Global Television Station Market Size, Drivers, Trends, Opportunities And Strategies – Includes Television Station Market Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Increasing demand for high-definition content and advertisement are expected to drive innovation in television station manufacturing, thus driving the market during the forecast period.
The global television station market is expected to grow from $123.99 billion in 2022 to $131.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The global television station market size is expected to grow to $163.76 billion in 2027 at a CAGR of 5.5%.
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Global Television Station Market Segments Include:
- By Broadcaster Type: Public, Commercial
- By Platform: Digital Terrestrial Broadcast, Satellite Broadcast, Cable Television Broadcasting Services, Internet Protocol Television (IPTV), Over-the-top Television (OTT)
- By Revenue Model: Subscription, Pay-per View, On Demand, Advertisement
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global television station market in 2021.
Major Market Players in the television station market include A&E Television Networks, AT & T, Inc., British Broadcasting Corporation, CBS Interactive, Comcast Corporation, Channel Four Television Corporation.
The emergence of newer technologies is a key trend in the television station market. ATSC 3.0 is the latest edition of the Advanced Television Systems Committee Guidelines, which specifies precisely how TV signals are transmitted and interpreted. ATSC 3.0’s key benefit is picture quality, including high dynamic range (HDR), wide color gamut (WCG), and high frame rate (HFR). In addition to the image and audio enhancements, ATSC 3.0 also helps you to watch video transmitted on handheld devices such as phones and tablets as well as in cars. Samsung revealed it would support ATSC 3.0 in 13 of its 8 K TVs in 2020, while LG will follow the standard in six of its OLED sets. In 2020, a company called BitRouter has developed an ATSC 3.0 set-top box that can connect to TVs via HDMI.
The Television Station Global Market Report 2023 provides a television station market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The television station market forecast analyzes television station market size, television station market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
A television station refers to a kind of broadcast station that sends audio and typically video to television receivers in a specific location.
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