🌎Industry Background

🌍The global streaming media market is experiencing rapid growth, and it is expected to continue expanding over the next five years, driven by the following factors:

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📶Widespread 5G and Fiber Optic Broadband:

Providing faster transmission speeds and lower latency, enhancing HD and 4K/8K video experiences.

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📺Increased Penetration of Smart Devices:

The popularity of smart TVs, mobile devices, and VR/AR devices is reaching a broader user base for streaming content. 📱

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🕶️Changes in User Content Consumption Habits:

The younger generation tends to prefer on-demand viewing, highly personalized recommendations, and interactive viewing experiences.

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📊AI and Big Data Empowering Content Recommendations:

Improving user retention and increasing the platform’s commercial value.

With these trends, SVC relies on AI and big data technologies to precisely meet user needs and create differentiated competitive advantages.