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Video streaming comes of age in Japan with 31% sector growth in 2014
Japan is beginning to embrace digital video, witnessing 31% growth in the sector last year to JPY81 billion (US$670 million) and marking its card against the country’s robust packaged video market
With 82 million smartphones at the end of 2014, equating to 65% penetration, Japan now has nine million registered subscribers to mobile video-on-demand (VOD) services – a rise of eight million since 2011, according to Futuresource Consulting.
“Japan’s home video market is the second largest on the planet, surpassed only by the USA,” said Joanna Wright, senior market analyst, Futuresource Consulting.http://www.asi.eu.com/2015/02/03/video-streaming-comes-of-age-in-japan-with-31-sector-growth-in-2014/