The Global Cloud TV market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Cloud TV market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
The global cloud TV market size reached USD 2.03 Billion in 2020 and is expected to register a CAGR of 10.8%, during the forecast period, according to latest analysis by Emergen Research. Growing demand for video on demand with high quality user experience is expected to drive global cloud TV market revenue growth over the forecast period. In addition, growing demand for cloud streaming services is expected to propel global cloud TV market growth in the near future. Furthermore, increasing adoption of 5G technology is further expected to augment revenue growth of the global cloud TV market during the forecast period. Several telecom providers are capitalizing on the progress of 5G technology to reinforce the cloud TV experience, which is expected to continue to boost market growth going ahead.
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The study further explores and provides an in-depth analysis of current market dynamics and recent trends, focusing on various key factors and potential growth opportunities and risks. The report focuses on leading regions and their major countries to anticipate market growth in the forecast years.
Key players in the market include Kaltura Inc, Brightcove, Inc., Amino Technologies PLC, IntelliMedia Networks Inc., Matrix Stream Technologies Inc., CSG Systems International Inc., SimpleStream Limited, ActiveVideo Networks, Inc., SeaChange International Inc., and Amagi Corporation.
Highlights from the Report
- Public cloud segment revenue is expected to expand at a significant CAGR during the forecast period. Increasing adoption of public cloud-based TV is expected to boost revenue growth of this segment.
- In terms of market share, the software as a service (SaaS) segment is expected to register significant growth over the forecast period due to increasing demand for SaaS-based cloud TV offerings.
- Increasing demand for high user experience for on-demand video content is expected to drive revenue growth of the video-on-demand segment, which is expected to lead in terms of revenue contribution to the global cloud TV market during the forecast period.
- In terms of revenue share, the entertainment & media segment is expected to lead over the forecast period due to increasing demand for video content delivered through the Internet.
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The report studies the historical data of the Cloud TV Market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
Emergen Research has segmented the global cloud TV market on the basis of cloud type, service, streaming, end-use, and region:
Cloud Type Outlook (Revenue, USD Billion; 2018–2028)
- Private Cloud
- Public Cloud
- Hybrid Cloud
Service Outlook (Revenue, USD Billion; 2018–2028)
- Software as a Service (SaaS)
- Platform as a Service (PaaS)
- Infrastructure as a Service (IaaS)
Streaming Outlook (Revenue, USD Billion; 2018–2028)
- Video-on-demand
- Live Streaming
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Entertainment & Media
- Telecom
- Information Technology
- Others
Geographical Segmentation:
The latest research report entails an in-depth analysis of the current growth opportunities for various regions of the Cloud TV Market, gauging their revenue share over the forecast timeline. Furthermore, the report analyses the year-on-year growth rate of these regions over the forecast duration. The leading market regions profiled in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report offers a comprehensive understanding of the impact of the COVID-19 pandemic on the overall market growth and expansion. COVID-19 has affected the global economy by interfering with production and demand, causing market disruption, and inducing financial instability.
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Key Points of Cloud TV Market:
- Key insights into the regional spread of the industry in key geographies
- Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
- Complete data about the key manufacturers and vendors in the Cloud TV market
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