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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 -

Key challenges - 

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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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Internet Protocol Television Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 17.77%

Market growth 2023-2027

USD 74,860.43 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

17.29

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, China, Japan, South Korea, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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

13 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

SOURCE Technavio


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