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Television Station Market Trends, Top Companies, Share, Growth And Forecast 2032
Television Station Market
The Business Research Company's Television Station Global Market Report 2023 identifies high-definition content and advertisement as the major driver for the television station market's growth in the forecast period. Demand for high-quality OTT-TVs such as HBO Go and others is growing as customers choose high-quality videos and content. Besides this, businesses concentrate on raising sales by ads as television is the most influential outlet for targeting a wider audience and future clients.
The global television station market size will grow from $123.99 billion in 2022 to $131.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global television station market size is expected to grow to $163.76 billion in 2027 at a CAGR of 5.5%.
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Major competitors in the television station market are A&E Television Networks, AT & T, Inc., British Broadcasting Corporation, CBS Interactive, Comcast Corporation, Channel Four Television Corporation, CenturyLink.
A key trend in the television station market includes emergence of newer technologies. 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 color 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 in 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.
Read More On The Global Television Station Market Report Here:
https://www.thebusinessresearchcompany.com/report/television-station-global-market-report
The television station market is 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 Revenue Model: Subscription, Pay-per View, On Demand, Advertisement
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the television station market.
The Business Research Company's "Global Television Station Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Television Station Market Include:
1. Executive Summary
2. Television Station Market Characteristics
3. Television Station Market Trends And Strategies
4. Impact Of COVID-19 On Television Station
5. Television Station Market Size And Growth
……
26. Africa Television Station Market
27. Television Station Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Television Station Market
29. Television Station Market Future Outlook and Potential Analysis
30. Appendix
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