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Global Transport Stream Switching Market to Gain Significant Momentum in Asia-Pacific Through 2025
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Geographical Analysis
For the benefit of the readers, the report provides a complete perspective on the market’s growth on the basis of revenue in US$ Mn, covering different geographical regions namely Europe, Asia Pacific, North America, Middle East & Africa and South America. Presently, North America is the most dominant region in the global transport stream switching market. In the coming years, the market is expected to grow at a prominent CAGR in the Asia Pacific and Middle East and Africa regions.
Major Insights from the Study
As per the research key highlights, the global transport stream switching market is anticipated to grow at a CAGR of 9.2 % during the forecast period 2017 to 2025. Also, it has been predicted that the market will reach a value of US$1699.04 mn, by the end of 2025. As the adoption of live streaming videos and the demand for on-demand services accelerate, the global transport stream switching is predicted tp grow stronger in reaction. The research also analyzes that the demand is higher in developing geographies such as Asia Pacific and Middle East & Africa. Increasing adoption of digital advertisement is anticipated to fuel the growth of the global transport stream switching market during the forecast period.
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Further, the report has also added that the demand for transport stream switching has spiked considerably in response to the roll out digital marketing campaigns by businesses for reaching a more widespread audience through online platforms. The adoption of cloud-based services, digital platforms, and the rising demand for media connectivity on the go through live video streaming, smartphones, or notebooks have enabled the market gain momentum as well.
Moreover, the market has been segmented on the basis of the component, streaming type, and end-use. By end use, the broadcasters and operators segment held lead in 2016. Besides this, the market is also expected to witness lucrative prospects in healthcare and BFSI segments.
The final section of the report deals with the competitive landscape which highlights the key players that are operating in the transport stream switching market along with details such as business positioning, financial standing, and SWOTs. Some of the key players engaged in Transport Stream Switching market are VBrick Systems, Inc., Starfish Technologies Ltd, Nevion AS, Mediaware International Pty Ltd, Telestream, LLC, Manzanita Systems, Harmonic, Inc., MIVIDI, Techex, AdGorilla LLC, ROHDE&SCHWARZ, and Nablet GmbH.
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