According to a new report published by Allied Market Research, titled, “Television Services Market by Delivery Platform, Revenue Model, and Broadcaster Type: Opportunity Analysis and Industry Forecast, 2021–2027,” the global television services market size is expected to reach $499, 800 million by 2027 at a CAGR of 5.4% from 2021 to 2027.
Television services refer to a system for converting visual images (with sound) into electrical signals, transmitting them by radio or other means, and displaying them electronically on a screen. The global television industry is in the midst of a digital revolution. Online video has been empowering consumers to watch video content as per their choice. Netflix and Amazon are non-negligible examples, which reflects how digital media is gaining popularity among the TV audience. These giants operating in the TV broadcasting industry are offering over-the-top (OTT) TV services, where popular OTT apps are in-built.
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Rise in disposable income and increase in expenditure on entertainment boost the growth of the global television services market. Furthermore, technological advancements in television broadcasting services such as transition of cable television to digital broadcasting significantly contributes toward the growth of the global market. Internet protocol TV has been majorly influencing the television services market growth during the forecast period. Increase in display size of the TV and integration of smart features in TV sets attract customers to buy smart TV along with television services. Smart features include wide touchscreen, HD displays, and strong internet connectivity.
However, increase in alternative means of entertainment through various devices such as smartphones, desktops, and laptops and increase in their popularity are expected to hamper the growth of the television services market size during the forecast period. Furthermore, rise in cyber threats, cloud unpreparedness, and poor connectivity in rural areas hinder the growth of the television services market.
According the television services market analysis, the product market is segmented into delivery platform, revenue model, broadcaster type, and region. By delivery platform, it is categorized into digital terrestrial broadcast, satellite broadcast, cable television broadcasting, internet protocol television (IPTV), and over-the-top television (OTT). Depending on revenue model, it is fragmented into subscription and advertisement. On the basis of broadcaster type, it is differentiated into public and commercial. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Russia, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
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On the basis of delivery platform, the cable television broadcasting segment was valued at $111,500 million in 2019, and is projected to reach $138,500 million by 2027, registering a CAGR of 2.8% from 2021 to 2027. This is attributed to the fact that cable television broadcasting is now viewed as video service delivery that is part of a comprehensive service offering, comprising other truly integrated services , ranging from video on demand (VOD) services, internet access services, cloud storage & application services, and Internet of Things (IoT) services, such as smart metering at home. Furthermore, cable TV has been gaining considerable popularity, owing to its transformation into digital cable TV.
According to television services market trends, on the basis of revenue model, the subscription segment was valued at $191,700 million in 2019, and is expected to reach $ 276,600 million by 2027, registering a CAGR of 4.8% from 2021 to 2027. This is attributed to the fact that subscription-based pricing attracts more customers, provides higher customer retention, eases distribution, offers large scope for marketing, maintains business consistency, and smoothens cash flow management. Furthermore, rise in adoption of subscription based revenue model in developing countries and high populated countries, including China and India, where subscription base increases with growing number of TV households, significantly contributes toward the growth of the global market.
On the basis of broadcaster type, the public broadcasting segment is estimated to reach $159,800 million by 2027, at a CAGR of 5.1%. Public broadcasting refers to the broadcasting services which mean to broadcast content for the public welfare and non-commercial purposes. It is funded by government, where various public-related policies such as government schemes and public awareness news are meant to be broadcasted. For instance, the Government of India initiated program of TV classrooms on regional TV channels, during the lockdown period, as schools are temporarily closed to stop the spread of coronavirus. TV classrooms are broadcasted on public channels, including regional channels and Doordarshan (DD Channel), which gained significant response from Indian TV households.
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Region wise, Asia Pacific held highest television services market share in 2019, after North America, and is projected to maintain this trend throughout the television services market forecast period. This is majorly attributed to surge in number of TV households, increase in rate of adoption for advanced & modern technologies, and rise in viewership for Hollywood content such web series and movies. Furthermore, advancements in TV broadcasting technology such as satellite TV and IPTV are majorly attracting Asians to subscribe for television services. Furthermore, surge in disposable income and willingness to pay for quality content and on-demand video content are majorly boosting the growth of the product market. Moreover, the introduction of OTT media platforms has been disrupting the whole television industry, and many video and audio content makers are broadcasting their content on OTT media platforms such as Amazon and Netflix. Increase in digital literacy rate and availability of affordable internet facilities are promoting people to buy OTT TV and IPTV services. Thus, all these factors collectively are anticipated to drive the growth of the product market.
The players operating in the television services industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include CANAL+ GROUP, Time Warner, Inc., Viacom CBS Inc., Channel Four Television Corporation, CenturyLink, Inc., Viacom International, Inc., A&E Television Networks, LLC, British Broadcasting Corporation, 21st Century Fox, and Comcast Corporation.
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Key findings of the study
- The television services market was valued at $332,600 million in 2019, and is estimated to reach $499,800 million by 2027, growing at a CAGR of 5.4% during the forecast period.
- By delivery platform, the internet protocol television (IPTV) segment is estimated to witness the fastest growth, registering a CAGR of 7.0% during the forecast period.
- In 2019, depending on revenue model, the advertisement segment was valued at $141000 million, accounting for 42.3% of the global television services market share.
- In 2019, the U.S. was the most prominent market in North America, and is projected to reach $171,500 million by 2027, growing at a CAGR of 4.0% during the forecast period.
This market research report identifies Friendsurance, Oscar, ZhongAn, Allay, Analyze Re, GetInsured, Bayzat, Bought By Many, Claim Di, and CommonEasy as the major vendors operating in the global Insurtech market.
This report also provides a detailed analysis of the market by components (Software and Services), types (Retail Insurance and Commercial Insurance), by application (Health insurance, Property and casualty insurance, Life insurance, and Others), and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).Get Sample Copy Of The Report@ https://www.trendsmarketresearch.com/report/sample/9829 Infoholic’s market research report predicts that the global InsurTech market revenue is valued at $532.7 million in 2018 and is expected to reach $1,119.8 million by 2023, growing at a CAGR of 16.0% during the forecast period 2018–2023.
The insurance sector is all set to adopt new technologies and attract new customers along with retaining the clients delighting with services.
The Asia Pacific region is likely to witness growth in InsurTech due to the presence of few emerging countries and financial hubs in Hong Kong, Singapore, and India.
Also, the insurers are focusing on providing cheap and affordable insurance premium plans in the diversely populated region.Competitive Analysis and Key VendorsThe banks and financial institutions are witnessing transformation with the emergence of FinTech vendors, thereby disrupting the traditional model of operations and processes.
Insurers face stiff competition, and the insurance market is considered mature in most of the countries.
The global medical imaging market is expected to reach USD 55.7 billion by 2025, according to a new report by Grand View Research, Inc. Augmenting investment by government and federal organizations for portable diagnostic devices, and increasing prevalence of numerous chronic as well as sedentary lifestyle diseases is expected to vitally impact the industry growth.Funds and initiatives by government and private players is expected to benefit the market.
For instance, based on the information provided by the Hindustan Times in 2016, the Indian Government has setup an agency for encouraging domestic manufacturers and regulated prices of the medical devices.Along with rise in investments and funds in developing region, there is also a significant rise in fundings in the European countries such as the UK where USD 21.0 million was provided by the government in August 2015 for better development of new therapy, diagnostics and medical technologies.
Such efforts across various countries worldwide, together, are anticipated to positively drive the market over the forecast period.The Diagnostic imaging market is highly consolidated and is anticipated to witness various new product launches over the forecast period, which will vitally impact the revenue generation for the industry.
For instance, the adoption of high slice technology in CT scanners is expected to drive revenue for the industry globally.
As of 2016, high slice system includes 80, 128, 256, 320 and 640 slice system which are offered only by top vendors such as Toshiba, Siemens Healthineers, Philips and GE healthcare.Request a Sample Copy of the Global Medical Imaging Market Research Report @ www.grandviewresearch.com/industry-analysis/medical-imaging-systems-market/request/rs1Further Key Findings from the Report Suggest:Based on product type, there are five segments, X-ray, computed tomography, ultrasound, MRI equipment, and nuclear imaging.
The x-ray segment was identified as the largest and is expected to grow at a CAGR of over 3.0% during the forecast period.North America is one of the most lucrative region for medical imaging market owing to better infrastructure facilities as compared to emerging regions and high end purchasing power along coupled with reimbursement framework in the region.
The global UV LED Lamps Market report for the forecast period of 2018 – 2023 is a key insight into the UV LED Lamps Market across various parameters.
The solid research on the UV LED Lamps Market is prepared with the aim to meet the requirements of the customer in terms of the availability of data, analytics, statistics, and an accurate forecast of the UV LED Lamps Market.The research has been conducted keeping a base year as reference to identity the UV LED Lamps Market trends and hence accurately project the forecast of the UV LED Lamps Market.Ask for Sample Copy of Report @ http://orbisresearch.com/contacts/request-sample/2109856Key questions answered by this report include:Worldwide and Regional Market Size of UV LED Lamps 2013-2017, and development forecast 2018-2023Main manufacturers/suppliers of UV LED Lamps worldwide, with company and product introduction, position in the UV LED Lamps marketMarket status and development trend of UV LED Lamps by types and applicationsCost and profit status of UV LED Lamps, and marketing statusMarket growth drivers and challengesThe global UV LED Lamps Market report covers the overview of the market which provides the customer detailed information about the UV LED Lamps Market such as the different types of products, the applications of the products and their performance in the market.
This can help the customer relate to the market and gain requisite insights into the UV LED Lamps Market for better understanding and planning.The report further covers the various drivers, challenges, and trends in the global market as well as in the regional markets.
It is necessary to understand all the drivers and restraints one might face in the market to plan the growth campaign effectively and realize substantial benefits.
Furthermore, the region which is recording the fastest growth rate is also covered.The regions covered in the UV LED Lamps Market report include:North AmericaEuropeChinaJapanRest APACLatin AmericaBy types, the UV LED Lamps Market is segmented into the following:UVAUVBUVCBy Applications, the UV LED Lamps Market is segmented into the following:UV CuringMedical PhototherapySterilizationOthersMake an Enquiry @ http://orbisresearch.com/contacts/enquiry-before-buying/2109856The type with the fastest growth rate for the forecast period and the type holding the highest market share are mentioned in the report along with a detailed analysis of each type in the global UV LED Lamps Market report.
With the intense competition present in the UV LED Lamps Market, the customer should be well informed of the competition and what is to be faced ahead.Some of the key players covered in the UV LED Lamps Market report include:PhilipsLGHonle GroupNordson CorporationSemiLEDs CorporationHalma PlcHeraeus Holding GmbHCrystal IS Inc.Seoul ViosysNichia CorporationApart from this, the report also covers the rest of the UV LED Lamps Market analysis such as market analysis, downstream customers, consumption, sales, price, and gross margin.
Research Nester published a report titled “Reinforcement Learning Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global reinforcement learning market in terms of market segmentation by end user, deployment, enterprise size, and by region.The reinforcement learning market is estimated to occupy a large revenue by growing at a CAGR of ~44% during the forecast period, i.e., 2022 – 2030, owing to the escalating adoption of AI and machine learning systems, rising number of application areas of reinforcement learning, and growing implementation of ML based solutions in companies across the world.
Apart from these, increasing demand to find best method to achieve a set of objectives among organizations is also expected to drive market growth.The global reinforcement learning market is segmented by end user, deployment and enterprise size.
Based on end user, the BFSI segment is anticipated to grab the largest market share during the forecast period on the back of increasing amount of data generated in this industry.
Additionally, on the basis of deployment, the cloud segment is projected to gather the largest share over the forecast period ascribing to the exceptional advantages offered by cloud to organizations such as flexibility and improved disaster recovery.Geographically, the market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.
North America region is evaluated to grab the largest share in the market during the forecast period attributing to the increasing number of R activities in reinforcement learning and presence of major market players.
Moreover, the market in Asia Pacific is assessed to grow by the highest rate in the future owing to the growing awareness about business productivity and rising AI adoption in the region.Get Access for Sample Copy Of This Strategic Report: https://www.researchnester.com/sample-request-3223Increasing Adoption of AI and ML Techniques to Drive Market GrowthAs the amount of data in the world continues to grow, businesses are emphasizing more on the incorporation of artificial intelligence and machine learning methods to reduce costs and extract more value from their data.
Latest Over-the-Top (OTT) Services Market Report published by value market research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2020-2026 along with strategic development of the key player with their market share.
Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Over-the-Top (OTT) Services market include Amazon Web Services (AWS), Netflix, Hulu, LLC, Google LLC, Apple Inc., Facebook, Telestra, Rakuten Inc., Microsoft Corporation, and Tencent Holdings Ltd.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Over-the-Top (OTT) Services Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/over-the-top-ott-services-market/download-sampleMarket DynamicsOver-the-top (OTT) services are reaching exponential levels of growth due to rising demand of high speed connectivity with good service delivery.
The implementation of AI in over the top services helps them to improve customer experience by analyzing their video preferences and making suggestions.
This will have a positive impact on the overall market growth.
