Published Date: 31-Oct-2022
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According to a new report, published by KBV research, The Global Cloud TV Market size is expected to reach $4.9 billion by 2028, rising at a market growth of 20.3% CAGR during the forecast period.
The Public Cloud market acquired maximum revenue in the Global Cloud TV Market by Deployment Type 2021; thereby, achieving a market value of $3.2 billion by 2028. The term "public cloud" describes the cloud computing architecture where resources are shared among many users online. It is a common concept that lets service providers offer access to items like applications and storage that are accessible to the general public online.
The Small & Medium-sized Enterprises market is exhibiting a CAGR of 22.5% during (2022 - 2028). To provide a simplified cloud TV platform from planning to delivery of personalized content, deployment, and execution of online video services, and incorporation of the growth for clients launching large-scale cloud TV services, integrated solutions can make use of the power of cloud computing platforms like AWS, Google Cloud, and Microsoft Azure.
The Mobile Phones & Connected TVs market is generating high revenue in the Global Cloud TV Market by Device Type 2021, thereby, achieving a market value of $3.0 billion by 2028. it is because Connected TV (CTV) is a device that connects to or is incorporated within television to facilitate the streaming of video content. CTVs include Xbox, Roku, PlayStation, Amazon Fire TV, and Apple TV, among others.
The Media Organizations & Broadcasters market is showcasing a CAGR of 22% during (2022 - 2028). The media and broadcasting industries are enormous and diverse. It includes, among other things, publishing, cinema, music, and social media, as well as the dissemination of audio and video information. However, a recurring theme in all media and broadcasting sectors is the increasing significance of online video content.
The North America market dominated the Global Cloud TV Market by Region 2021; thereby, achieving a market value of $1.7 billion by 2028. The Europe market is poised to grow at CAGR of 19.9% during (2022 - 2028). Additionally, The Asia Pacific market would witness CAGR of 21.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/cloud-tv-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 Hasbro, Inc., Mattel, Inc., LEGO Group (KIRKBI A/S), VTech Holdings Limited, ROYBI, Pillar Learning, Ubtech Robotics Corp. Ltd., PlayShifu, Sphero, Inc. and Mainbot SAS
By Deployment Type
By Organization Size
By Device Type
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