Surging Internet Penetration Fueling Demand for IPTV Services

The rising interest of various telecommunication service providing companies in internet protocol television (IPTV) is fueling the development of IPTV across the world. Telecom organizations such as Vodafone Group PLC, British Telecommunications PLC, and Verizon Communications Inc. are nowadays focusing on developing novel video services.

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These organizations are viewing the development of IPTV as a lucrative growth opportunity, on account of its various interactive multimedia functionalities. This is creating a huge pool of companies offering IPTV services. Apart from the aforementioned factors, the mushrooming penetration of the internet and the development of mobile content distributed networks (CDNs) are also fueling the popularity of IPTV services across the world.

The CDN technology assists users in loading websites and downloading content quickly on smart TVs, smartphones, and personal computers (PCs). This is because CDNs make the availability of a large content base possible and also reduce the packet loss and network latency. Additionally, the growing requirement for video-on-demand (VOD) and HD channels is propelling the global demand for IPTV services.

This is driving the progress of the IPTV market. Depending on transmission method, the market is divided into wireless and wired categories. Of these, the wireless category is predicted to exhibit faster growth in the market in the forthcoming years. This is attributed to the rising consumer preference for wireless modes of content consumption over the wired mode.

This market research report provides a comprehensive overview of the market
Future potential of the market through its forecast for the period 2020– 2030
Major factors driving the market and their impact during the short, medium, and long terms
Market restraints and their impact during the short, medium, and long terms
Recent trends and evolving opportunities for the market participants
Historical and the present size of the market segments and understand their comparative future potential
Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

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