The Television Network Global Market Report 2023 by The Business Research Company, provides television network market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Television Network Global Market Report 2023, the global television network market size will grow from $147.13 billion in 2022 to $155.82 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global television network is expected to grow to $189.42 billion in 2027 at a CAGR of 5.0%.
The introduction of new digital and high definition (HD) channels has transformed television network services in recent times. Currently, more and more television stations and networks have started to broadcast in high definition. The networks not only have gained a large number of viewers but have also made advertising money as an increased number of people are noted to watch the commercials due to the high definition quality. The increase in the demand for HD channels has motivated the migration from analog to digital broadcasting as digital technology provides an enhanced user experience. The innovative technologies in television networks are about personalized technology, on-demand viewer experience, individualized content distribution, and binge-watching, which in turn are expected to drive the television network market.
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The television network market is segmented:
1) By Service: Direct Broadcast Satellite Services (DBS), Satellite Master Antenna Systems Services (SMATV), Multipoint Distribution System Services (MDS), Closed Circuit Television Cicuits, Subscription Channel Services, Cable and Other Pay Services
2) By Revenue Model: Subscription, Advertisement
3) By Broadcaster Services: Public, Commercial
The emergence of the two-way cable television system has provided cable operators with an opportunity to reach a wide customer base. More and more cable operators are offering two-way channel capability that allows customers to communicate/interact with programming facilities or information centers within the system. Using the two-way cable television systems, the subscribers with home computers can link up with the computer network. This system provides subscribers access to data banks and permits them to interact with other online users. They can participate in public-opinion polls or call up various kinds of written and graphic materials. The two-way cable television system is therefore providing several growth opportunities for the players in the cable television network system.
The television network market report table of contents includes:
1. Executive Summary
2. Television Network Market Characteristics
3. Television Network Market Trends And Strategies
4. Impact Of COVID-19 On Television Network
5. Television Network Market Size And Growth
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26. Africa Television Network Market
27. Television Network Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Television Network Market
29. Television Network Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Cox Enterprises Inc
- Time Warner Cable Inc
- Comcast Corporation
- ESPN, CNN
- Viacom Inc
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