Rising demand for application-based services and increasing internet usage to propel the growth of the Europe IPTV market
According to Tech Sci Research report, “Europe IPTV Market By Device Type, By Transmission Method, By Offering, By End User, By Region, Competition, Forecast & Opportunities, 2025”, the Europe IPTV market is expected to grow significantly during the forecast period on account of favorable government rules which is making it easier for new IPTV market payers to venture into the market. Additionally, growing developments in internet infrastructure coupled with extensive internet connectivity in households are further supplementing the revenue growth of the market. However, the factors that might act as major impediments to the market growth over the coming years include competition from satellite TV and local cable TV because of reduced cost and lack of infrastructure for quality and jitter-free service.
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In terms of device type, the Europe IPTV market is fragmented into smartphones & tablets, smart TVs and PCs. Among them, the smartphones and tablets category dominated the market in terms of largest market share until 2019 on account of rising internet connectivity. Also, the market for smart TVs is estimated to witness the fastest growth over the coming years which can be accredited to increasing use of smart TVs in households owing to smart features it offers. AT&T Inc., Verizon Communications Inc., Deutsche Telekom, Orange SA, SK Telecom, Telefonica S.A etc. are some of the leading players operating in Europe IPTV market.
“The Europe IPTV market is anticipated to grow rapidly during the forecast period which is attributable to highest number of subscriptions in the region. In addition to this, early introduction and acceptance of the technology by the populace is responsible for the region’s dominance in IPTV market. Moreover, the additional services offered by IPTV service providers, such as interactive services along with pure-play IPTV services and multi-screen services is further anticipated to propel the demand for IPTVs in Europe through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
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“Europe IPTV Market By Device Type, By Transmission Method, By Offering, By End User, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe IPTV market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe IPTV market.
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