Press release
Cloud TV Market Size, Growth Worth USD 4.60 Billion in 2028
The global cloud TV market size reached USD 2.03 Billion in 2020 and is expected to register a CAGR of 10.8%, during the forecast period, according to latest analysis by Emergen Research. Growing demand for video on demand with high quality user experience is expected to drive global cloud TV market revenue growth over the forecast period. In addition, growing demand for cloud streaming services is expected to propel global cloud TV market growth in the near future. Furthermore, increasing adoption of 5G technology is further expected to augment revenue growth of the global cloud TV market during the forecast period. Several telecom providers are capitalizing on the progress of 5G technology to reinforce the cloud TV experience, which is expected to continue to boost market growth going ahead.However, dearth of high-speed network infrastructure in developing countries is expected to hamper global cloud TV market growth to a certain extent during the forecast period.
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Some Key Highlights in the Report:
Public cloud segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing adoption of public cloud-based TV is expected to boost revenue growth of this segment.
In terms of market share, the software as a service (SaaS) segment is expected to register significant growth over the forecast period due to increasing demand for SaaS-based cloud TV offerings.
Increasing demand for high user experience for on-demand video content is expected to drive revenue growth of the video-on-demand segment, which is expected to lead in terms of revenue contribution to the global cloud TV market during the forecast period.
In terms of revenue share, the entertainment & media segment is expected to lead over the forecast period due to increasing demand for video content delivered through the Internet.
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The prominent players profiled in the report are:
Kaltura Inc, Brightcove, Inc., Amino Technologies PLC, IntelliMedia Networks Inc., Matrix Stream Technologies Inc., CSG Systems International Inc., SimpleStream Limited, ActiveVideo Networks, Inc., SeaChange International Inc., and Amagi Corporation.
Regional Analysis:
The report sheds light on the region expected to dominate the cloud TV market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the cloud TV market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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Emergen Research has segmented the global cloud TV market on the basis of cloud type, service, streaming, end-use:
Cloud Type Outlook (Revenue, USD Billion; 2018-2028)
Private Cloud
Public Cloud
Hybrid Cloud
Service Outlook (Revenue, USD Billion; 2018-2028)
Software as a Service (SaaS)
Platform as a Service (PaaS)
Infrastructure as a Service (IaaS)
Streaming Outlook (Revenue, USD Billion; 2018-2028)
Video-on-demand
Live Streaming
End-use Outlook (Revenue, USD Billion; 2018-2028)
Entertainment & Media
Telecom
Information Technology
Others
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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