Asia-Pacific Broadcasting (APB) November 2018 Volume 35, Issue 10 | Page 22

22 X-PLATFORM November 2018 Global demand for content growing Worldwide paying SVoD subscriptions will increase by 409 million between 2017 and 2023 to a total of 777 million, according to Digital TV Research. Pay-TV and subscription video- on-demand (SVoD) subscriptions worldwide will reach 1,877 million by 2023, up by 505 million (37%) from 1,372 million at end-2017. Reporting these figures, Simon Murray, principal analyst at Digital TV Research, said: “China is the brightest star by adding 171 mil- lion subscriptions during this pe- riod to take its total to 610 million. Its pay-TV total will ‘only’ grow by 32 million to 375 million, but SVoD will rocket by 138 million to 235 million subscriptions. “India will add a further 49 million pay-TV and SVoD subscrip- tions to take its total to 210 million in 2023.” Emphasising the continued shift in viewing habits, Digital TV Research also reported that worldwide paying SVoD subscrip- tions will increase by 409 million between 2017 and 2023 to a total of 777 million. Eleven countries will have more than 10 million SVoD subscriptions by 2023, with China and the US accounting for more than half the world’s SVoD subscriptions. Digital TV Research also pre- dicted that China will have the most SVoD subscriptions by 2019, and by 2023, the country will have 235 million SVoD subscribers — up from 97 million in 2017. Murray continued: “The US will have 208 million SVoD subscrip- tions by 2023, up by an impressive 76 million on 2017 despite its rela- tive maturity. [However], its share of the global market will fall from 36% in 2017 to 27% by 2023.” By 2023, Digital TV Research expects Netflix to contribute 192 million subscriptions (25% of the global total), while Amazon Prime Video 120 million (15%). Overall, SVoD revenues will reach US$69 billion by 2023, up by nearly $44 billion since 2017. The US will remain the SVoD revenue leader by a “considerable dis- tance”, adding $17 billion between 2017 and 2023 to take its total to $29 billion. Bitmovin sets up Benchmark tool for optimal encoding Bitmovin has launched the Per- Title Ladder Benchmark Tool, an online resource for any video con- tent owner or network operator to receive guidance on the optimal over-the-top (OTT) encoding configuration for their content. David Godfrey, vice-presi- dent and general manager, Asia, Bitmovin, told APB: “One of the biggest issues in online video to- day is that it does not always rival broadcast in terms of quality. We do not believe that technology should be a reason to deliver poor experiences to consumers, which is why we have created the Ladder Benchmark Tool. “The Ladder Benchmark Tool has been designed to help the industry identify the best quality and bitrate combination for each piece of content. A synthesis of industry standard practices and tools combined in a user-friendly way, this solution enables users to benchmark assets and pre- determined fixed ladders.” The Per-Title Ladder Bench­ mark Tool incorporates Per-Title Encoding, which offers automated ladder (a set of individual en- coded streams corresponding to a given asset or live stream) crea- tion intelligence for video-on- demand (VoD) services, optimised by content type to achieve video quality benefits while lowering total cost of ownership. When paired with Bitmovin’s three-pass encoding technology, this approach maximises video quality for content, empowering operators to enhance their brands and VoD offerings, said Bitmovin. The tool also provides band- width and video quality data required to optimise any existing encoding technology. New users can use the tool up to 20 times to upload assets representing their typical content to receive an assessment of their chosen bit­ rate ladder, as well as a content- specific bitrate ladder obtained through the Bitmovin Per-Title Encoding algorithm. “The ultimate objective of our tool is to optimise distribution to the consumer via a video player, where there is a strong need to deliver a great picture with mini- mal bitrate ratio,” Godfrey added. “With this tool, the industry can benchmark the total cost of ope­ ration with data, such as bitrate Bitmovin has incorporated the Per-Title Encoding algorithm and three-pass encoding technology within the Per-Title Ladder Benchmark Tool to achieve optimal encoding configuration. and storage costs, as well as video quality, measured in peak signal- to-noise ratio (PSNR). The user can then identify the most effec- tive ways to deliver a best-in-class experience while reducing the delivery and storage costs asso­ ciated with the content.”