MatrixStream is featured in the latest IPTV market research report along with AT&T, Arris Group, and CenturyLink.
Coherent Market Insights has published a new research report titled “IPTV Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities)”, size, share, and outlook. This research offers strategic recommendations based on industry experts’ consultations on market development, consumer demand, sales patterns, revenue forecasts, gross margins, and regional growth.
With the rise of over-the-top (OTT) services, IPTV is becoming more popular than ever. This service has been adopted by households across countries with rapid urbanization driving this growth, and it’s also easier for consumers who want to adopt it because they can do so through built-in setup boxes installed on their television sets from manufacturers like Sony or Panasonic . More players are stepping into markets providing systems hardware setup as well; one key factor contributing towards its success remains video on demand -or VOD-, which provides access anywhere you want viewing options including Netflix etc.
The US providers are leading VOD users, with Amazon Prime Video surpassing Netflix and YouTube. 72% of the Market Share is enough to prove that Americans love their streaming services! Additionally, 53 percent spend more than $11 monthly on these convenient video offerings ? an indication they’re willing members in our digital age.
The global IPTV market is expected to be valued at US$ 269.9 Billion by 2027, exhibiting a CAGR of 19.0% during the forecast period (2020-2027).
More details about this marketing research report can be found here.
MatrixStream is well positioned to offer the best end-to-end IPTV streaming solutions to any telco or enterprise company that wants to set up its own IPTV streaming platform. Please contact MatrixStream if you want more information on how MatrixStream IPTV solution can help you by offering high-quality end-to-end IPTV streaming services.