It feels surreal, but we have entered Q4 of 2021. As we are nearing the end of the year, it’s the right time to do the latest IPTV market overview. To briefly reflect on the past 5-year period – the IPTV market has shown solid and constant growth. Expert analysis now gives us insight into what is expected to come in the next 5 years. The latest report by Research and Markets gives insight into the key industry players, global market growth, and individual market opportunities.
The technology and electronics industry on a global scale is bigger than ever. The broadband infrastructure is in a strong position across the globe. As a result, this drives the growth of the IPTV market as well. With fast connections come higher-quality streams. All of this creates the perfect foundation for the IPTV market to grow in the next five-year period. Between 2021 – 2026 the market is expected to grow at a CAGR of 17%.
Regional IPTV Market Overview
The aforementioned report delves deeper into the market breakdown by region. It gives detailed insight into the latest trends and the size of the following regions:
- Asia Pacific
- North America
- The Middle East and Africa
- Latin America
To sum up, Europe and North America are still top-performing markets. But both Asia Pacific and Africa are showing fast growth. Therefore, we can soon expect changes in terms of the key markets.
This brings us to the greatest news in this IPTV Market Overview. Yet again, MatrixStream has been named as a top player in this competitive market. The report provides a full market landscape analysis with other key companies such as AT&T, Verizon, Deutsche Telekom, and Huawei Technologies Co mentioned.
Do you feel it’s time you kick-started your IPTV business? Do you want an industry pioneer and one of the key players in the business to help you along the way? Contact us today and get a bespoke quote for your requirements.