WORLD SCREEN
According to Parks Associates, consumers have maintained recent increases in the amount of time they spend watching video on their mobile phones, while time spent consuming video on a TV set, tablet and computer continues to decrease.
The international research firm finds that consumers now watch more than six hours of video per week on their mobile phones.
AVOD accounts for the largest share at nearly two hours per week on average, but consumers also spent more than one hour each watching SVOD and live streaming content on their mobile phones.
“The shift between platforms will push the industry to tailor services and content more aggressively to suit mobile phone viewers,” said Elizabeth Parks, president and CMO of Parks Associates. “This changing dynamic will likewise increase the importance of AVOD offerings, already increasingly popular on mobile phones.”
