Global TV And Radio Broadcasting Market Trends And Strategies Of Major Players In The TV And Radio Broadcasting Market 2021-2030
11 Feb, 2021
The TV and radio broadcasting market consists of revenues generated from sales of television and radio programs, from the sale of airtime to advertisers, and from donations and subsidies, earned by entities (organizations, sole traders and partnerships) that operate broadcast studios and facilities for over-the-air or satellite delivery of radio and television programs. They often produce or purchase programs, which may include entertainment, news, talk shows, business data, or religious services.
Global TV And Radio Broadcasting Market Size And Drivers:
The global TV and radio broadcasting market is expected to grow from $317.05 billion in 2020 to $347.81 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The market is expected to reach $433.94 billion in 2025 at a CAGR of 6%. Rise in demand for VR content is expected to drive the market going forward.
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Trends In The Global TV And Radio Broadcasting Market
TV and radio broadcasting companies are deploying technologies to allow users to access their content on mobiles and website portals. Access to various platforms and devices has increased over demand for TV and radio broadcasting services.
Global TV And Radio Broadcasting Market Segments:
The global TV and radio broadcasting market is further segmented based on type, broadcaster type and geography.
By Type: Radio Broadcasting, Television Broadcasting.
By Broadcaster Type: Public, Commercial.
Subsegments Covered: Radio Station, Radio Network, Television Station, Television Network.
By Geography: The global TV and radio broadcasting market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Western Europe was the largest region in the global TV and radio broadcasting market, accounting for 34% of the total market.
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TV And Radio Broadcasting Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides tv and radio broadcasting market overviews, analyzes and forecasts market size and growth for the global tv and radio broadcasting market, tv and radio broadcasting market share, tv and radio broadcasting market players, tv and radio broadcasting market segments and geographies, tv and radio broadcasting market’s leading competitors’ revenues, profiles and market shares. The tv and radio broadcasting market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.