Europe IPTV Market to Grow at Substantial Rate During Forecast Period
Rising demand for application-based services and increasing
internet usage to propel the growth of the Europe IPTV market
According to
Tech Sci Research report, “Europe
IPTV Market By Device Type, By Transmission Method, By Offering, By End
User, By Region, Competition, Forecast & Opportunities, 2025”, the Europe IPTV market is expected to grow significantly during
the forecast period on account of favorable government rules which is making it
easier for new IPTV market payers to venture into the market. Additionally, growing
developments in internet infrastructure coupled with extensive internet
connectivity in households are further supplementing the revenue growth of the
market. However, the factors that might act as major impediments to the market
growth over the coming years include competition from satellite TV and local cable
TV because of reduced cost and lack of infrastructure for quality and
jitter-free service.
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In
terms of device type, the Europe IPTV market is fragmented into smartphones &
tablets, smart TVs and PCs. Among them, the smartphones and tablets category dominated
the market in terms of largest market share until 2019 on account of rising
internet connectivity. Also, the market for smart TVs is estimated to witness
the fastest growth over the coming years which can be accredited to increasing
use of smart TVs in households owing to smart features it offers. AT&T
Inc., Verizon Communications Inc., Deutsche Telekom, Orange SA, SK Telecom,
Telefonica S.A etc. are some of the leading players operating in Europe IPTV market.
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“The Europe IPTV
market is anticipated to grow rapidly during the forecast period which is
attributable to highest number of subscriptions in the region. In addition to
this, early introduction and acceptance of the technology by the populace is
responsible for the region’s dominance in IPTV market. Moreover, the additional
services offered by IPTV service providers, such as interactive services along
with pure-play IPTV services and multi-screen services is further anticipated to
propel the demand for IPTVs in Europe through 2025.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Europe IPTV Market By Device Type, By Transmission
Method, By Offering, By End User, By Region, Competition, Forecast & Opportunities,
2025” has evaluated the future growth
potential of Europe IPTV market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in Europe IPTV market.
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