The North America Free-to-air (FTA) Service Market would witness market growth of 9.6% CAGR during the forecast period (2023-2030).
Using FTA TV channels in shopping centers and neighborhood shops is a commercial use of the market for free-to-air services. However, it may be an excellent choice for reaching a broad target audience and promoting their goods and services. Using FTA services for commercial purposes is a complex problem that differs from country to country. Therefore, such outstanding advantages of FTA service in the commercial sector would contribute to its high demand and ultimately lead to a number of chances for market growth.
Several businesses are integrating cutting-edge and creative solutions and offering improved content quality to promote cultural variety and draw in a sizeable online streaming client base. For instance, in March 2022, LG and Curiosity, the firm that manages Curiosity Stream, unveiled Curiosity Now, a streaming service that is free but sponsored by advertisements. Newer models can broadcast a collection of original and carefully chosen documentaries, programs, and series about history, nature, travel, science, and more because of the new channel.
In the United States, many individuals use a digital media player (DMP), also known as an OTT device, to stream material to their TV from the numerous online streaming services (e.g., Netflix, Hulu, Amazon Prime), in place of pay-tv cable or satellite services. DMPs offer a low-cost, simple-to-use, and quickly installed way to watch video on television. In the US, 107 million households had a DMP in 2018, which is 39% more than the previous year. All these factors will help strengthen the demand in North America.
The US market dominated the North America Free-to-air (FTA) Service Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $62,777.3 Million by 2030. The Canada market is registering a CAGR of 12.1% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 11.1% during (2023 - 2030).
Based on Application, the market is segmented into Residential, and Commercial. Based on Device Type, the market is segmented into Cable Television, Satellite Television, Mobile TV, and Radio. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Free-to-air (FTA) Service Market is Projected to reach USD 258.3 Billion by 2030, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eutelsat S.A., AMC Networks, Inc., BT Group plc, RTL Group S.A. (SpotX, Inc.), Deutsche Telekom AG, Comcast Corporation (Sky plc), ITV plc, Sony Corporation and DEN Networks Ltd.
By Application
By Device Type
By Country
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