“Connected TVs and video game consoles are the main beneficiaries of the cord-cutting trend due to increases in the number of subscription OTT and ad-free video-on-demand users and content offerings.”. See below for break-outs by media type. Social NetworkTime: 1:05, up from 56 minutes in 2019. Digital Video Time: 2:13, up from 1:46 in 2019. Digital Audio Time: 1:29, up from 1:22 in 2019.
Over the past five years, neobanks have advanced on two fronts: user growth and richness of mobile functionality. But they’re still chasing profitability, launching new financial services offerings and reserving some of their most innovative features for paying customers. This second annual study stacks up the top four UK neobanks against one another, scoring their mobile app capabilities based on consumer demand for 48 emerging features.
We’ll discuss display in more detail in the next section, but video’s rise will essentially be predicated on the strong performance of YouTube and broadcaster video-on-demand (BVOD) platforms. Last year, Enders Analysis predicted that BVOD revenues in the UK would reach £443 million ($552.7 million), up from £391 million in 2018 ($499.1 million).