Digital Broadcasting Market Share, Size, Insights 2021 Movements by Key Findings, Industry Impact, Latest Trend Analysis, Progression Status, Revenue Expectation, Research Report by Kenneth Research

In a recent published report, Kenneth Research has updated the Digital Broadcasting Market report for for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Digital Broadcasting Market products.

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According to the statistics by the Bureau of Economic Analysis (BEA) of the U.S. Dept. of Commerce, the gross output registered from the data processing, internet publishing and other information services industry grew from USD 162.5 Billions in 2010 to USD 530.4 Billion in 2020.

Video and television delivery platforms are gradually becoming multifaceted, as viewing preferences shift towards on-demand content using multiple devices. The expansion of the Internet and other digital infrastructure is leading to the growth of online video platforms, which is in turn influencing the viewing patterns of consumers around the world. The global digital broadcasting market is expected to grow from USD 266.96 Bn in 2018 to USD 310.81 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 3.17%.

In this report, the global digital broadcasting market is classified into three segments based on the subscription model:
o Pay TV (direct-to-home [DTH], Internet Protocol television [IPTV], digital terrestrial television [DTT], and mobile TV)
o Free-to-air TV market (DTH, IPTV, DTT, and mobile TV)
o Digital radio

Pay TV segment insights:

In the pay TV category, the DTH segment will occupy ~43% of the market share by 2023. It is expected to experience the highest growth, as broadband penetration and adoption of 3G and 4G technologies are increasing, thereby leading to a surge in Internet usage. Moreover, viewers are willing to pay for premium content to enjoy advertisement-free entertainment.

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Free-to-air TV segment insights:

The free-to-air TV segment is expected to expand at a CAGR of 19.82% during 2018–2023. In countries such as the United Kingdom (U.K.) and the United Arab Emirates (UAE), there is a significant number of free-to-air satellite TV viewers. In the case of digital broadcasting, the number of free-to-air TV viewers is quite less. However, the DTT free-to-air sub-segment generates more revenue in comparison to the DTT pay TV sub-segment.

Digital radio insights:

The digital radio segment is expected to expand at a CAGR of 14.63% during the 2018–2023 period. North America contributes the highest revenue in this segment. Declining costs of collecting, streaming, and storing data, and increasing use of advanced infrastructure are driving the digital radio market. The emergence of new players in the music streaming industry has given a significant boost to the market.

Regional insights:

The global digital broadcasting market is segmented into five regions: North America, Europe, Asia-Pacific (APAC), Latin America, and the Middle East and Africa.
In 2018, North America accounted for an approximately 28% share of the global digital broadcasting market, while APAC accounted for a higher market share due to the swift penetration of broadband services. The share of the North American digital broadcasting market is declining due to an increase in licensing fees and a shift in viewers’ preference from television content to mobile content.

Companies covered:

DTH
o DISH Network
o Etisalat (eLifeTV)
DTT
o ARRIS International Plc
o Sichuan Changhong Network Technologies Co., Ltd.
Mobile pay TV
o Netflix
o Hulu
Digital radio
o iHeartRadio
o Spotify
IPTV
o Wiseplay
o Perfect Player

Customizations available
With the given market data, Kenneth Research offers customizations according to specific needs. Write to us at sales@kennethresearch.com, or connect with us here.
 

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  •  Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

The Market report answers the following questions:

What is the aim of the report?

  • The market report presents the estimated market size of Market by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
  • Based on various indicators, the Year-on-Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
  • An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
  • The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
  • The various parameters accelerating the growth of Market are incorporated in the research report.
  • The report analyzes growth rate, market size and valuation of the Market during the forecast period.

What aspects regarding the regional analysis Market are included in this report?

  • Geographical regions covered in the report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
  • The report consists of detailed region-wise analysis of current and future market trends, providing information on product usage and consumption.
  • The growth rate of the market in every region, including their countries over the forecast period is included in the market report.

Based on what factors are the key market players assessed in this report?

  • The report offers detailed analysis of leading companies in the market across the globe.
  • It provides details of the major vendors involved in the Market including Key Playes
  • A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
  • The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
  • The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

What is the key information extracted from the report?

  • Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
  • The report offers the present scenario and future growth prospects Market in various geographical regions.
  • The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
  • The SWOT analysis is conducted along with Porter’s Five Force analysis.
  • The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.

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