Guest Editorial Multimedia Economics for Future Networks: Theory, Methods, and Applications

With the growing integration of telecommunication networks, Internet of Things (IoT), and 5G networks, there is a tremendous demand for multimedia services over heterogeneous networks. According to recent survey reports, mobile video traffic accounted for 60 percent of total mobile data traffic in 2016, and it will reach up to 78 percent by the end of 2021. Users’ daily lives are inundated with multimedia services, such as online video streaming (e.g., YouTube and Netflix), social networks (e.g., Facebook, Instagram, and Twitter), IoT and machine generated video (e.g, surveillance cameras), and multimedia service providers (e.g., Over-the-Top (OTT) services). Multimedia data is thus becoming the dominant traffic in the near future for both wired and wireless networks.