MatrixStream is featured in the new research report titled “IPTV Market 2022 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook”.
The global IPTV market is estimated to account for US$269.9 Bn in 2027, expanding at a CAGR of 8.6% from 2019 to 2027. The increasing trend of cord-cutting among consumers and the growing demand for high-quality video content are expected to drive the growth of the global IPTV market. In addition, the increasing adoption of broadband services and the availability of high-speed internet are expected to fuel the growth of the IPTV market. However, issues related to content piracy and quality are expected to restrain the growth of the global IPTV market during the forecast period.
The report segments the global IPTV market on basis of content, application, and region. On the basis of content, the global IPTV market is segmented into live TV, video on demand (VoD), and time-shifted TV. The VoD segment holds a dominant position in the global IPTV market and is expected to expand at a CAGR of 9.6% during the forecast period. On the basis of application, the global IPTV market is segmented into residential and commercial. The residential segment is expected to expand at a CAGR of 8.7% during the forecast period on account of the growing demand for VoD content among consumers.
In terms of region, the global IPTV market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold a dominant position in the global IPTV market on account of the presence of key players in the region and the increasing adoption of broadband services. Whereas, Asia Pacific is expected to be the fastest growing region in the global IPTV market, expanding at a CAGR of 10.2% during the forecast period on account of the growing demand for high-speed internet and the increasing adoption of broadband services in the region.
Some of the major players operating in the global IPTV market are MatrixStream Technologies, AT&T Inc., Verizon Communications Inc., China Telecom Corporation Limited, Comcast Corporation, Deutsche Telekom AG, British Telecommunications plc, Liberty Global plc, Nippon Telegraph and Telephone Corporation, and China Unicom.
The global IPTV market is highly competitive with the presence of a large number of players. Key players in the market are focused on expanding their product portfolio and launching new products to cater to the increasing demand for IPTV services. For instance, in October 2018, AT&T launched AT&T WatchTV, a new streaming service that offers more than 30 live channels and over 15,000 on-demand shows and movies for US$15 per month. Furthermore, key players in the market are focused on expanding their geographical presence to gain a competitive edge in the global IPTV market. For instance, in September 2018, Deutsche Telekom expanded its Magenta TV service to Croatia.
MatrixStream offers a complete end-to-end cloud IPTV streaming solution featuring an all-inclusive IPTV middleware dashboard, all the streaming servers running the IPTV backend, a built-in DRM system for end-to-end content protection, and white-labeled custom iOS and Android video app players. The company also provides a turnkey solution that helps service providers quickly and easily launch their own branded IPTV/OTT service.
MatrixStream offers a broad portfolio of IPTV set-top boxes (STBs) that bring the highest quality viewing experience to consumers, whether delivered over broadband, managed network, or hybrid fiber/coaxial (HFC) networks. The company’s STBs are used by service providers worldwide to offer their subscribers TV services including linear/live TV, Video on Demand (VoD), HDTV, and interactive applications.
Please contact MatrixStream today to see how we can help you get your IPTV system started.