The Pay TV by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Pay TV , The pay tv market size has grown marginally in recent years. It will grow from $207.26 billion in 2023 to $211.12 billion in 2024 at a compound annual growth rate (CAGR) of 1.9%. The growth in the historic period can be attributed to cable tv market dominance, growth of direct-to-home (dth) services, emergence of pay tv channels, expansion of fiber optic networks, consumer demand for premium content, regulatory support for subscription models.
The pay tv market size is expected to see steady growth in the next few years. It will grow to $234.2 billion in 2028 at a compound annual growth rate (CAGR) of 2.6%. The growth in the forecast period can be attributed to rise of over-the-top (ott) streaming services, focus on high-definition (hd) and ultra hd content, enhanced user interface, regulatory adaptations to streaming, shift to internet protocol television. Major trends in the forecast period include integration of streaming services, transition to ip-based delivery, personalized viewing experience, data monetization strategies, bundling services and partnerships, integration with smart tv platforms.
The growing demand for UHD and 4K services is expected to propel the pay TV market going forward. The 4K refers to digital cinema projectors with a resolution of ' 4096 x 2160 with four times the pixels of Full HD (1920 x 1080) TVs, whereas, ultra-high-definition (UHD) refers to televisions with a 3840 x 2160 resolution. Pay TV services are commonly used to deliver high-value premium content directly to TVs to offer high-resolution media content with high content protection. For instance, SES S.A., a Luxembourg-based telecommunications company, offered approximately 8,400 TV channels, including 3,130 in HD or UHD, in the year 2022, reaching 366 million TV homes worldwide, a five million-home increase from the previous year. Therefore, the growing demand for UHD and 4K services is driving the growth of the pay TV market.
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The pay tv market covered in this report is segmented –
1) By Type: Postpaid, Prepaid
2) By Technology: Cable TV, Satellite TV, Internet Protocol TV (IPTV)
3) By Application: Residential, Commerical
Top Major Players:
- Bharti Airtel Limited
- DirecTV LLC
- Foxtel
- Dish TV
- Comcast Corporation
North America was the largest region in the pay TV market in 2023.
Major companies operating in the pay TV market are focusing on developing new platform such as spotv pay-television and digital platform to drive revenues in their market. Spotv is a pay TV and digital platform that provides a variety of sports-related programming and material which is a subscription television network based in South Korea that offers chat shows and sports content. For instance, in February 2022, Eclat Media Group, a South Korea-based multimedia company launched spotv pay-television and digital platform. The platform has extended its reach throughout Southeast Asia, taking over fox sports Asia's void, and provides a vast array of sports material and related programs, including eSports tournaments. In order to provide viewers throughout Asia with access to global sports, Eclat Media Group has launched two new channels, spotv and spotv2, in certain Southeast Asian and some East Asian regions. The spotv platform is a pay-television and digital platform that provides a large selection of sports programming and related material in Southeast Asian and some East Asian areas.
The pay tv market report table of contents includes:
1. Executive Summary
2. Pay TV Market Characteristics
3. Global Pay TV Market Trends And Strategies
4. Pay TV Market - Macro Economic Scenario
5. Global Pay TV Market Size and Growth
…….
26. Pay TV Market Competitive Benchmarking
27. Global Pay TV Market Competitive Dashboard
28. Key Mergers and Acquisitions Pay TV Market
29. Pay TV Market Future Outlook and Potential Analysis
30. Appendix
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Pay TV market research report published by Absolute Markets Insights focuses on highlights such as product mix, payment channels, service products, applications, and technical complexity.
The report provides comprehensive guidance on market size and growth patterns, and provides information on opportunity mapping as well as barrier analysis, thus encouraging report readers to incur growth in global Pay TV market.
This comprehensive research- documentary on global Pay TV market is a holistic perspective of market developments, factors, dynamics, trends and challenges that decide growth trajectory of global Pay TV market.Browse complete report and table of contents: https://www.industryglobalnews24.com/global-pay-tv-market-is-expected-to-grow-at-a-cagr-of-1032-over-the-forecast-periodAbsolute Markets Insights reported that the Asia Pacific market will show the highest growth during the forecast years in the global pay TV market.
The growth in disposable income in countries like India, China, Malaysia and Indonesia, amongst others, coupled with the presence of prominent cheap TV manufacturers that helps individuals procure these products with ease, is expected to have a positive impact on the Asia Pacific market.
Dish installation isn't required for the service, and the company offers weather-proof signal transmission which isn't interfered by external factors like rain, thunderstorm, snow, amongst others.
Reports suggest that by the end of 2025, around 96% of India's pay TV homes will see digitization, and the subscriber base will be around 130 million, contributing for the tremendous growth of global pay TV market.According to Absolute Markets Insights, the use of pay TV in residences will see considerable growth in the coming years.
Latest Report Available at Analytical Research Cognizance Pay-TV Market provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.Summary "Pay-TV Market Trends and Opportunities in Asia-Pacific", a new Telecom Insider Report by GlobalData, provides an executive-level overview of the Pay-TV services market in Asia Pacific (APAC).
It delivers quantitative and qualitative insights into the pay-TV market, analyzing key trends and growth drivers in the region.Browse the full report @ http://www.arcognizance.com/report/pay-tv-market-trends-and-opportunities-in-asia-pacific Pay-TV penetration in Asia Pacific (APAC) is set to increase through 2022 buoyed by ongoing economic improvement in South and South East Asia as well as by expansion of FTTH/B broadband networks across APAC, increasing the availability of IPTV.Despite its initial status as a complement to traditional pay-TV service, cord-cutting and cord-shaving trends are pushing pay-TV operators across the region to embrace the OTT world, wether by launching their own OTT platforms or by setting up partnerships with SVoD service providers.It provides in-depth analysis of the following - - Pay-TV market in APAC: This section provides an overview of the performance of keey pay-TV markets in APAC including subscription trends by technology as well as analysis of major regulatory trends impacting APAC pay-TV.
- Competitive Market Trends in APAC: This section looks at three major compeitive trends that are impacting pay-TV players in the region including technology invesment and the impact of OTT.
- Key findings: it consists of a summary of key findings and growth opportunities for the APAC pay-TV services market.Scope - Most regulators around the region are looking into how to best regulate OTT video services.
- Regulator and government broadband initiatives paired with operators investments in fiber optic broadband will drive IPTV adoption in the coming years.
- The report investigates pay-TV trends, regualtory context and competitive conditions, looking in particular at the impact of operator investment and OTT threat in the APAC region.
Felton, 17 Apr 2020 – Global Pay TV Market size is expected to value at USD 254.77 billion by 2025.
The market is subject to witness a substantial growth due to the increasing penetration of modern technologies such as Internet Protocol Television (IPTV) across the globe.
Increasing focus towards adoption of the cost-effective delivery solution such as High Definition (HD) content by various service operators across the globe is expected to fuel the growth of pay TV industry in the upcoming years.
Additionally, increase in availability of high-speed internet services at lower prices are restraining market progress as well.
Globally, the pay TV market is predicted to grow at CAGR of 2.1% in forecast period providing numerous opportunities for market players to invest in research and development in the pay TV industry.
Get a Free Sample Copy of Report @ https://www.millioninsights.com/industry-reports/pay-tv-market/request-sample Global Pay TV Market Research Report includes In-depth Analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis.
