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Television Broadcasting: A Leading Driver Behind Rising Television Set Demand Fuels Growth In The Television Broadcasting Market Market Expansion in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Television Broadcasting Market Size Growth Forecast: What to Expect by 2025?
The market size of television broadcasting has seen a significant increase over the recent years. An expansion from $314.16 billion in 2024 to $335.29 billion in 2025 is expected, reflecting a compound annual growth rate (CAGR) of 6.7%. Factors such as escalating TV show budgets by studios, growing popularity of audio and video broadcasting, and the surge in disposable income are thought to have resulted in this historical period growth.
How Will the Television Broadcasting Market Size Evolve and Grow by 2029?
The market size for television broadcasting is anticipated to witness robust expansion in the forthcoming years. It is projected to escalate to a value of $415.31 billion by 2029, with a compound annual growth rate (CAGR) of 5.5%. The expansion anticipated during this forecast period corresponds with the growing fascination for the internet of things (IoT), increased usage of televisions, surge in television viewership and subscription to OTT platforms, urbanization necessitating superior quality content, and advancements in technology. During the forecast period, prominent trends involve expanding consumer base, escalating revenue through consolidations, emphasizing digital transformation, concentrating on interactive, data-driven, and dynamic content, and contemplating over-the-top (OTT) delivery expansion.
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What Drivers Are Propelling the Growth of Television Broadcasting Market Forward?
The television broadcasting market is experiencing growth due to the escalating demand for TV sets. TVs serve as a notable channel for disseminating information, news and entertaining content. Thus, a surge in the requirement for TV sets corresponds to an increase in the need for television broadcasting. This was evidenced in March 2023, as per TCL Technology, a firm based in China that manufactures mobile phones, TVs, washing machines and various other electronics. Their TV division contradicted the general downward curve by shipping 23.8 million units in 2022. Consequently, the television broadcasting market is being bolstered by the growing demand for television sets.
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Which Emerging Trends Are Transforming the Television Broadcasting Market in 2025?
A growing number of studios are raising their TV show budgets to offer superior content. Given that studios now possess several avenues for revenue creation, they are becoming more inclined to invest in the production of superior content. Netflix, for instance, invested around £100 million in the television series, The Crown. The desire for high-quality content and the presence of multiple outlets like Video on Demand platforms including Netflix and Hulu, mobile applications, and web portals for revenue generation have motivated studios to produce high budget TV shows.
What Are the Key Segments in the Television Broadcasting Market?
The television broadcasting market covered in this report is segmented -
1) By Type: Television Station, Television Network
2) By Broadcaster Type: Public, Commercial
3) By Revenue Source: Subscription-Based, Advertisement-Based
Subsegments:
1) By Television Station: Local Television Stations (Broadcasting Content to Specific Geographic Areas), Public Television Stations (Non-commercial, Often Funded by Government or Donations), Cable Television Stations (Local Channels Accessible Through Cable Providers)
2) By Television Network: National Television Networks, Regional Television Networks (Serving Specific Regions or States), International Television Networks (Broadcasting Content Globally)
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Who Are the Key Players Shaping the Television Broadcasting Market's Competitive Landscape?
Major companies operating in the television broadcasting market include Comcast Corporation, Walt Disney, Time Warner Inc., ViacomCBS, NBC Universal Media LLC, Dish Network, Fox Corporation, BBC, American Broadcasting Company (ABC), A&E Television Networks, Ryukyu Broadcasting Corporation, ITV Network Limited, Marquee Broadcasting, NovyiVek, Meredith Corporation, Fukushima Central Television Co., Metromedia, Jiangsu Radio And Television Station and China Beijing TV Station, Moskva Media, Guangdong Broadcasting and Television Network Co., MTV Networks Africa (Pty) Limited, Television Kanagawa, STS Media, Hunan Broadcasting System, UKTV, Inc., Baishan Broadcast Television Station, Beijing Media Network, Kumamoto Telecasting Corp., Nankai Broadcasting Co., Telekanal 360, Ltd., Jiangsu Broadcasting & Television Group Co., Channel Four Television Corporation, The North United Cable Network. Inc., BT Group, 3sat online, ARD.de, Bavarian Radio and Television Network, Deutsche Welle, Star India Private Limited, 1-2-3.TV GmbH, RTL Television GmbH, Gazprom Media, Seven (National) Pty Limited, WeltN24 GmbH, Sport1 GmbH, Don Media, Hearst Television, ABC Owned Television Stations, American Spirit Media, New Age Media, Natsionalnaya Media Gruppa, Bahakel Communications, Block Communications, Bonten Media Group, Capital Cities/ABC Inc., Sky Channel Pty. Ltd., Sony Pictures Networks India Private Limited and TV18 Broadcast Limited, Cowles Company, Cox Media Group, CBS Corporation, Shandong Radio and TV Station, Gray Television Inc.
What Geographic Markets Are Powering Growth in the Television Broadcasting Market?
North America was the largest region in the television broadcasting market in 2024. Middle East is expected to be the fastest growing region in the forecast period. The regions covered in the television broadcasting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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