Industry Background:
Digital broadcasting includes the use of digital signals rather than analog signals for broadcasting over radio frequency bands. Digital television broadcasting (particularly satellite television) is common. Digital audio broadcasting is being accepted slowly for radio broadcasting, where it is mostly used in Satellite radio. Video and television delivery platforms are gradually becoming multifaceted, as viewing preferences shift towards on-demand content using multiple devices. The expansion of the Internet and other digital infrastructure is leading to the growth of online video platforms, which is in turn influencing the viewing patterns of consumers around the world. With the growing consumers' shift towards HD video content, a rising population of enthusiastic subscribers is likely to drive the growth of the global digital broadcasting market growth over the near future.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | A&E Television Networks, LLC (United States), AT & T, Inc. (United States), The British Broadcasting Corporation (United Kingdom), Canal Plus Group SA (France), Viacom International, Inc. (United States), Channel Four Television Corporation (United Kingdom), Twenty-First Century Fox, Inc. (United States), Comcast Corporation (United States), The Canadian Broadcasting Corporation (Canada) and RTL Group. (Luxembourg) |
This growth is primarily driven by Digital Television Transition Happening in Many Countries, The Growing Popularity of Internet TV and Increasing Penetration of Smartphones and High use of the Internet Among People.
Globally, a noticeable market trend is evident Expensive Growth of the IPTV, OTT & Mobile TV Audiences in Many Countries Around the Globe The Broadcasting & Cable TV sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as A&E Television Networks, LLC (United States), AT & T, Inc. (United States), The British Broadcasting Corporation (United Kingdom), Canal Plus Group SA (France), Viacom International, Inc. (United States), Channel Four Television Corporation (United Kingdom), Twenty-First Century Fox, Inc. (United States), Comcast Corporation (United States), The Canadian Broadcasting Corporation (Canada) and RTL Group. (Luxembourg), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. In the broadcasting sector, encoders have become a need for maintaining precision, accuracy, and control. They transform an active input signal into a coded output signal using combinational logic circuits
Key Developments in the Market:
24th June 2021 – A+E Networks®, a global media content company, has acquired a 35% stake in Newen’s majority-owned subsidiary, Reel One. This investment will position Reel One to accelerate its growth in production and distribution in North America, expand opportunities to produce more TV content and explore other areas of collaboration.
March 23, 2023 – The leading television stations serving the Rochester television market today began broadcasting with NextGen TV, a revolutionary new digital broadcast technology. Today’s launch includes WHAM-TV (ABC), WROC-TV (CBS), WUHF (Fox), and WXXI-TV (PBS).
Regulatory Insights:
Around the globe, many countries have switched from analog to digital broadcasting. For instance, in The United States, on June 12, 2009, The Federal Communications Commission (FCC) mandated that all United States-based television signals must be transmitted digitally. The great majority of United States households were prepared for the digital transition in the week prior to the power turn-off. In the country, most homes have acquired a digital converter box to make their television ready for the change.
Influencing Trend:
Expensive Growth of the IPTV, OTT & Mobile TV Audiences in Many Countries Around the Globe
Market Growth Drivers:
Digital Television Transition Happening in Many Countries, The Growing Popularity of Internet TV and Increasing Penetration of Smartphones and High use of the Internet Among People
Challenges:
Stiff Competition in the Digital Broadcasting Market
Restraints:
Strict Video/Audio Content Regulations in Many Countries Around the Globe
Opportunities:
Growing Opportunities in Untapped Markets and Technological Advancements in Digital Broadcasting
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Digital Broadcasting Market
- Analysis about New Entrants in Digital Broadcasting Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Digital Broadcasting Study Sheds Light on
The Digital Broadcasting Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Digital Broadcasting industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Digital Broadcasting industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.