“The
Report Global IPTV Market 2017-2021 provides information on pricing,
market analysis, shares, forecast, and company profiles for key
industry participants. - MarketResearchReports.biz”
MarketResearchReports.biz
has announced the addition of a new market study to its repository,
titled, “Global
IPTV Market 2017–2021.”
The report provides insight into the current competitive dynamics of
the market and also its future trajectory. It calculates the overall
revenue in the market and the segments it based on different
parameters to study the market in-depth. The report projects the
global IPTV market to expand at a cracking pace by clocking a robust
CAGR of 15.88% from 2017 to 2021.
IPTV,
acronym for internet protocol television, is a system that offers TV
services through a private network to end-users leveraging the
internet. The IPTV services are not transmitted via the conventional
radio frequency broadcasts, cable TV formats, or satellite signals.
At the forefront of driving demand in the global IPTV market is the
surging popularity of video-on-demand (VOD), which accords viewers to
download or stream content from the traditional TV or online sources
as per their choice and watch it when convenient for them.
Further,
interactive IPTV portal has digital media features that can be used
anywhere in the world, in different locations, namely mining camps,
hotels, student libraries, private accommodations, naval vessels, and
hospitals. The surging popularity of customized and interactive IPTV
services is serving to catalyze growth in the global IPTV market.
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Based
on the method of transmission, the global IPTV market can be split
into wired transmission and wireless transmission. Depending upon
end-users again, the market can be segmented into residential
customers and enterprises. Of the two, enterprises of different sizes
and types account for maximum demand. Hospitals, educational, and
entertainment centers, for example are driving up demand for IPTV
services and solutions to up the effectiveness of their training and
communication programs through live internal video broadcasts, live
TV programs, and VOD services.
Geographically,
the key regions in the global IPTV market studied in the report are
the Americas, Asia Pacific, and the Europe, Middle East and Africa.
Asia Pacific, among them, is a promising market due to increase in
online video consumption along with live streaming of online content.
This, in turn, is a result of the rising spending capacity of people,
growing use of smart consumer devices, higher penetration of the
internet, and soaring popularity of user-friendly apps.
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https://www.marketresearchreports.biz/pressrelease/5546/surging-uptake-of-video-on-demand-proves-beneficial-to-global-iptv-market
Currently,
the global IPTV market is characterized by robust competition because
of the presence of a copious number of global and regional players,
offering similar products. This also makes the competitive landscape
fragmented. Savvy players in the market are channeling their energy
into product innovation. They are also adopting competitive pricing
strategies to steal a march over their competitors.
Some
of the prominent participants in the global IPTV market profiled in
the report are AT&T, Deutsche Telekom, China Telecom, Verizon,
Orange, and British Telecom.
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