Amazon, Comcast, and DIRECTV are three key vendors highlighted in a new Technavio report
LONDON — (BUSINESS WIRE) — October 5, 2015 — Technavio has published a new report on the global digital video content market, which is expected to grow at a CAGR exceeding 15% from 2015-2019.
Digital video content market segmentation including distribution and geography
Technavioβs report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different types of distribution, including digital cable TV, IPTV, online videos, and VOD and OTT streaming.
Additionally, analysts have segmented market projections by key geography, focusing on the Americas, the APAC, and the EMEA region.
βThe TV subscription operators providing digital cable TV to customers worldwide has outnumbered the number of analog TV subscribers. Moreover, digitization has been mandated in countries such as Brazil, India, Malaysia, and Mexico, which will drive the demand for digital TV subscriptions. Thus, the increasing demand for digital TV is contributing to the growth of the global digital video content market during the forecast period,β says Faisal Ghaus, Vice President of Technavio.
Digital video content: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the global digital video content market from 2015-2019. The report includes the digital video content in the digital cable TV, IPTV, online video, and VOD segments. The market size has been calculated on the basis of the revenue generated from the above segments.
Industry analysis includes:
Market Growth Drivers:
- High viewer control over content
- Rise in online video consumption
- Intense competition
- Lack of broadband infrastructure
- Increased demand for digital TV
- Increase in demand for IPTV-based converged services
View the global digital video content market report.
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