The report of Mobile TV Market by Application (Commercial, Personal), Service (Free to air service, Pay TV service), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ 18.8 Bn by 2027, at a CAGR of XX% during a forecast period.
The global Market for mobile TV is primarily driven by the growing adoption of video-on-demand services across the world. Factors like easy availability and accessibility of desired video content on numerous mobile TV platforms have compelled customers to prefer mobile TV over conventional TV.
The pay-tv services segment is expected to account for the largest XX% market share by 2027.
Pay-Tv services held the leading XX% share in the mobile TV market in 2017, accounting for more than half the worldwide market that year. The increasing demand for premium content like live sports, movies, and entertainment through video on demand (VoD) on local and regional channels has caused in the growth of the pay-TV service segment.
APAC region is projected to witness the fastest growth during the forecast period.
APAC is projected to register significant growth in the market during the forecast period. This can be attributed to the significant increase in smartphone penetration, a rise in investments in mobile networks, and surging mobile data subscriptions in Asia. The adoption of free to air service is growing among users in APAC thanks to the rising number of TV-enabled mobile handsets.
Key players operating in the Global Mobile TV Market are, AT&T, Comcast, Sky, SPB TV, Time Warner Cable, Verizon Communications, Bell Canada, Bharti Airtel, Charter Communications, Consolidated Communications, Cox Communications, Orange, Tata Sky, Asianet Satellite Communications, U.S. Cellular
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Mobile TV Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Mobile TV Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Mobile TV Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Mobile TV Market”
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The post Global Mobile TV Market size was US$ XX Bn in 2019 and is expected to reach US$ 18.8 Bn by 2027, at a CAGR of XX% during forecast period appeared first on MAXIMIZE MARKET RESEARCH.