Cloud TV Market 2020| Global Share, Size, Growth Factors, Regional Analysis, and Competitive Landscape Forecast to 2023
The global Cloud TV Market 2020 is planning for preparing to surge its investment in funds as it seeks to hit a 12.2% hike target in the face of the economic slowdown caused by the Coronavirus pandemic. The figures are accumulated by Market Research Future that focuses on the study over the Cloud TV market and comes out to be gaining USD 3.25 billion by the end of 2023. The growth period is calculated to be between 2017 and 2023.
Top Industry Players:
The outstanding players in Cloud TV Market are Ziggo B.V.(Netherlands), PCCW Limited (Hong Kong), Phoenix Satellite Television Holdings Ltd. (Hong Kong), Liberty Global plc (UK), Charter Communications (US), Altice USA (US), TalkTalk TV Entertainment Limited (UK), Liberty Global (UK), Xfinity (US), Ooyala, Inc. (Australia) and Brightcove, Inc. (US).
Get Free Sample at:
Cloud TV platform is capable of being installed on any device, whether it is mobile phones, television sets, media boxes, tablets, which make it a tool with ease of accessibility. This platform abolishes the necessitate for multiple service providers for cable and the internet, which is one of the crucial selling points obtainable by the OTT service providers. This has been considered as one of the prime factors liable for the market’s growth.
Companies such as Netflix and Amazon prime are using various AI platforms to refurbish the way the content is monetized. The upward adoption of IoT devices is further fueling the data generated. MRFR estimates that by 2021, mobile video is likely to drive 24% of the Internet video traffic. Back in 2018, Massive, a specialist UX vendor for the OTT industry, and Kaltura, a video technology provider served more than 27 million cloud TV users monthly. They collaborated to develop customer loyalty and conversion and reduce churn rates, as well as surge the adoption of cloud TV. All these factors have functioned in favour of global cloud TV market and made it gained more valuation during lockdown; where population used Netflix and Amazon prime the most. Such activity during COVID 19 situation has boosted the growth of the market considerably.
The intensifying adoption of 5G technology and mounting advancement in wireless communication is likely to boost the market for cloud TV. Moreover, many Telecom vendors are investing in 5G technology to strengthen cloud TV experience. In the case of point, Nokia and AT&T are collaborating to progress 5G technology in the 39 GHz band, by fixed wireless 5G tests with AT&T's Internet TV streaming service, DIRECTV NOW. These factors have also been considered to be a growth booster for the market throughout the forecast period.
Television manufacturing companies such as Toshiba Corporation and Koninklijke Philips N.V. have started offering cloud TV apps and solutions pre-installed on smart television sets. Relating to the demand for value addition in television sets, it is probable that over the coming years, several other television manufacturers will install cloud TV services in more smart television sets. Additionally, the growth of 3D content in television broadcasting is fueling the growth of cloud TV market.
This research report analyzes the global cloud TV market based on its segments such as services, cloud deployment, streaming, and end-user.
In terms of services segment, the market includes SaaS, IaaS, PaaS
In terms of cloud deployment segment, the market has included public, private, and hybrid.
In terms of streaming segment, the market includes live streaming and video-on-demand.
In terms of end-user segment, the market includes media and entertainment, IT and telecommunication, consumers, and others.
In the Asia-Pacific region, China is the foremost country to offer the public by revenue. Cloud services and IaaS are copiously embraced by domestic enterprise users. The IaaS market is the primary choice of small and medium businesses to construct IT resources in gaming, video, and mobile internet. The APAC region is also witnessing the growing adoption of video streaming among consumers are progressively adopting smart technology. The market is prevalent with opportunities for products and services in the local APAC market. Owing to the potential the region displays, the APAC market is anticipated to nurture to reach a substantial valuation during the assessment period.
North America is probable to hold the largest market share as the technology adoption in the region is high. Also, North America is one of the prompt users of cloud TV. Similarly, the incidence of several industry players and escalating startups are the factors for the growth of cloud TV in the region. With this, the presence of various service providers and companies providing video streaming platforms include live video streaming and video-on-demand.
Browse More Details on Report at:
Table of Content:
1. Executive Summary
2. Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Markets Structure
3. Market Research Methodology
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
4. Market Landscape
+1 646 845 9312
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cloud TV Market 2020| Global Share, Size, Growth Factors, Regional Analysis, and Competitive Landscape Forecast to 2023 here
News-ID: 2098954 • Views: 324
More Releases from Market Research Future (MRFR)
Content Delivery Network Market 2020| Growth Potentials, Trends, Company Profile …
Industry Insight: The fast uptake and development of a content delivery network are progressively becoming a crucial component of any enterprise. Market Research Future predicts the potentiality of the global Content Delivery Network market 2020. It can achieve a high valuation by the year 2023. Such a high valuation will garner at a growth rate of 26.5% in the forecast years (2018 to 2024). Get Free Sample at: https://www.marketresearchfuture.com/sample_request/2796 Top Impacting Factors: The market
Next Generation Wireless Communication Market 2020: Analysis by Recent Trends, S …
Market Synopsis: As per the analysis by the Market Research Future Reports (MRFR), the global next-generation wireless communication market is likely to grow at a significant CAGR during the review period. The increasing adoption of consumer electronics is driving the global next-generation wireless communication market 2020. With the constant developments in the internet and other communication technologies, the communication market has enhanced significantly. Next-generation communication is the most excellent example of
Virtual Private Network (VPN) Market 2020: Overview, Growth, Opportunities and D …
Market Overview: The global virtual private network market 2020, according to a report by Market Research Future (MRFR), is slated to register a substantial market valuation at a moderate 18.22% CAGR during the review period (2016-2022). Drivers and Restraints: VPN solutions make business operations more effective. The significant factor that accounts for the growth of the VPN market is the growing adoption of VPN solutions across various vertical industries. It is expected that
Lighting Control System Market 2020| Global Size, Share, Trends, Covid-19 Effect …
Market Overview: In its research report, Market Research Future (MRFR), asserts that the global market 2020 is slated to grow exponentially, securing a substantial market valuation of USD 39 billion by 2023, and a healthy 18% CAGR over the review period. Get Free Sample at: https://www.marketresearchfuture.com/sample_request/3822 Drivers and Restraints: The factors that contribute to the growth of the market for lighting control systems are the rising demand for energy-efficient products, technological advances, increased
More Releases for Cloud
Cloud Storage Market
Cloud storage is a complete solution package, which includes software and services to manage, maintain, and store data in a virtual environment. It helps both large and small & medium enterprises to store and access relevant information from data center through the Internet. These data centers are maintained at distant places and are connected through networks, which enable the users to access information using the Internet. Cloud storage gives additional
Global Cloud Storage Market
Global Cloud Storage Market – Industry Analysis and Forecast (2017-2026) – by Type, Deployment Model, Organization Size, Vertical, and Geography. Global Cloud Storage Market was valued US$ 35.1 Bn in 2017 and is expected to reach US$ 197.4 Bn by 2026, at a CAGR of 25.99% during forecast period. Cloud storage is allowing enterprises to store information on remote servers which can be accessed using internet. These remote servers are operated, maintained
Healthcare Cloud Computing Market -
Healthcare Cloud Computing is a broad, proactive endpoint security solution designed to supplement the existing defenses. It is a cyber-security technology that informs the need for constant monitoring and response to advanced threats. This advanced system measure shifts of security from a reactive threat approach to one that can detect and prevent threats before they even reach the organization. Growing cases of enterprise endpoint targeted attacks and necessity to mitigate it
Cloud Orchestration Market Trend
According to a new report Cloud Orchestration Market (2017-2023), published by KBV Research, the Cloud Orchestration Market is expected to attain a market size of $15.6 billion by 2023, growing at a CAGR of 23.5% during the forecast period. The Configuration market dominated the Cloud Orchestration Market by Solution Type in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 22.9 % during the
Websites in the Cloud
Noxum consults on websites in the Microsoft Cloud Increased website traffic or massive traffic surges means “heavy labor” behind the web interface. Enormous server capacities are needed to compensate for fluctuation and temporary peaks. Cloud websites release companies from the limitations of server hardware. Würzburg - The Noxum GmbH, service and software provider for Cloud solutions, supports companies operating their websites in the Windows Azure Cloud. Enterprises, publishers and online merchants
Agilisys Cloud Services Simplifies Cloud Infrastructure (IaaS)
David Cotterell appointed Managing Director to spearhead private sector growth for Agilisys London, 17 October 2011. Agilisys, one of the UK’s most innovative IT and business services providers, has expanded its cloud services offering by launching Agilisys Cloud Services, a managed IaaS (Infrastructure as a Service) providing a suite of scalable, modular and customisable cloud services including infrastructure, co-location and hosting solutions, along with associated consultancy services, in Agilisys’ dedicated, highly