, Singapore
105 views

How Video Changes the World after COVID-19

By Edwin Koh

The impact of COVID-19 has been felt in every part of the world. It has upended everyday lives, forcing millions of people to reset their routine and adapt to a new normal. As people worldwide hunkered down and spent more time at home, they also began looking for creative ways to establish a sense of normalcy.

Central to life in the new normal has been video streaming. A trend that was previously driven by entertainment needs – such as Netflix and YouTube – has fast-tracked into new behaviours as many turned to video streaming to collaborate for work, access information and even to pursue hobbies.

In a new consumer survey by a global content delivery network (CDN) provider, ‘How Video is Changing the World 2020’, 93% of Singaporeans whom spent nearly 5 hours a day viewing online video concur that the use of video has helped them maintain a daily routine and enjoy activities they did before COVID-19. This particular impact on online video consumption in Singapore is one of the highest in the world.

In these unpredictable times, the increasing prevalence of online video for personal use as well as in business is not expected to change anytime soon. Looking ahead, the emergence of new consumption habits and behaviours presents a tipping point for businesses to gain a competitive share in the digital space through online videos.

Streaming for news updates and critical information
Along with the spread of the virus came a surge in appetite for information and news from online sources including the government agencies and public health entities. In Singapore, eight in ten (80%) have used online video during the pandemic to stay informed by streaming speeches and press conferences from social media sites and online news sites.

 

Overnight, news media companies and broadcasters raced to reinvent their operating models to digital video and live streams to keep audiences informed across different mediums. The digital-first approach also cascaded into Singapore’ political campaigning period as debates and exchanges of viewpoints were played out in front of a nation behind their screens.

Given the tremendous rise in streaming traffic coming from breaking news that receive huge viewership, news companies and broadcasters need to ensure broadband speeds and connectivity hold up to deliver video content with minimal latency. This is especially pertinent at a time when success is measured by the generation of new revenue streams, increase in viewer engagement and total viewership.

Remote everything through online videos
Online video has also enabled new forms of entertainment to help people pass time and unplug from the chaos that we're in today. With live events cancelled, 40% of Singaporeans attended their first virtual concert. Exercising has also gone virtual as workout facilities and gyms remain closed. In fact, 38% of Singaporeans have participated in an online fitness class and another 25% plan to do so in the next six months.

From a home workout to video-based learning and live virtual concert, instructors and professional musicians are exploring the use of live videos to forge a closer connection with their viewers. Whilst online video may be an avenue for business continuity, it is expected to evolve into a potential cost-saving channel as instructors and event organisers realise they can operate without renting physical facilities, whilst audiences enjoy the convenience and safety of participating from home.

This will eventually have an impact on the business models, as the audience will expect more interactive and personalised social experience such as a live chat with video streaming. To improve audience engagement and maximise conversion, the user interface as well as infrastructure will need to be secure whilst performing at scale.

To allow for consistent performance and user experience across devices, a CDN partner will be able to help package and distribute live and on-demand video content more efficiently at the highest quality to as many viewers as possible. Working with a partner with additional capacity and employs sophisticated quality of service (QoS) as well as congestion control techniques will be critical in supporting growing streaming demands and to mitigate negative effects under extraordinary conditions like the current pandemic.

Marking an era of virtual care
Telehealth has been making waves in recent years as an alternative model to improve accessibility to healthcare. But in the midst of social distancing, telehealth has reached an inflection point where adoption is on the rise to minimise face-to-face interactions. What was once a testbed to alleviate the pressure on the healthcare system is now an essential service adopted by patients, especially the vulnerable elderly, to continue receiving care.

 

Since the outbreak in Singapore, doctor’s visits have shifted to telehealth appointments with 14% of people saying they’ve recently met virtually with their doctor and another 27% planning to do so in the next six months, according to the report. With COVID-19 accelerating the adoption of telehealth, there is an opportunity for providers to proactively assess its infrastructure to ensure the solution is reliable in changing circumstances.

Video has increasingly become part of our daily lives in many ways and is expected to have far-reaching changes on how people entertain, socialise and work post the pandemic. To capture market share today and into the future, content creators and distributors need to ensure they are capable of handling heavy video traffic demand and expand their delivery capacity when needed.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

30 One-Sentence Stories From People Who Have Built Better Habits
None of these stories are mine. They were sent to me by readers of Atomic Habits. My hope is that these examples will illustrate how real people are putting the book into practice. They will show you what people are actually doing to build good habits and break bad ones. And hopefully, they will spark some ideas for how you can do the same.
SBR 5 Lorem Ipsum News 2 [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 4 Lorem Ipsum [8 May Top Stories]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Exclusives

How Experts Figure What to Focus On
eliminate the distractions. Commit to one thing and become great at that thing.”
Exclusive three SBR 12 Lorem Ipsum [8 May]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 3 Lorem Ipsum [ Exclusive 2]
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Event News

Video [Event News]
Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley