MatrixStream and the Global Cloud TV market grew in the IPTV Industry
The global cloud TV market grew by 10.5% in 2017, according to a new report from MarketsandMarkets. This growth was largely due to the increasing demand for over-the-top (OTT) services and the growing popularity of connected TVs.
North America was the largest region for the global cloud TV market in 2017, accounting for 38% of the total market. Europe was the second-largest region, accounting for 27% of the market. Asia Pacific was the fastest-growing region, with a CAGR of 18.4% from 2017 to 2022.
The cloud TV market is expected to grow at a CAGR of 15.1% from 2017 to 2022, reaching a value of $28.3 billion by 2022. The key drivers of this growth are the increasing demand for OTT services, the growing popularity of connected TVs, and the development of 5G networks.
Here is the news article featured on Yahoo Finance.
MatrixStream is a leading provider of IPTV software and services. The company’s solutions are helping to drive growth in the IPTV market and provide businesses with powerful tools for delivering streaming video content. MatrixStream is positioned at the forefront of this industry with its cutting-edge solutions that are helping businesses to capitalize on the opportunity presented by IPTV.
OTT IPTV is the perfect solution for those who are looking for a global cloud TV experience. It offers an extensive selection of streaming content, such as movies, television shows, and other video programming. OTT IPTV also provides access to catch-up services and on-demand content from around the world.
MatrixStream and the global cloud tv are two of the most popular OTT IPTV providers. MatrixStream offers a free trial and access to hundreds of HD channels. They also provide their subscribers with pay-per-view movies, live events, video on demand, and more. The global cloud tv provides access to over 160+ TV channels from around the world in HD quality. It also has exclusive content like TV series, movies, and documentaries for an enhanced viewing experience.
OTT IPTV is growing in popularity due to its many advantages. It offers access to a wide selection of streaming content at any time. Additionally, it has the added benefit of being affordable and easy to use.
If you are interested in learning more about MatrixStream and our solutions, please visit our website or contact us today. We would be happy to discuss how we can help your business to grow in the IPTV market. Thank you for reading!