Internet Protocol Television Market size to grow at a CAGR of 17.77% from 2022 to 2027, Market is segmented by component, type, and geography - Technavio
NEW YORK, May 29, 2023 /PRNewswire/ -- The internet protocol television market size is estimated to grow by USD 74,860.43 million from 2022 to 2027. Also, the growth momentum will progress at a CAGR of 17.77% during the forecast period. The market is segmented by Component (Hardware, Software, and Services), Type (Wired and Wireless), and Geography (North America, Europe, APAC, Middle East and Africa, and South America). The market share growth by the hardware segment will be significant during the forecast period. The segment contains the physical components required to provide IPTV services, which include set-top boxes, routers, switches, and other network devices such as Set-top boxes (STBs), Routers and switches, and other networking equipment. Also, the rise in mobile and smart device adoption notably drives the internet protocol television (IPTV) market growth. The proliferation of mobile and smart devices enables Internet protocol television(IPTV) service providers to offer new services and features that were not previously available. For instance, Sling TV offers apps for smart TVs, game consoles, and mobile devices, giving users easy access to their favorite shows and movies on their preferred devices. Download a Sample Report Now!
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Internet protocol television market - Vendor Insights
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Aferian plc, Akamai Technologies Inc., AT and T Inc., Broadcom Inc., Chunghwa Telecom Co. Ltd., Cisco Systems Inc., Huawei Technologies Co. Ltd., Lex IPTV, Moftak Solutions, Necro IPTV, Orange SA, PJSC Rostelecom, SK Telecom Co. Ltd., Sterlite Technologies Ltd., Telefonica SA, Tellabs Access LLC, Telstra Ltd., Tripleplay Interactive Network Pvt. Ltd., VITEC, and ZTE Corp.
Internet Protocol Television Market – Market Dynamics
Major Trends -
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The internet protocol television market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
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