Global Television Station Market Trends And Strategies Of Major Players In The Television Station Market 2021-2030
6 Sep, 2021
The television station market consists of sales of television station and related services. A TV station is a business, organization or other enterprise, such as an independent TV operator, that transmits content over terrestrial TV. A television transmission may take place via analog TV signals or, more recently, via digital TV signals.
Global Television Station Market Size And Drivers:
The global television station market is expected to grow from $110.65 billion in 2020 to $119.06 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies rearranging their operations and 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 $146.44 billion in 2025 at a CAGR of 5%. The growing demand for global television station market to meet the needs of the rising for high-definition content and advertisement is expected to drive the global television station.
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Trends In The Global Television Station Market
The emergence of newer technologies is a key trend in television station market. ATSC 3.0 is the latest edition of the Advanced Television Systems Committee Guidelines, which specifies precisely how TV signals are transmitted and interpreted. ATSC 3.0's key benefit is picture quality, including high dynamic range (HDR), wide colour gamut (WCG), and high frame rate (HFR). In addition to the image and audio enhancements, ATSC 3.0 also helps you to watch video transmitted on handheld devices such as phones and tablets as well as in cars. Samsung revealed it would support ATSC 3.0 in 13 of its 8 K TVs by 2020, while LG will follow the standard in six of its OLED sets. In 2020, a company called BitRouter has developed an ATSC 3.0 set-top box that can connect to TVs via HDMI.
Global Television Station Market Segments:
The global television station market is further segmented –
By Broadcaster Type: Public, Commercial
By Platform: Digital Terrestrial Broadcast, Satellite Broadcast, Cable Television Broadcasting Services, Internet Protocol Television (IPTV), Over-the-top Television (OTT)
By Geography: The global TV station 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 Television Station Market At:https://www.thebusinessresearchcompany.com/report/television-station-global-market-report-2020-30-covid-19-implications-and-growth
Television Station Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides television station market overviews, analyzes and forecasts market size and growth for the global television station market, television station market share, television station market players, television station market segments and geographies, television station market’s leading competitors’ revenues, profiles and market shares. The television station market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.