QML Video on iOS not working?

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I am using Qt 5.7 for iOS and I have the following QML Markup for videos that does not seem to work on a iPhone 5 using iOS 8.1.

Please note it works fine on Desktop (Win/Mac) and Android. I did read somewhere that Qt did not support QML Video for iOS and it had to be done native but this was back for Qt 5.3. Is this still not fixed?

When trying to play the video on a iPhone I get the following output in Xcode:
"defaultServiceProvider::requestService(): no service found for - "org.qt-project.qt.mediaplayer""

import QtQuick 2.0
import QtMultimedia 5.6

Item {
    width: parent.width
    height: video.height
    clip: true

    property string src: ""
    property string posterSrc: ""
    property bool isNormalAspect: false

    function stopVideo() {
        video.stop();
        //video.visible = false;
    }

    Video {
        id: video
        width : parent.width
        height: isNormalAspect ? (parent.width * 0.56) : (parent.width * 0.75);
        source: src
        fillMode: VideoOutput.PreserveAspectCrop

        Rectangle {
            id: overlay
            width: parent.width;
            height: parent.height
            anchors.fill: parent
            color: "#D3D3D3"
            visible: video.playbackState != MediaPlayer.PlayingState

            Image {
                clip: true
                width: parent.width
                height: parent.height
                anchors.fill: parent

                fillMode: Image.PreserveAspectCrop

                sourceSize.width: 256
                sourceSize.height: 256
                source: posterSrc
            }

            Image {
                width: 48
                height: 48
                anchors.verticalCenter: parent.verticalCenter
                anchors.horizontalCenter: parent.horizontalCenter

                sourceSize.width: 48
                sourceSize.height: 48
                source: "qrc:/extended_content_play.png"
            }
        }

        MouseArea {
            anchors.fill: parent
            onClicked: {
                if ( video.playbackState == MediaPlayer.PlayingState ) {
                    video.pause();
                    //video.visible = false;
                    overlay.visible = true;
                }
                else {
                    video.visible = true;
                    overlay.visible = false;
                    video.play();
                }
            }
        }
    }
}