Television Broadcasting Services Market is Booming Worldwide by Key Players like CBS Interactive Inc., British Broadcasting Corporation (BBC), A&E Television Networks.LLC, CANAL+ GROUP

Global Television Broadcasting Services Market, By Delivery Platform (Satellite Broadcast, Digital Terrestrial Broadcast, Over the Top television (OTT), Internet Protocol Television (IPTV), Cable Television Broadcasting Services), Broadcaster (Public, Commercial), Service Model (Advertisement, Subscription), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025 The Global Television Broadcasting Services Market is expected to reach USD 753.1 billion by 2025 from USD 407.7 billion in 2017 and is projected to grow at a CAGR of 7.1% in the forecast period of 2018 to 2025.

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Some of the major players in global television broadcasting services market are CBS Interactive Inc., British Broadcasting Corporation (BBC), A&E Television Networks.LLC, CANAL+ GROUP, AT&T, Inc., Channel Four Television Corporation, RTL Group, CenturyLink, Warner Media, LLC. 21st Century Fox, Tivo Corporation, CBC/Radio-Canada, Viacom Inc., SES S.A, Red Bee Media., Tata Communications Ltd. and Heartland Media.LLC are among the others.

Market Definition: Global Television Broadcasting Services Market

Television Broadcasting is a broadcasting service in which signals are transferred by radio waves for public reception along with the receivers which are tuned to signal channel. These are the TV business where a noteworthy revolution has been seen along with the approach of advanced telecom and the internet. With the solid entrance of Internet as well as developing computerized ecosystems around the globe, online TV broadcasting has been extended in the previous decade. Moreover, customary pay TV still rules the TV broadcasting advertisements. According to Statista, in 2017, the telecommunication market was valued around USD 1.4 trillion and is estimated to grow around USD 1.46 trillion by 2020. According to Outlook report, The U.S. media and entertainment industry is USD 735 billion which includes television program, commercials, streaming content, broadcast, radio and other. The industry is expected to reach around USD 830 billion by 2022. Thus, it proves that growth in the telecommunication industry will definitely derive the demand of television broadcasting market.

Major Market Drivers and Restraints:

Growing digitalization and consumption of digital content
Rising need of enterprises in order to reach large audiences and potential customers
Increasing demand for advertisement and high definition content
Implementation of strict regulations in different countries

Market Segmentation:

Based on delivery platform:

Satellite Broadcast
Digital Terrestrial Broadcast
Over-The-Top Television (OTT)
Internet Protocol Television (IPTV)
Cable Television Broadcasting Services

On the basis of broadcaster:

Public
Commercial

On the basis of service model:

Advertisement
Subscription

Based on geography:

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, South Africa, and Brazil among others.

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