Global IPTV Market Trends And Strategies Of Major Players In The IPTV Market 2021-2030

20 Oct, 2021

The internet protocol television market consists of sales of internet protocol television and related services that are used in small and medium enterprises and residential customers. The internet protocol on TV (IPTV) is the method of transmitting and broadcasting television programs through the Internet using the internet protocol (IP). IPTV provides the user with innovative features to improve user experience compared to conventional TV broadcasting such as radio, satellite and/or cable TV.

Global IPTV Market Size And Drivers:

The global IPTV market is expected grow from $70.5 billion in 2020 to $84.22 billion in 2021 at a compound annual growth rate (CAGR) of 19.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $152.3 billion in 2025 at a CAGR of 16%. The growing preference for video-on-demand (VoD) service is a key factor driving the growth of the internet protocol television (IPTV) market.

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Trends In The Global IPTV Market

A key trend in the IPTV industry is the rising demand for fiber-to-the-home (FTTH) connections. Owing to the limitless bandwidth and transmission capacity of optical fiber, FTTH is well suited for IPTV. FTTH offers a fixed access network to provide broadband high-speed, resulting in improved user experience. For instance, in 2019, Reliance Jio planned to launch its Jio GigaFiber FTTH service offering data, calling and IPTV benefits under a single plan. The company claimed the plan that include 100 GB of high-speed data with 100Mbps bandwidth, unrestricted voice calls, Jio Home TV subscription and access to all Jio apps. Therefore, the service providers are now gradually providing premium content through FTTH to ensure a better user experience.

Global IPTV Market Segments:
The global IPTV market is further segmented –
By Type: Video IPTV, Non-Video IPTV
By End-User: Small & Medium Enterprise, Large Enterprise, Residential Customers
By Application: Linear Television, Nonlinear Television
By Geography: The global IPTV market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global IPTV Market At:

https://www.thebusinessresearchcompany.com/report/internet-protocol-television-IPTV-market-global-report-2020-30-covid-19-growth-and-change

IPTV Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides IPTV market overviews, analyzes and forecasts market size and growth for the global IPTV market, IPTV market share, IPTV market players, IPTV market segments and geographies, IPTV market’s leading competitors’ revenues, profiles and market shares. The IPTV market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.