Business

Video Streaming Trends: What is the Future of the Industry?

Published

1 year ago

November 10, 2022

The video streaming industry is constantly changing and evolving. Something new appears almost every month or day. Knowing trends in video streaming can help you implement changes as soon as possible and provide your viewers with a better experience or offer them new features. Consequently, you may earn more revenue.

Let’s observe what trends the video streaming industry experiences and what things will likely be popular in the next year.

If you want to create a video streaming service and share content with your viewers, we recommend you contact Setplex. They can offer an OTT solution for your goals.

Video Streaming Trends

Personalization

Personalization is tailoring an experience or communication with customers based on the information learned about them. OTT video personalization usually means that viewers get personalized recommendations. The algorithm analyzes their likes, dislikes, and behavior during the video playback. Based on the results, it provides viewers with content that they might like.

However, personalization is not always about recommendations. Sometimes, it is about giving viewers the ability to choose which way they want to pay for watching videos – whether it is a purchase of a single video or a subscription for a period.

Furthermore, a provider can offer viewers a purchase plan for an individual or a family, and it is also about the personalized experience. Moreover, personalization can be about the ability to customize your platform profile and change its design. As a result, people can interact with your platform however it is comfortable for them.

Shift from SVOD to AVOD

There is an ongoing shift from the SVOD monetization model to AVOD revenue-generating approach among OTT platforms. More and more content providers are considering the AVOD platforms as the option.

It all started with subscription fatigue that a lot of people experienced when too many subscription-based services appeared in the market. They started canceling their subscriptions and turning to ad-based services.

Different platforms began implementing ad-based plans for their viewers. Even video streaming giants like Netflix are adopting the AVOD model.

Actually, the AVOD monetization approach is not so bad. It has its advantages, such as expanding the user base and reaching wider audiences. The adoption of AVOD can be a great benefit for customers with lower consuming capacity, and businesses will be able to reduce churn.

What is more, researchers say that the future trend is the increasing consumption of transactional-based video-on-demand services (TVOD). It might happen that OTT solutions providing hybrid monetization models will be in demand.

Video streaming and gaming

Not long ago, Netflix announced its plans to open a new video game studio. Experts say that it is only the beginning. There will be more video streaming services moving towards interactive entertainment. The lines between video streaming and gaming will be blurred.

According to the experts, it is the result of streaming wars between huge video streaming companies like Netflix, Apple, and Disney. What is more, people will become more selective when it comes to choosing what platform to sing in.

Big companies will try to cover all the entertainment needs of their audiences through partnerships, acquisitions, and mergers to stand out from the competition.

Why gaming? Experts explained that it is also a quickly growing industry that is estimated to be worth $470 billion by 2030. VR, AR, AI, 5G, and cloud technologies can help the industry skyrocket.

Final Thoughts

These are the changes that the video streaming industry is experiencing or going to experience in the near future. You can implement some of them or come up with your own ideas. Decide keeping in mind your business goals.

Business

EFX Algo’s April Ascendancy: Commanding $37.63 Million in Deposits with Profits Soaring to $3.27 Million

Published

21 hours ago

April 30, 2024

Matthew Wiles

As of April 11, 2024, EFX Algo stands out as a formidable force in the automated trading industry, showcasing extraordinary growth with a record-breaking $39 million in deposits across over 520 accounts. This month alone, EFX Algo realized gains of $321.24k, contributing to an impressive yearly profit of $2.75 million, cumulating a total profit of $3.5 million.

This financial technology powerhouse, co-founded by industry leaders Danny Reardon, Bogdan Padua, and Joe Amara, revolutionized the investment landscape by merging advanced technology with deep market insight to deliver a truly automated, hands-free trading experience.

EFX Algo is marking a significant footprint in the financial technology landscape. This article delves into the remarkable achievements of EFX Algo, spotlighting its rapid growth and the exceptional monthly gains that captivate investors globally.

A Financial Phenomenon

EFX Algo began as an idea between co-founders with a shared ambition to democratize the trading market. Today, it stands as a juggernaut in automated trading, having processed over $39 million in deposits across hundreds of accounts. As of recent evaluations, EFX Algo manages these substantial funds and delivers impressive gains, with reports showing an upward trajectory of $1.43 million in profits in just one month.

“We created a platform that exhibits robust performance and reliability time and again,” Reardon said. “I think I speak for all of us at EFX Algo when I say we are proud to show our numbers, because they reflect our aims: Democratized trading profits for all.”

Innovative Trading Strategies and Performance Metrics

At the heart of EFX Algo’s success are its innovative trading strategies, designed to cater to various investor profiles from conservative to aggressive. The platform’s ability to yield consistent returns is evidenced by its performance metrics, boasting gains that significantly outperform traditional investment benchmarks.

“We employ a diversified approach, meticulously back-tested and refined, to ensure stability and growth amidst the volatile financial markets,” said Reardon.

Unparalleled Support and Client Success Stories

Beyond its financial accomplishments, EFX Algo shines in customer support and satisfaction. The platform has been likened to having a personal assistant, akin to ‘Alfred from Batman,’ always ready to assist and enhance the investment journey.

Testimonials abound of users experiencing substantial portfolio growth, with one investor highlighting a 20.5% increase in just four months.

“We care about empowering investors with the tools and support necessary for success,” Reardon shared.

A Transparent and Trustworthy Trading Partner

Transparency and trust form the cornerstone of EFX Algo’s philosophy. Through real-time data verification with Myfxbook, clients and would-be clients alike can independently assess the platform’s performance, ensuring that their investment decisions are based on genuine and untampered data.

“We believe our openness cements our reputation as a reliable partner in the automated trading industry,” Reardon said. “We are building a community of informed and enabled investors.”

A Visionary Leap into the Future of Trading

EFX Algo is a vision realized, transforming the space of automated trading and setting new benchmarks in financial technology innovation. As it continues to grow and expand its horizons, EFX Algo proves to be a gateway to financial equipment and independence. With its impressive growth, consistent performance, and dedication to client success, EFX Algo stands as a paragon of investment excellence, reshaping the future of trading one transaction at a time.

About EFX Algo

Founded by Danny Reardon, Bogdan Padua, and Joe Amara, EFX Algo is an innovative, fully-automated trading bot designed to provide 100% hands-free, high-return investment opportunities by transforming yearly gains into monthly profits, previously exclusive to an educational network and now available to the general public. The software is designed to manage investments and execute trades in the financial markets without the need for manual intervention. For more information, please visit: https://www.efxalgo.com