Global Television Network Market Report 2022
New York, March 08, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Television Network Global Market Report 2022” – https://www.reportlinker.com/p06243818/?utm_source=GNW
The global TV network market is expected to grow from $135.61 billion in 2021 to $145.31 billion in 2022 at a compound annual growth rate (CAGR) of 7.2%. 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 is expected to reach $182.76 billion in 2026 with a CAGR of 5.9%.
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 main types of services in television networks are direct broadcast satellite (DBS) services, master antenna satellite system (SMATV) services, multipoint distribution system (MDS) services, closed-circuit television, subscription channel services, cable and other payment services. .DBS refers to satellite television broadcasts specific to home reception.
It covers analogue and digital TV and radio reception and extends to other services provided by modern iTV systems, for example, video on demand and interactive features. The different revenue models include subscription, advertising and involve various broadcast services such as public, commercial.
Western Europe was the largest region in the TV network market in 2021. Eastern Europe is expected to be the fastest growing region during the forecast period. Regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The introduction of new digital and high definition (HD) channels has transformed television network 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 analogue 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 subscription cost of 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 substantial 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, broadband connection and the cost of a box digital multimedia, among others. The high costs of high-definition services are therefore calling into question the growth of this market.
The emergence of the two-way cable television system provided cable operators with the opportunity 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 system centers.
By using two-way cable television systems, subscribers with personal computers can connect to the computer network. This system allows subscribers to access 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.
In May 2019, Comcast announced that it had completed the acquisition of Deep Blue Communications, a Latham, New York-based industry leader in the engineering, installation and management of Wi-Fi networks. -Fi shopping. 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.
The countries covered in the TV Network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06243818/?utm_source=GNW
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