According to TechSci Research, Global documentary television market is expected to grow at a steady rate during the forecast period. The global documentary television market is driven by the changing consumer preferences and developing individual interest in documentaries. Additionally, change in the design and idea behind documentary production to contemporary and real time events by the production houses is further expected to fuel the market growth through 2027.
Furthermore, technological advancements and use of effects & animations and other advanced features in documentary production are expected to create lucrative opportunities for market growth during the forecast period. Also, the outbreak of pandemic COVID-19 has led to the increase in the number of viewers watching different documentaries around the globe thereby positively impacting market growth. However, adhering to the broadcasting regulations especially pertaining to the content being shown in the documentary can hamper the market growth over the next few years. Additionally, periodic change in consumer behavior and interests can further restrict the market growth during the forecast period.
The global documentary television market is segmented based on content area, type, viewer age group, company, and region. Based on viewer age group, the market can be categorized into 4 – 14 years, 15 – 25 years, 26 – 36 years, 37 – 47 years and above 48 years. The 15-25 years segment is expected to dominate the market owing to the increasing interests of the youth in watching documentaries. Additionally, changing subjects of the documentaries to political, social, and real time events further drives the segmental growth.
Regionally, the documentary television market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia Pacific is expected to witness significant growth in the overall documentary television market owing to the increasing awareness and interests of the people in documentaries, especially the youth.
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The major players operating in the documentary television market are Time Warner Inc., Discovery Communications Inc., British Broadcasting Corporation (BBC), Turkish Radio and Television Corporation (TRT), Al Jazeera Media Network, Australian Broadcasting Corporation (ABC), AMC Networks Inc., News Corporation, France 24, CBS Corporation and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of global documentary television market from 2017 to 2020.
- To estimate and forecast the market size of global documentary television market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast global documentary television market based on content area, type, viewer age group, company, and regional distribution.
- To identify dominant region or segment in the global documentary television market.
- To identify drivers and challenges for global documentary television market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global documentary television market.
- To identify and analyze the profile of leading players operating in global documentary television market.
- To identify key sustainable strategies adopted by market players in global documentary television market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global documentary television market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
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Key Target Audience:
- Documentary television service provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to documentary television
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global documentary television market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Documentary Television Market, By Content Area:
- Wildlife
- Sports
- Social
- Political
- Entertainment
- Others
- Global Documentary Television Market, By Type:
- Poetic
- Expository
- Observational
- Participatory
- Reflexive
- Performative
- Others
- Global Documentary Television Market, By Viewer Age Group:
- 4 – 14 years
- 15 – 25 years
- 26 – 36 years
- 37 – 47 years
- Above 48 years
- Global Documentary Television Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
- South America
- Brazil
- Argentina
- Colombia
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global documentary television market.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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