DBS, SMATV, MDS, CCTV circuits, subscription channel services, and cable services and other paid services
DUBLIN, June 18, 2021 /PRNewswire/ — “Television Network Global Market Report 2021: COVID-19 Impact and Recovery to 2030” has been added to from ResearchAndMarkets.com offer.
The global TV network market is expected to grow from $106.4 billion in 2020 for $115.16 billion in 2021 at a compound annual growth rate (CAGR) of 8.2%.
The Global Television Networks Market Report 2021: Impact and Recovery from COVID-19 to 2030 provides strategists, marketers, and senior management with the critical information they need to assess the global product market television network emerging from the COVID-19 shutdown.
Major players in the TV network market are Cox Enterprises Inc., Time Warner Cable Inc., Comcast Corporation, ESPN, CNN, Viacom Inc., Vivindi SA, Liberty Media Corp. and Discovery Inc.
The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market should reach $149.78 billion in 2025 at a CAGR of 7%.
The television network market includes revenue generated by establishments primarily engaged in producing programming material that is usually delivered to a third party, such as cable television systems or direct-to-home satellite systems, for transmission to viewers.
The introduction of new digital and high definition (HD) channels has transformed network television services in recent times. Currently, more and more TV stations and networks have started broadcasting in high definition. The networks not only gained a large number of viewers but also earned advertising money as more people watch the commercials due to the high definition quality.
The increase in demand for HD channels has motivated the migration from analog to digital broadcasting, as digital technology provides enhanced user experience. Innovative TV network technologies relate to personalized technology, on-demand viewer experience, individualized content distribution, and binge watching, which in turn are expected to drive this market.
The high cost of subscription to HD (high definition) channels is hampering the growth of the television network market. HD channels have higher prices than SD channels. To view high definition television broadcasts, not only does a person need a television capable of displaying high definition video, but they also need an available source to deliver the content.
All this involves significant costs. There is usually an additional cost for the HD decoder in addition to the cost of a normal package, the cost of cable TV, satellite TV channel packages and broadband connection, and the cost of a digital media box, among others. The high costs associated with high definition services therefore call into question the growth of this market.
The TV Network market covered in this report is segmented by service into Direct Broadcast Satellite (DBS) Services, Master Antenna Satellite System (SMATV) Services, Multipoint Distribution System (MDS) Services, Circuits of closed circuit television, subscription channel services, cable and other pay services.
The emergence of the two-way cable television system provided cable operators with the ability to reach a large customer base. More and more cable operators are offering two-way channel capability that allows customers to communicate/interact with programming facilities or information centers within the system. By using two-way cable television systems, subscribers with personal computers can connect to the computer network.
This system provides subscribers with access to databases and allows them to interact with other online users. They can participate in opinion polls or consult various types of written and graphic documents. The two-way cable television system therefore offers several growth opportunities for the cable television network system players.
On May 1, 2019Comcast announced that it has completed the acquisition of Deep Blue Communications – a Latham, NYindustry leader in the engineering, installation and management of commercial Wi-Fi networks. Terms of the acquisition were not disclosed. The acquisition enables Comcast to combine the power and reliability of its advanced networking solutions with intelligent, managed WiFi that creates greater efficiency for businesses and differentiated experiences for customers. The company will operate as a wholly owned subsidiary of Comcast Cable under the Deep Blue Communications brand.
Main topics covered:
2. Characteristics of the television network market
3. Television Network Market Trends and Strategies
4. Impact of COVID-19 on the television network
5. TV Network Market Size and Growth
5.1. Global Network Television Historic Market, 2015-2020, USD Billion
5.2. Global TV Network Forecast Market, 2020-2025F, 2030F, Billion USD
6. Television Network Market Segmentation
6.1. Global TV Network Market, Segmentation by Service, History and Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion
- Direct Broadcast Satellite Services (DBS)
- Satellite Master Antenna System Services (SMATV)
- Multipoint Distribution System (MDS) Services
- CCTV Circuits
- Subscription Channel Services
- Cable and other paid services
7. Regional and Country Analysis of Television Network Market
7.1. Global TV Network Market, Split by Region, Historical & Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion
7.2. Global TV Network Market, Split by Country, Historical & Forecast, 2015-2020, 2020-2025F, 2030F, USD Billion
- Cox Enterprises Inc.
- Time Warner Cable Inc.
- Comcast Company
- Viacom inc.
- Vivindi SA
- Freedom Media Corp.
- Discovery Inc.
For more information about this report visit https://www.researchandmarkets.com/r/jx2ked
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