Global IPTV Market Set for Rapid Growth, To Reach Around USD 93.59 Billion by 202
Deerfield Beach, FL -- (SBWIRE) -- 06/09/2017 -- Zion Market Research has published a new report titled "IPTV Market for Advertising and Marketing, Media and Entertainment, Gaming, E-Commerce, Healthcare and Medical, Telecommunication & It and Others - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021" According to the report, global IPTV market was valued at around USD 34.67 billion in 2015 and is expected to reach USD 93.59 billion in 2021, growing at a CAGR of around 18.01% between 2016 and 2021.
Internet Protocol Television (IPTV) is the advancement in television with the latest broadcasting technology. IPTV delivers TV programs through the internet by streaming while normal TV programs use broadcast signals received from the satellite dish, rooftop antenna, fiber-optic cable etc. It provides multimedia services such as television, video, audio, text, graphics, data delivered and others via the IP-based network. IPTV is popular for secure, reliable delivery of programs and other services like recording, and data transfer among others.
Request For free Sample Report: https://goo.gl/dBZWBD
IPTV market is mainly driven by increasing demand for high-definition (HD) channels and video on demand. In addition, initiatives taken by a government to increase broadband penetration help to grow the market size during the forecast period. Another important factor that propels the market growth is decreasing a cost of IPTV services. Entry of new startups in this market is projected to intensify the competition, due to which the number of services provided by competitors increases and cost of a product decreases. An initiative taken by a government to increase broadband penetration is expected to grow the market in the years to come.
The IPTV market is segmented on the basis of different applications such as advertising and marketing, media and entertainment, gaming, e-commerce, healthcare and medical, telecommunication & it and others. Media & entertainment and gaming application segment together acquired the major share of the total market due to decreasing prices of IPTV subscription globally.
Request For Free Price Quotations https://goo.gl/pIiwC9
The IPTV market was dominated by Europe with over 38% share of the total market in 2013. Europe is followed by Asia Pacific and North America respectively owing to the increasing broadband penetration and decreasing prices of IPTV subscription in the region. However, Latin America and Middle East & Africa are also expected to exhibit significant growth over the forecast period.
Some of the key players in the market include the AT&T, Inc, Bharti Airtel Limited, CenturyLink, Inc., Deutsche Telecom, ARRIS Group, Inc., Cisco Systems, Inc, and Broadcom Corporation.
Browse detail report at http://www.marketresearchstore.com/report/iptv-market-z59822
About Zion Market Research
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
3422 SW 15 Street,Suite #8138
Deerfield Beach, Florida 33442
Toll Free: 855-465-4651 (USA-CANADA)
Visit Our Blog: https://marketresearchstore2017.wordpress.com