According to IMARC Group’s latest report, titled “Pay TV Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”,the global pay TV market reached a value of US$ 187 Billion in 2020
Pay television (TV) is a consumer subscription-based television broadcasting service, generally accessed through a satellite, an internet protocol (IP) TV, or cable. A Pay TV viewer subscribes to bundled content and leases a propriety coaxial cable or satellite dish network set-top box. Besides television channels, Pay TV offers numerous additional features, such as gaming, TV shopping, video-on-demand, and multi-room charging. It also provides other benefits like a single convergent stack for end-to-end solutions, including combine billing, customer management, and payment, apart from high cost-effectiveness, scalability, and transparency of operations.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Pay TV Market Trends:
The growing adoption of integrated broadband broadcasting (IBB) and rapid urbanization are primarily driving the market growth. The service providers are offering a combination of broadband and broadcast services to deliver personalized content. Moreover, the increasing availability of high definition (HD) and ultra-high definition (UHD) content through satellite networks further impels the service demand. Additionally, the utilization of data analytics to obtain insights related to consumer preferences also bolsters the market growth. Besides this, user-generated subscriptions and advertisements are widely integrated with analytical and cloud computing solutions to enhance content results and leverage the ‘as-a-service’ business model. Additionally, the wide availability of value-added services and 5G internet connectivity at affordable prices is expected to propel the market for Pay TV in the coming years.
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Global Pay TV Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Bharti Airtel Limited, DIRECTV (AT&T Communications), Dish Network Corporation, DishTV India, Fetch TV Pty Limited (Astro All Asia Networks), Foxtel ( News Corp.), Rostelecom PJSC, Tata Sky and Tricolor TV.
The report has segmented the market on the basis on region, type, technology type and application.
Breakup by Type:
- Postpaid
- Prepaid
Breakup by Technology Type:
- Cable TV
- DTT and Satellite TV
- Internet Protocol Television (IPTV)
Breakup by Application:
- Commercial
- Residential
- Others
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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