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Huawei predicts video market to reach $400 billion

Huawei video services
Huawei video services

CAPE TOWN – HUAWEI has projected the video services market to be worth US$400 billion over the next five years.

Senior officials made the projections at a major continental information and communications technology (ICT) summit held in Cape Town, where carriers were encouraged to focus on the end user experience and building a video ecosystem that would fully release new growth potential.

David Chen, Vice President of Huawei Southern Africa region, said the strategic window for the video business opportunity was now open for telcos.

He said if video traffic proportion was doubled from 30 percent to 60
percent, data of usage (DOU) increased five times, hence the key was to enhance the user experience.

“As Huawei, we foresee a four hundred billion dollar market globally in video services for carriers over the next five years,” Chen said.

“Huawei hopes to strengthen the ability of operators to enhance the user experience and is committed to enabling operator success through video and experience-based network construction.”

Chen was speaking at Huawei’s third Video Forum at AfricaCom.

Experts discussed the evolution of video services, latest telco video
ecosystems and design of video-oriented business and network strategies.

Video is seen driving the demand for data services as a key revenue
generator for telecoms operators.

Bobby Ramsoondur, Chief Marketing Officer of Mauritius Telecom, disclosed the company deployed a nationwide pure fibre network and a 4K ready internet protocol television (IPTV) platform, in partnership with Huawei, to ensure the best video experience.

Mauritius Telecom, with a 100 percent fibre coverage to households and the right TV content positioning strategy, has set the momentum to ensure the best video experience for its customers.

Mauritius Telecom, in partnership with Huawei, has invested significantly in a 4K ready IPTV platform.

“The company is aiming to provide its customers with a topnotch service quality and a Next Generation TV viewing experience,” Ramsoondur said.

Wanda Mkhize, Executive Content and VS Gaming at Telkom South Africa, said entertainment content was the biggest driver of internet usage, and the genetics of a successful video product should at least include compelling content.

“Entertainment usage is determined by connection type and data
accessibility. This is where the biggest need for upgrade lies. Telkom has chosen to be an open enabler for both content provider and viewers,” Mkhize said.

With services including FREEME and LIT, Telkom provides always-on data connectivity, aiming aim for a three-way-win business model between operator, consumer and over the top (OTT).

– CAJ News

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