Online video still has plenty of growth left: research firm IDATE expects the market's global...

|By:, SA News Editor

Online video still has plenty of growth left: research firm IDATE expects the market's global revenues to grow to $29.9B in 2015 from $6.5B in 2010, a CAGR of 28%. Both advertising - the primary revenue source for YouTube (GOOG) and Hulu - and customer purchases/subscriptions - the main revenue source for Apple (AAPL) and Netflix (NFLX) - are expected to grow at a healthy clip.