Pay TV Market To Generate Massive Revenue Worth $260.0 Billion By 2027 – Top Performing Players Are DISH Network Corporation, Airtel Digital TV, Foxtel, Spectrum and Xfinity | Million Insights

August 31 07:31 2021
Pay TV Market To Generate Massive Revenue Worth $260.0 Billion By 2027 - Top Performing Players Are DISH Network Corporation, Airtel Digital TV, Foxtel, Spectrum and Xfinity | Million Insights
Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global pay TV industry research report offers thorough insights on technology, growth drivers, revenue and impact of COVID-19. This enables numerous opportunities for the market players to invest in research and development.

The global pay TV market size is projected to be USD 260.0 billion in 2027, according to a new report by Million Insights. It is projected that the market would register 1.7% CAGR from 2020 to 2027. Owing to the increasing competition from OTT media players, pay TV service providers are changing their business models. As a result, emerging players like MOBIT is providing cost-effective, flexible and customized content. This is projected to encourage new and existing players to diversify their services.

It is projected that the IPTV segment would register considerable growth over the forecast duration. This growth is attributed to high-speed internet connectivity and the advent of 5g technology. High-speed internet connectivity has enabled users to access high-quality content at a competitive price. The hospitality sector is a major end-user of IPTV services and it is projected to support the market growth over the forecast duration.

To download the sample PDF of Pay TV Market Report “please” click here: https://www.millioninsights.com/industry-reports/pay-tv-market/request-sample 

 

Further, technology such as Multi-access Edge Computing (MEC) is likely to bring applications and content closer to the edge of the network, thereby, improving latency. This technology enables easy access to content with minimum delay. Moreover, MEC technology is projected to provide enhanced security to users by safeguarding information of viewers. 

The demand for cloud-based streaming platforms is gaining traction across the world owing to increasing preferences among consumers to access the content from various devices such as mobile, tablets and others. Moreover, cloud helps in leveraging “as-a-service” model of business, thereby, gaining popularity.   

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/pay-tv-market 

 

Further key findings from the report suggest:

• The IPTV segment is estimated to register over 7.0% CAGR over the forecast duration. This growth is attributed to the increasing popularity of OTT platforms.

• The satellite-based technology is likely to register considerable growth as it offers live streaming services at a low cost.

• It is predicted that Asia Pacific would emerge as the highest growing market over the next seven years.

• Major players operating in the pay TV market are DISH Network Corporation, Comcast Corporation, DIRECTV and Foxtel among others.

Million Insights has segmented the global pay TV market on the basis of technology, and region:

Pay TV Technology Outlook (Subscribers, Million; Revenue, USD Billion, 2016 – 2027)
    • Cable TV
    • Satellite TV
    • Internet Protocol Television (IPTV)

Pay TV Regional Outlook (Subscribers, Million; Revenue, USD Billion, 2016 – 2027)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • MEA

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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Website: https://www.millioninsights.com/industry-reports/pay-tv-market


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