Video piracy is continuing to burn through service provider revenue with operators losing US $6 to $8 billion annually, according to ABI Research.

Connected homes, streaming devices and workplaces are poised to be radically transformed by the faster wireless networks and internet of things (IoT) connections which are set to triple between 2017 and 2025.

American streaming device consumption is at an all-time high with US broadband households having on average more than seven video access devices.

Consumer expenditure on entertainment content is poised to reach US$439 billion globally by 2021 according to research from Futuresource Consulting. The latest Global Entertainment Content Outlook report calculates that this would represent a 17% increase from 2017. TV and video accounts for the lion's share of this consumer spend, and subscription video-on-demand (SVOD) services such as Netflix, Amazon Prime Video and Hulu are rapidly dominating the overall home video entertainment sector including DVD, Blu-ray, EST, VOD and SVOD.