The global internet protocol television market size was valued at USD 68.84 billion in 2023 and is projected to grow at a CAGR of 16.8% from 2024 to 2030. The shift in consumer behavior toward on-demand and personalized content drives market growth. Traditional broadcasting models, which rely on fixed schedules and limited programming options, are becoming less engaging to viewers who prefer the flexibility of choosing what to watch and when.
Read More »October 24, 2024
The global pay TV market size was valued at USD 273.36 billion in 2024 and is projected to grow at a CAGR of 3.4% from 2025 to 2030. The emerging demand amongst consumers to leverage better quality content with high picture resolution offers 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. Moreover, pay TV service providers now offer several value-added services such as customizable channel subscriptions, reduced subscription rates, internet connectivity, and bundled packages according to the users’ needs and demands, thus offering profit generation opportunities to service providers.
Read More »October 25, 2024
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 and cable TV market size was estimated at USD 356.45 billion in 2024, registering a CAGR of 4.0% from 2025 to 2030. The market is experiencing growth due to the increasing demand for on-demand and live content, driven by the rise in digital consumption and expanding global connectivity. Viewers seek diverse content, including news, sports, and entertainment, available in high-definition formats. In addition, rising income levels and increased television ownership in emerging markets fuel demand for cable TV services.
Read More »November 21, 2024
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 6.90 billion in 2024 and is projected to grow at a CAGR of 4.4% from 2025 to 2030. Increasing accessibility and availability of high-speed internet and unprecedented growth in the digitization of content are key growth drivers for this market. The emergence of digital content platforms, online streaming services, and on-demand video subscription services, especially in developed economies, have driven demand for the Android set-top box market in recent years.
Read More »October 17, 2024