Global IPTV (Internet Protocol Television) Market to Grow at 14.5% During 2023-2028, Supported by Favorable Government Policies

July 09, 2021 | Technology & Media

According to the latest report by IMARC Group, titled “IPTV (Internet Protocol Television) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global IPTV (internet protocol television) market reached a value of US$ 71.6 Billion in 2022. The internet-based protocol television (IPTV) helps transmit videos and television programs via the internet. It primarily relies on Real-Time Streaming Protocol (RTSP), IP multicasting with Internet Group Management Protocol (IGMP), Real-Time Messaging Protocol (RTMP) and Hypertext Transfer Protocol (HTTP) for live broadcasts and on-demand programs. It offers network operators relatively more control over the video traffic and allows regular quality checks of the service. Besides this, it also enables viewers to create a custom list of channels in high-definition (HD) quality.

Global IPTV (Internet Protocol Television) Market Trends:

The burgeoning electronics sector, in confluence with the improving broadband infrastructure, represents one of the key factors impelling the growth of the market. Moreover, the increasing adoption rates of HD channels, hybrid IPTV services and video-on-demand (VOD) services are positively influencing the sales of IPTV across the globe. The introduction of favorable policies, including the digitization of television and Direct-to-Home (DTH) services, by governing agencies on several countries is offering lucrative growth opportunities to leading market players. Additionally, considerable developments in the internet setup and improving internet connectivity in the residential and commercial sectors are strengthening the growth of the market. Some of the other factors impelling the market growth include inflating income levels, rapid urbanization and the escalating demand for IPTV that support video calls and online conferencing. Looking forward, the market is expected to grow at a CAGR of 14.5% during 2023-2028.

Market Summary:

On the basis of the subscription type, the market has been bifurcated into subscription-based and subscription-free IPTV.
Based on the transmission type, the market has been divided into wired and wireless.
The market has been analyzed on the basis of the device type into smartphones and tablets, smart TVs, PCs and others.
On the basis of the streaming type, the market has been segmented into video and non-video IPTV.
Based on the service type, the market has been segregated into in-house and managed services.
The market has been analyzed on the basis of the end user into the residential and enterprises.
Region-wise, the market has been divided into North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
The competitive landscape of the market has been examined, with some of the key players being AT&T, Bharti Airtel Limited, Akamai Technologies, Verizon Communications, Orange S.A., Ericsson, CenturyLink, Deutsche Telekom, MatrixStream Technologies Inc., Arris International, Sterlite Technologies, Cisco Systems, Broadcom Corporation, Telefónica, Foxtel, Huawei Technologies Co., Ltd., Nectro IPTV, Amino Technologies, PCCW and Chunghwa Telecom.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Subscription Type, Transmission Type, Device Type, Streaming Type, Service Type, End-User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	AT&T, Bharti Airtel Limited, Akamai Technologies, Verizon Communications, Orange S.A., Ericsson, CenturyLink, Deutsche Telekom, MatrixStream Technologies Inc., Arris International, Sterlite Technologies, Cisco Systems, Broadcom Corporation, Telefónica, Foxtel, Huawei Technologies Co., Ltd., Nectro IPTV, Amino Technologies, PCCW and Chunghwa Telecom
Customization Scope	10% Free Customization
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Global IPTV (Internet Protocol Television) Market to Grow at 14.5% During 2023-2028, Supported by Favorable Government Policies

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