronics
• Microsoft
• Netflix.
• Nintendo
• Ooyala
• Samsung Electronics
• Sony Corp.

For more information visit http://www.researchandmarkets.com/research/9g6gwv/global_connected

Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets