A new report from Cisco has some fascinating points forecasting web use over the next five years. In particular, they’ve got some amazing projections for online video. Here’s a few of the highlights:
Globally, IP video traffic will be 79 percent of all consumer Internet traffic in 2018, up from 66 percent in 2013. This percentage does not include video exchanged through peer-to-peer (P2P) filesharing. The sum of all forms of video (TV, video on demand [VoD], Internet, and P2P) will be in the range of 80 to 90 percent of global consumer traffic by 2018.
It would take an individual over 5 million years to watch the amount of video that will cross global IP networks each month in 2018. Every second, nearly a million minutes of video content will cross the network by 2018.
Internet video to TV (Internet delivery of video to a TV screen through a set-top box) doubled in 2013. Internet video to TV will continue to grow at a rapid pace, increasing fourfold by 2018. Internet video to TV traffic will be 14 percent of consumer Internet video traffic by 2018, up from 11percent in 2013.
Consumer VoD traffic will double by 2018. The amount of VoD traffic by 2018 will be equivalent to 6 billion DVDs per month.