Ericsson expects that by 2020, 90 percent of the world's population over 6 years old will have a mobile phone, and smartphone subscriptions by then are expected to top 6.1 billion.
Samsung Electronics is planning to spend several tens of millions of dollars to develop short-form video content for a new mobile product, according to a report from The Information.
STOCKHOLM--Ericsson's top executives painted a picture of the world in 2020 in which there will be 9 billion people on the planet, 9.1 billion mobile subscriptions and video traffic will dominate, accounting for at least 50 percent of all traffic on the network.
LTE Broadcast has potential, but I think it will be at least a few years before it takes off commercially. Even then, it's not clear how it will be monetized. For now LTE Broadcast is more about hype than reality.
Mobile subscribers on LTE networks are 1.5 times more likely to watch video than subscribers on 3G networks, according to the Citrix Mobile Analytics Report for the second half of 2014.
Apple's iOS-based smartphones dominate video viewing, representing 60 percent of mobile video views in the United States alone, a new report says. But Android-based smartphones hold sway for video viewers in Latin America, at 53 percent.
AT&T announced a new, $500 million joint venture with The Chernin Group, a Hollywood production company for TV shows and movies, to target the over-the-top online video space--and AT&T specifically mentioned mobile as a key element in its efforts to expand into OTT online video.
Verizon Wireless could potentially tap new business models thanks to LTE Multicast technology, though it will take a few years for customers to take advantage of it on a widespread basis, according to a top Verizon executive.
Verizon Communications' new product development group will focus on combining the company's wireless and wireline assets in areas including video and security, according to Verizon Communications CEO Lowell McAdam.
LTE Broadcast was much in conversation at this year's broadcasting convension, IBC. So far Verizon Wireless and Telstra have publicly committed to the technology to varying degrees, and some in the industry are saying that the technology has more chance of succeeding where others failed.