Finally, we can experience more things visually:
Not just hear about them (think radio cricket commentary of yester years to current live HD streaming of a cricket match – we can see and almost feel it). Not just read text and pictures (think life like animations and preview of places like hotels or tourist destinations or Google Street View). Not just some blurred grainy video but clear HD quality (the transport of video through internet and availability of high quality display devices in all sizes). Not just reading a training manual (think flight simulator and other simulators for medical and other such trainings). Not just being entertained with a 2D video game (think FIFA in a PS4 – it is like almost being there). Not just in a special facility or a big TV box, but on any device from a laptop to a tablet and a mobile phone.
… And we are only getting started with video.
Here are the transformations already happening and about to happen in a massive scale in future.
Proliferation of video sources – Video cameras are multiplying exponentially – from mobile cameras to home and building security cameras, traffic cams, car cams, etc. All this means that tons of video are being created and increasing exponentially by the hour. Here are some interesting statistics about videos in YouTube alone:
- More than 1 billion unique users visit YouTube each month.
- Over 6 billion hours of video are watched each month on YouTube—that’s almost an hour for every person on Earth.
- 100 hours of video are uploaded to YouTube every minute.
- 80% of YouTube traffic comes from outside the US.
- YouTube is localized in 61 countries and across 61 languages.
Source and more info at: https://www.youtube.com/yt/press/statistics.html. For more stats, just search in Google with “YouTube videos per minute”.
This is just YouTube videos. What about all the other videos generated from events, workshops, handy cams, mobile phones, classroom lectures, surgical procedures, countless surveillance cameras and more such devices. With video capable devices growing exponentially, video creation is naturally exploding.
The conversion from analog to digital video (no more VCR tapes) and rapid advancement of cheap storage technologies (think 650 MB CDs and 5GB DVDs that were common not long ago to tiny 128 GB memory cards and pen drives that are at nearly 200 times the capacity of a CD with 10x or more faster data transfer rates. Storage has also expanded from just local high capacity devices (like hard drives and pen drives) to network based, on-cloud, always available storage. This is far more powerful because it makes these videos available at any time and easily accessible from anywhere. Videos sitting on a hard disk somewhere is not of much use. If the same video is available online, organized and made searchable, its use and potential value is much more.
YouTube started it all – it enabled the masses to store and share videos easily through free streaming over the Internet. Efficient streaming (bandwidth optimized, device aware, etc.) and easy viewing through devices like a smart phone has meant that an average person on the street today commonly watches YouTube videos. The technology behind this amazing possibility is breathtaking and making it free for all was the icing on the cake. Besides increasing availability of high speed Internet, the steep decline in smart phone and tablet prices is bringing more people to view video. I never imagined my dad or mother-in-law watching their favorite videos on a phone or a tablet. Now, it has gone even a step further. Not only are they watching, they are creating videos and posting them on Facebook and Whats App – exponentially proliferating the creation and viewing of videos. If videos ranging from latest sarees and jewellery to crop damage due to heavy rains and flooding are common among 60 something users, I do not even have to mention about FIFA simulation and similar videos from the teenagers.
Beyond entertainment and personal videos, coming soon are the following:
- Videos of every lecture, every medical procedure, every conference or workshop – useful, powerful.
- Videos from millions of surveillance cams, traffic cams and other video enabled sensors – here comes the Internet of Things
- Videos for the corporate world – can potentially transform and disrupt corporate knowledge sharing!
Stay tuned for Part-2 of this video series about – How we can manage, monetize and get something useful out of this massive phenomenon.