IPTV Market Size to See Huge Growth Of $146.2 Billion by 2031; CAGR of 9.5%

The online communities segment is expected to experience fastest growth in the coming years

WILMINGTON, NEW CASTLE, DE, UNITED STATES, December 10, 2024 /EINPresswire.com/ -- The 𝐈𝐏𝐓𝐕 𝐌𝐚𝐫𝐤𝐞𝐭¹ report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market. The global IPTV Market was valued at $59.7 billion in 2021, and is projected to reach $146.2 billion by 2031, growing at a CAGR of 9.5% from 2022 to 2031.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧 𝐏𝐃𝐅 - 390 𝐏𝐚𝐠𝐞𝐬) 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/A47392

The research provides detailed segmentation of the global internet protocol television market based on component, application type, industry vertical, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.

The Internet-based Protocol Television (IPTV) refers to the process of transmitting television programs and videos through the internet. The video servers transmit signals through rooftop antenna, satellite dish and fiber optic cables to stream content at various locations. The IPTV market primarily uses IP multicasting with Internet Group Management Protocol (IGMP), Real-Time Streaming Protocol (RTSP), Real-Time Messaging Protocol (RTMP) and Hypertext Transfer Protocol (HTTP) for live broadcasts and on-demand programs. In comparison to the public internet, it provides the network operators with more control over the video traffic and enables regular quality-checks of the service. It also allows the viewers to create a custom list of channels and record shows in high-definition (HD) quality.

𝐁𝐮𝐲 𝐍𝐨𝐰 & 𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/iptv-market/purchase-options

Furthermore, growing preference for video-on-demand and high-definition channels and increase in demand for alternative investment boost the growth of the global internet protocol television (IPTV) market². In addition, increase in use of digital transformation technology and growing popularity of mobile devices positively impact the growth of the market. However, the Stringent regulatory norms and lack of awareness and high infrastructure cost hampers the internet protocol television market growth. On the contrary, the rise in adoption of 5G technology is expected to offer remunerative opportunities for expansion during the IPTV market forecast.

Based on application, the non-linear TV segment accounted for the highest share in 2021, contributing to nearly two-thirds of the global internet protocol television market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the linear TV segment is expected to manifest the highest CAGR of 11.0% from 2022 to 2031.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐰𝐢𝐭𝐡 𝐲𝐨𝐮'𝐫𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/A47392

Based on component, the hardware segment held the highest share in 2021, accounting for nearly two-fifths of the global internet protocol television market. However, the service segment is expected to register the highest CAGR of 10.9% from 2022 to 2031, and is expected to continue its leadership status during the forecast period.

IPTV providers are offering triple-play services, which allow users to experience broadband, telephone, and TV services on a single line. These IPTV providers are also offering mobility to the customers along with triple-play services, to increase the market growth of IPTV as against satellite TV and cable TV. This, in turn, allows the customers to utilize IPTV services for a multi-viewing experience. Furthermore, Twitter and Facebook apps read a viewer's incoming tweets or status updates and present these on the TV screen along with television programming and commercials. For instance, in July 2020, Orange Romania, a subsidiary of Orange SA, introduced the TV Go box. Therefore, the advertisers are carefully aiming to exploit these services being offered by the IPTV providers, which, in turn, is expected to provide lucrative opportunity for the growth of the global market.

𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A47392

Region-wise, the IPTV market size³ was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to, high penetration of internet and rapid growth of smart TVs. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to rise in initiatives towards digital transformation such as direct-to-home (DTH) services and digitalization of cable TV government of developing countries.

Based on industry vertical, the media and entertainment segment accounted for the highest share in 2021, holding nearly two-fifths of the global internet protocol television market, and is expected to continue its leadership status during the forecast period. However, the IT & Telecom segment is estimated to grow at the highest CAGR of 11.6% during the forecast period.

𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐫𝐨𝐟𝐢𝐥𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞

𝐃𝐞𝐮𝐭𝐬𝐜𝐡𝐞 𝐓𝐞𝐥𝐞𝐤𝐨𝐦 𝐀𝐆, 𝐓𝐑𝐈𝐏𝐋𝐄𝐏𝐋𝐀𝐘 𝐒𝐄𝐑𝐕𝐈𝐂𝐄𝐒 𝐋𝐓𝐃., 𝐁𝐫𝐨𝐚𝐝𝐜𝐨𝐦 𝐈𝐧𝐜., 𝐇𝐮𝐚𝐰𝐞𝐢 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐂𝐨., 𝐋𝐭𝐝., 𝐂𝐢𝐬𝐜𝐨 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 𝐈𝐧𝐜., 𝐄𝐫𝐢𝐜𝐬𝐬𝐨𝐧, 𝐀𝐢𝐫𝐭𝐞𝐥 𝐈𝐧𝐝𝐢𝐚., 𝐀𝐓&𝐓 𝐈𝐧𝐜., 𝐕𝐞𝐫𝐢𝐳𝐨𝐧 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐈𝐧𝐜., 𝐀𝐤𝐚𝐦𝐚𝐢 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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Allied Market Research
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¹ https://www.alliedmarketresearch.com/iptv-market-A47392
² https://www.globenewswire.com/news-release/2023/02/20/2611353/0/en/IPTV-Market-is-Expected-to-Generate-146-2-Billion-by-2031-Allied-Market-Research.html
³ https://www.alliedmarketresearch.com/press-release/iptv-market.html