Internet TV – A Threat To Pay-TV Model.
Internet TV is gaining acceptance and being preferred by customers in the developed markets. The traditional pay-TV industry has been facing severe competition from online video streaming service providers. The low-cost video streaming service providers are threatening the pay-TV business model and forcing traditional pay-TV service providers to offer internet TV services to their subscribers. For example, DISH Network Corp. has launched the internet TV service Sling TV along with their pay-TV services. TELECOM MARKET TO GROW TO $2.2 TRILLION BY 2020 ACCORDING TO THE BUSINESS RESEARCH COMPANY. The telecom market is expected to grow from $2 trillion in 2016 to $2.2 trillion in 2020 at a compound annual growth rate (CAGR) of 2.5%. The Americas was the largest region in the telecom market in 2016, accounting for $716 billion. The Americas is the largest market because of high internet penetration, access to smart phone devices and advancements in the technology.
According to The Business Research Company’s Technology Consultant, Moin Mohammed, IoT technology adoption by manufacturing and transportation services companies is driving the software and BPO services market in the forecast period. IoT is a network of physical objects such as devices, vehicles, buildings and other items which are embedded with electronics, software, sensors and network connectivity enable these objects to collect and exchange data. For instance, Microsoft and Rolls-Royce have announced a partnership centering on future Rolls-Royce intelligent engines, which will integrate Microsoft Suite into its service solutions to expand its digital capabilities. Smart Grid encompasses inter related technologies entering public use to manage electricity consumption. Thus, IoT technology adoption is expected to expand the demand for telecom services.
AT&T was the largest wired telecom carrier with revenues of $146.8 billion for the financial year 2015. AT&T’s growth strategy is to broaden its TV presence through DIRECTV and increase its presence in Latin America and Mexico. The telecom industry is a part of the information and communication technology industry. The industry is primarily engaged in operating and providing access to facilities for the transmission of voice, data, text and video.
The industry is broadly divided into four sub-segments – Wired, Wireless, Satellite and other Telecom services. • Wired Telecom – Wired telecommunication service providers primarily engage in operating and providing access to transmission facilities and infrastructure they own and lease for the transmission of voice, data, text, sound and video using wired telecom networks. They offer a variety of services such as VOIP (Voice over Internet Protocol) services, wired audio and video programming distribution, and wired broadband internet services to individual customers and other business establishments. • Wireless Telecom – Wireless telecommunication service providers primarily engage in operating and maintaining switching and transmission facilities to provide communications through the air waves. They provide services such as cellular phone services, wireless internet access and wireless video services to individual customers and other business establishments. • Satellite Telecom – Satellite telecommunication service providers offer telecom services to other telecom and broadcasting industries by forwarding and receiving communications signals through a system of satellites. • Other Telecom – Other telecom services include service providers purchasing access and network capacity from owners and operators of telecommunication networks and reselling wired and wireless services to businesses and households. They offer specialized services such as satellite tracking, communications telemetry and radar station operations. Other telecom services include providing satellite terminal stations and associated facilities connected to one or more terrestrial systems that transmit and receive signals from satellite systems. Telecommunication resellers do not operate transmission facilities and telecom infrastructure. Mobile virtual network operators (MVNOs) are also included in this industry. Telecom Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $750 for an individual user. To use across your office the price is $1000 and $1350 if you wish to use across a multinational company. About The Business Research Company Visit TheBusinessResearchCompany.com, mail firstname.lastname@example.org or call +447443439350 or +918897263534 or +919160996838 for more information on this and many other titles. The Business Research Company is a market research and intelligence company, which excels in company, market and consumer research. It has research professionals at its offices in the UK, India and the US as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, chemicals and technology. The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations