Press release
Mobile TV Market is expected to reach US$17.02 bn by 2024
“Large players have been expanding their regional reach and a strong brand name enables them to push their products in the mobile TV market and achieve a greater market share,” an analyst at Transparency Market Research states.
A case in point would be Sky plc. The pan-European provider of on-demand internet streaming media, telephone, and broadband services acquired Sky Italia and Sky Deutschland services in 2014 to emerge as a leading player in the mobile TV market in Europe.
Obtain Report Details:
https://www.transparencymarketresearch.com/mobile-tv-market.html
TMR Predicts Massive Surge in Mobile TV Subscription by 2024
The opportunity in the global mobile TV market stood at US$7.69 bn in 2015 and is expected to be worth US$17.02 bn by 2024. The market is projected to exhibit a healthy CAGR of 9.5% during the forecast period.
“This can be attributed to the rise in mobile TV subscriptions, which will increase at an astounding 40.3% CAGR from 2016 to 2024,” the author of the study states.
Based on type of service, pay TV services led the overall market in 2015, accounting for a share of 52% that year. Also registering a strong CAGR of 9.7% from 2016 to 2024, the segment is forecast to continue leading the mobile TV market through 2024.
By region, Asia Pacific has been the leading revenue generator in the global mobile TV market and is anticipated to hold a share of over 42% by the end of 2024. APAC is also projected to expand at a swift pace during the forecast period.
Growing Usage of Smartphones and Tablets Driving Market
The growing usage of smartphones and tablets globally has helped boost the mobile TV market.
Most smartphones and tablets today are TV-enabled and this has resulted in the significant increase in the use of mobile TV applications.
Make Enquiry @
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13943
“Global Internet usership presently accounts for more than 3.4 billion and the penetration rate will hit 46% by the end of 2016,” the TMR analyst finds. This has considerably improved the state of the mobile TV market.
The deployment of ultra-fast data services such as 3G, 4G, and 5G has also encouraged the adoption of mobile TV. “Users now prefer watching online TV on their smartphones and tablets and the availability of high-speed internet has driven the number of subscriptions of mobile TV,” the author states.
Verizon Communications is planning to launch next-gen ultra-fast data services such as 5G wireless networks in the U.S. by 2017. Developments such as these are likely to give the global mobile TV market a substantial boost.
TMR finds that telecom companies investing in mobile TV infrastructure to provide high-speed broadband networks will not only help them deliver efficient mobile TV services and increase their subscriber base but also contribute to the growth of the global market.
Get TOC @ https://www.transparencymarketresearch.com/report-toc/13943
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
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 Mobile TV Market is expected to reach US$17.02 bn by 2024 here
News-ID: 768619 • Views: …
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during…
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the…
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016.
The global dental membrane and bone graft substitutes market is expected to…
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period.
By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment…
More Releases for Sky
Virtual Skylight Market May See a Big Move | Vision Lighting, Kryptonite Solutio …
Advance Market Analytics published a new research publication on "Virtual Skylight Market Insights, to 2027" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Virtual Skylight market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Sky Vacations Increases Global Experiences
New York, March 31, 2021
Sky Vacations, recognized as one of the leading U.S. based tour operators, specializing in custom crafted itineraries for individual and group travelers, announced today the expansion of its global product portfolio.
New programs include active vacations to India and Japan that feature hiking, camping and rafting, self drive itineraries in England, Wales, Scotland and Ireland, wine tasting in Andalucia, Spain, Israel, Naples, Italy, Austria and Vienna/Prague and…
Ezra Sky Cream Reviews-Does Ezra Sky Work-Complete Info
Certainly, our each day developing age makes it more difficult to inhabit the equal pace as we all used to live with. It allows us to be shrewder with the brain and pores and pores and skin’s smoothness. Yes, agile with excellence. In case, you're looking for a few skin care to maintain up the difference, Ezra Sky is in reality a possible anti-growing older equation. The pretty powerful working…
Indoor Farming Market 2021 SWOT Analysis By Major Players: Sky Vegetables, AeroF …
Metro Farms, Sundrop Farms, Scatil, Gotham Greens, Lufa Farms, Green Sense Farms, Plantagon are Dominating the Indoor Farming Market in 2021
Indoor Farming market competitive insights provide details by a competitor. Details included are market overview, company financials, revenue generated, market potential, Porter’s analysis, investment in research and development, drivers and restraints, new market initiatives, company strengths, overview, and weaknesses, regional presence, product launch, product width, and breadth, application dominance. The…
Lantern festivals are growing in popularity as people seek to launch sky lantern …
Many city and state officials are learning that the demand for releasing sky lanterns into the night sky is growing rapidly. These magical events are based around floating lanterns that create an awe-inspiring moment that is both breathtaking and beautiful to witness.
Sky Lanterns, sometimes called “floating lanterns” or “wish lanterns” are essentially small hot air balloons, typically made of eco-friendly rice paper and have small opening in the bottom…
SKY ZONE TRAMPOLINE PARK ROCHESTER RELOCATES
ROCHESTER, NY (Sept. 6, 2017) – Sky Zone, creator of the world’s first indoor trampoline park, announces the relocation of its Rochester location to Henrietta. With more than 170 locations open worldwide, Sky Zone’s new Rochester park will open its doors to the surrounding community later this month.
Set in a 24,000-square foot facility, Sky Zone Rochester features wall-to-wall trampoline courts, and includes some of the system’s latest and most…
