The smart people over at Cisco have some staggering projections related to internet video. Cisco has developed the Cisco VNI Forecast (VNI – Visual Networking Index) to estimate future global IP traffic growth. Cisco is validating something online video production companies and online video sharing sites are already banking on – video accessibility and content will have tremendous growth in the coming years.
According to the forecast, global internet traffic will increase by a factor of four from 2009 to 2014. Global internet traffic will increase to 64 exabytes per month in 2014, compared to approximately 15 exabytes per month in 2009. By the year 2014, various forms of video (TV, VoD, Internet Video, and P2P) will exceed 91 percent of global consumer traffic. That same year global online video will approach 57 percent of consumer Internet traffic (up from 40 percent in 2010).
The very smart people at Cisco will help deliver much of the video traffic with their switching devices to all of us over our TVs, PCs, Macs and mobile devices. The company posted a video along with their findings.
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Rewatchable is a Boston video production company.