The global internet protocol television market size to be valued at USD 67.6 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% during the forecast period. The rising trend of viewing content via the internet and the continuous price reduction of bundled packages is expected to increase the subscriber base. IPTV’s virtue of flexible deployment, interactive and interoperable user interface, and highly personalization ability offers lucrative prospects to the market growth.
Read More »July 7, 2022
The global pay TV market size was valued at USD 230.68 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) exceeding 1.7% from 2021 to 2028. The emerging demand amongst consumers to leverage better quality content with high picture resolution is offering promising growth opportunities to the market. One of the primary growth drivers of the market is the ability to access high-quality content from different service providers on a single platform at affordable prices.
Read More »September 3, 2021
The global 4K set-top box market size was valued at USD 2.21 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2030. The market gained traction with the growing trend of 4K content available on Over-The-Top (OTT) platforms.
Read More »January 9, 2023
The global broadcasting & cable TV market size was valued at USD 332.59 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030. Increasing competition between service providers to gain higher market share is driving them to expand their service offerings by incorporating Over-The-Top (OTT) media services to provide bundled packages
Read More »January 27, 2023
The global set top box market size was valued at USD 23.98 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.0% from 2023 to 2030. Changing consumer behavior patterns toward the consumption of media content over television and internet amidst ongoing transitions in digital TV domain is a major factor in enhancing market outlook. Moreover, rising internet and broadband penetration coupled with increased preference for HD channels and on-demand video services is positively influencing the set top box market.
Read More »June 14, 2023
The Middle East movies and entertainment market size was valued at USD 1.86 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 8.5% from 2021 to 2028. The market isanticipated to be driven by the increasing popularity of 3D movies that give the audience an experience of Virtual Reality (VR). The introduction of new marketing and distribution platforms such as IPTV, digital newspapers, DTH, and digital cable, as well as the online sales of music and movies, is anticipated to boost industry progress. Major players have adopted strategies like regional expansions and distribution partnerships to venture into untapped markets.
Read More »March 30, 2021
The global android Set-Top Box market size was valued at USD 172.5 million in 2018. In terms of revenue, the market is anticipated to register a CAGR of 19.5% over the forecast period. The upsurge in viewers’ preference for hybrid content is one of the vital factors positively impacting the market for an android set-top box across the globe. In addition, the growth of digitization across the developing nations is further aiding the market for the android set-top box to grow at a substantial rate. Some of the other factors, such as growing internet penetration and a rise in the adoption of OTT and IPTV platforms, are expected to create significant growth opportunities over the forecast period.
Read More »December 9, 2019