Press release
IPTV Market 2024-2033 | Size, Share And Insights
"The new report published by The Business Research Company, titled ""IPTV Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the iptv market size has grown rapidly in recent years. It will grow from $138.81 billion in 2023 to $162.37 billion in 2024 at a compound annual growth rate (CAGR) of 17.0%. The iptv market size is expected to see rapid growth in the next few years. It will grow to $305.16 billion in 2028 at a compound annual growth rate (CAGR) of 17.1%.
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Surging Demand For Video-On-Demand (VOD) Services Fuels IPTV Market Growth
The growing preference for video-on-demand (VoD) service is a key factor driving the growth of the internet protocol television IPTV market. Video on Demand (VOD) is one of the innovative features that Internet Protocol TV offers. VoD provides consumers with a range of available videos to choose from. The video is transmitted via the real-time Streaming Protocol. In recent years, VoD has gained tremendous popularity, this has resulted in higher smart TV adoption rates. For instance, in 2021, Netflix was the largest paid video streaming platform with 195 million subscribers globally. Therefore, the growing preference for video-on-demand services is expected to drive the growth of internet protocol television IPTV market.
Explosive Growth Of Fiber-To-The-Home (FTTH) In IPTV Industry Transforms User Experience
A key trend in the IPTV industry is the rising demand for fiber-to-the-home (FTTH) connections. Owing to the limitless bandwidth and transmission capacity of optical fiber, FTTH is well suited for IPTV. FTTH offers a fixed access network to provide broadband high-speed, resulting in an improved user experience. For instance, in June 2022, Airtel launched its Xstreamfiber to the home services in remote areas such as Ladakh and Andaman and Nicobar Islands. Therefore, the service providers are now gradually providing premium content through FTTH to ensure a better user experience.
The iptv market covered in this report is segmented -
1) By Type: Video IPTV, Non-Video IPTV
2) By Application: Linear Television, Nonlinear Television
3) By End-User: Small & Medium Enterprise, Large Enterprise, Residential Customers
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Major companies operating in the iptv market report are Google LLC, Microsoft Corporation, Amazon Web Services (AWS), Intel Corporation, International Business Machines Corporation (IBM), Cisco Systems Inc., Tata Consultancy Services Limited, Ericsson AB, Cigniti Technologies Private Limited, Thales Group, Cognizant Technology Solutions Corporation, Texas Instruments Incorporated, Infosys Limited, HCL Technologies Limited, Capgemini SE, Keysight Technologies Inc., Saksoft Limited, Rapid7 Inc., Apica System AB, Trustwave Holdings Inc., Happiest Minds Technologies Limited, SmartBear Software Inc., RapidValue Solutions Limited, AFour Technologies Pvt. Ltd., Novacoast Inc., Praetorian LLC, Zephyr, Qualitest Group Inc., Beyond Security Inc., Ixia Solutions, Allot Communications Ltd., Infineon Technologies AG, Atos SE, Parasoft Corporation, TestPlant Inc., Micro Focus International plc, Tricentis Inc.
Contents of the report:
1. Executive Summary
2. IPTV Market Report Structure
3. IPTV Market Trends And Strategies
4. IPTV Market - Macro Economic Scenario
5. IPTV Market Size And Growth
…..
27. IPTV Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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