Published Date: 29-Feb-2020
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According to a new report Global Over-the-Air (OTA) Transmission Platform Market, published by KBV Research, The Global Over-the-Air (OTA) Transmission Platform Market size is expected to reach $124.3 Million by 2025, rising at a market growth of 4.5% CAGR during the forecast period.
By component, the platform segment acquired the dominant market share in 2018 and is projected to retain its dominance during the forecast period. The growth of this segment is mainly due to an increase in smartphone penetration. Furthermore, the increased prevalence of online streaming devices is driving the adoption of the Over-the-Air (OTA) Transmission Platform. In addition, the services segment is projected to have the highest growth rate during the forecast period.
In the platform segment, the radio segment was dominant in the global Over-the-Air (OTA) Transmission Platform market during 2018 and is projected to record highest revenue growth over the forecast period. The expansion of this segment is mainly attributed to the increased government intervention in the digitization of radio signals, and broadcasting is driving the growth of the OTA transmission industry. On the counter, the smartphone segment is expected to achieve the highest growth rate during the forecast period.
By country, North America dominated the global market for Over-the-Air (OTA) Transmission Platforms in 2018 and is anticipated to stay dominant over the forecast period due to the existence of significant market players and ongoing innovations in Over-the-Air (OTA) Transmission Platforms. Increased government participation in the digitalization of television broadcasting and radio signals is also the key factor expected to drive market growth in the region in the coming years. On the other hand, the Asia-Pacific region is expected to rise at the highest growth rate in the coming years.
Structural Insights: https://www.kbvresearch.com/over-the-air-transmission-platform-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of LG Corporation (LG Electronics), Gemalto N.V. (Thales Group S.A.), Sinclair Broadcast Group, Inc., SK Telecom Co., Ltd., Dish Network Corporation (AirTV L.L.C.), Channel Master LLC, TiVo Corporation, Nuvyyo, Inc. (Tablo TV), GatesAir, Inc., and Harmonic, Inc.
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