The value of the cloud TV market was USD 1.96 billion in 2020 and is expected to reach USD 3.31 billion in 2026, with an average annual growth of 9% over the forecast period 2021-2027. Cloud TV is essentially a cloud-based application that streams TV channels, movies, shows, music, and many other contents. Cloud TV applications are easily installed on personal electronic devices and do not require a lot of memory. The main driver of the global Cloud TV market is the ability of Cloud TV to provide HD capabilities for internet browsing, email, online gaming, and support popular social networking platforms such as Skype, Twitter, and Facebook. In addition, high demand for HD resolution in content consumption is expected to drive the market growth. Another important factor driving the growth of the global cloud TV market is the pre-installation of Cloud TV apps on smart TV sets to promote adoption.
A full report of Cloud Television (TV) Market available at: https://www.orionmarketreports.com/cloud-television-tv-market/50101/
Major players analyzed include Altice USA, Brightcove Inc., Charter Communications, Liberty Global plc, Ooyala Inc., Phonix Satellite Television Holdings Ltd, PCCW Limited, TalkTalk TV Entertainment Limited, xfinity, and Ziggo B.V.
Cloud Television (TV) Market- Segmentation
By Deployment
• Public Cloud
• Private Cloud
• Hybrid Cloud
By Service
• Software as a Service (SaaS)
• Infrastructure as a Service (IaaS)
• Platform as a Service (PaaS)
By Applications
• Telecom
• Entertainment and Media
• Information Technology
• Consumer Television
• Other Applications
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
