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Internet Streaming Setting the Pace for the Fast-developing Video Processing Industry - New analysis from Frost & Sullivan, Advances in Video Processing, finds that the need to provide high-quality videos at the lowest bit rate possible, enabling digital broadcasting as well as Internet video streaming is most vital
Internet Streaming Setting the Pace for the Fast-developing Video Processing Industry

 

NewswireToday - /newswire/ - Palo Alto, CA, United States, 2008/01/29 - New analysis from Frost & Sullivan, Advances in Video Processing, finds that the need to provide high-quality videos at the lowest bit rate possible, enabling digital broadcasting as well as Internet video streaming is most vital.

   
 
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Rapid technological advancements and the advent of Internet streaming revolutionize the video processing industry. By taking over traditional broadcasting methods with live broadcasting, Internet streaming has gained considerable recognition among a large number of users, with Flash video set to dominate this domain.

New analysis from Frost & Sullivan (technicalinsights.frost.com), Advances in Video Processing, finds that the need to provide high-quality videos at the lowest bit rate possible, enabling digital broadcasting as well as Internet video streaming is most vital. Researchers as well as industry participants make advancements in digital media to set a new benchmark for the future.

If you are interested in an analysis, which provides manufacturers, end users, and other industry participants with an overview, summary, challenges, and latest coverage of Advances in Video Processing send an email to Mireya Castilla, Corporate Communications, at mireya.castilla[.]frost.com with your full name, company name, title, telephone number, fax number, and email address. Upon receipt of the above information, an overview will be sent to you by email.

"By addressing issues such as costs and convenience, Internet streaming has brought down the rate of business travel, proving to be an efficient tool to reduce expenses," remarks Frost & Sullivan Technical Insights Research Analyst Venkat Malleypula.

Industries increasingly use streaming video on their Web sites to provide visitors a smooth surfing experience. Corporations use this technology to collaborate with partners and provide training through webcasts. Moreover, with the cost of streaming solutions coming down, tier 2 and tier 3 participants adopt streaming platforms as a vital communication medium. Increased use of streaming applications is driving the market.

Many companies have taken numerous initiatives to provide open source solutions, which have received a good response from a large community of developers.

"Portals such as Google and Yahoo, which never ventured into online videos, have become front-runners in the streaming industry over the last few years," cites Malleypula. "There is an increasing popularity of video streaming portals such as YouTube, Metacafe, and other startups, which have emerged as strong competitors in this industry."

Several emerging companies try to provide high-quality videos for uninterrupted global coverage using various new technologies. Since the formats have to work across various platforms, it is important that they are compliant with the industry standards. However, the lack of a unique standard or platform where the various technologies can be applied poses a challenge to the advancement of this technology. Hence, efforts must be made toward instituting a unique and a high-standard platform, which provides premium quality at a cheaper price.

Advances in video processing could help in developing better video quality at cheaper rates. Effective use of video processing on various application sectors could enable a single unified standard of video encoding technologies.

"A combined effort from research centers as well as video processing companies would help in satisfying the customers by providing a seamless platform on which users can operate any format and consequently achieve the best quality," states Frost & Sullivan Technical Insights Research Analyst S.Gaurav.

Video streaming is already a part and parcel of handheld devices such as iPods and mobile phones. Over the next few years, video processing will play a vital role in developing a completely new range of technically equipped devices.

Meanwhile, the success of online video processing has not stopped the television industry from losing its position. TV viewing improves by the day with the arrival of digital video recorders (DVRs), direct to home (DTH), and set top boxes. An interactive platform, combined with features such as video on demand (VOD), has helped this industry compete stiffly with the streaming media.

Both digital video broadcasting and Internet streaming simultaneously penetrate the market and one of these will dominate the market very soon.

Advances in Video Processing, a part of the Technical Insights Growth Partnership Services program, provides a technology overview and outlook for video processing. The study covers AVC/H.264, MPEG-2, MPEG-4, VC-1, QuickTime, Flash, Windows media, and DIVx. Further, this research service includes a detailed technology analysis and industry trends evaluated following extensive interviews with market participants. Interviews with the press are available.

Technical Insights is an international technology analysis business that produces a variety of technical news alerts, newsletters, and research services.

About Frost & Sullivan
Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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Internet Streaming Setting the Pace for the Fast-developing Video Processing Industry

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Frost & Sullivan |
Publisher Contact: Mireya Castilla 
210.247.3830 mireya.castilla[.]frost.com
 
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