According to a new report, published by KBV research, The Global FAST (Free Ad-Supported TV) Channels Market size is expected to reach $20.7 billion by 2030, rising at a market growth of 15.0% CAGR during the forecast period.
The Video on Demand segment would obtain a CAGR of 17.5% during (2023 - 2030). Increasing demand for VoD services has led to a rise in viewers favoring content tailored to their preferences. Recent technological advances and enhanced network speed enable video-on-demand service providers to stream high-definition content faster. In the near future, these elements are anticipated to propel video-on-demand (VOD) services.
The Movies segment is leading the Global FAST (Free Ad-Supported TV) Channels Market by Content Type in 2022; thereby, achieving a market value of $6.1 billion by 2030. In contrast to platforms that primarily offer user-generated content, like YouTube and Twitch, and from subscription-based ad-supported services, like Hulu and Netflix, FAST channels are accessible by consumers without a paid subscription. Such channels are funded solely by advertising and streaming traditional television programming and studio-produced movies.
The Mobile & Desktop Applications segment is registering a CAGR of 15.9% during (2023 - 2030). The growth of the segment is owed to the evolution of desktop and mobile application development. UX (user experience) is becoming more important along with a greater requirement for safety and security, a desire for cross-platform compatibility, and an interest in artificial intelligence. Mobile and desktop applications offer users easy access to content, allowing them to engage more frequently and for extended periods.
The North America region dominated the Global FAST (Free Ad-Supported TV) Channels Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $10.3 billion by 2030. The Europe market is poised to grow at a CAGR of 15.7% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 16.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/fast-free-ad-supported-tv-channels-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 Sling TV L.L.C. (DISH Network Corporation), Tubi, Inc. (Fox Corporation), Crackle Plus, LLC (CHICKEN SOUP FOR THE SOUL ENTERTAINMENT, INC.), Plex, Inc., Roku Inc., Xumo Enterprise (Comcast Corporation), Pluto Inc. (Paramount Global), Amazon.com, Inc., Rakuten TV Europe, S.L.U. (Rakuten group, Inc.) and Google LLC (Alphabet Inc.)
By Type
By Content Type
By Distribution Platform
By Geography
Companies Profiled
Unique Offerings 
