The report titled “Cloud TV Market” has recently added by qymarketresearchstore to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts
The Cloud TV Market was valued at USD 1.96billion in 2019and is expected to reach USD 3.31billion by 2025, at a CAGR of 9.12% over the forecast period 2020- 2025.
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Top Companies in the Global Cloud TV Market: Ooyala Inc., Brightcove Inc., NetSuite Inc., Fordela Corp., Amino Technologies PLC, DaCast LLC, Kaltura Inc., MatrixStream Technologies Inc., MUVI Television Ltd., Minoto Video Inc., Monetize Media Inc., UpLynk LLC, PCCW Limited, Spectrum (Charter Communications), Liberty Global PLC and other
Scope of the Report
Cloud TV is a software platform that virtualizes set-top-box functionality, enabling the service providers to bring advanced user interfaces, online video experiences such as YouTube along with social networking, internet browsing, online gaming, video conferences, and interactive web-style advertising to televisions, and connected electronics devices.
Key Market Trends
Entertainment and Media Expected to be Primary Areas of Applications
– The integration of high definition streaming and lack of delay in the broadcasting services have spiked the sales for cloud service over the conventional set-top boxes. The advent of 3D content and virtual reality in the recently launched smart televisions has created a completely new opportunity for the cloud TV service providers to seize.
– An average human spends an average of 3 hours in a week on gaming related entertainment activities, which is projected to increase by a significant amount with VR and cloud gaming set to impact the gaming ecosystem. These trends indicate that the integration of the cloud services in the televisions and other smart devices ensures the growth of the market by a huge margin during the forecast period.
– Trends, such as video on demand, content streaming, hyper-targeted content and advertising, and direct-to-consumer relationship are increasing the demand for cloud TV platforms in the media and entertainment industry. For instance, Lightbox, a New Zealand subscription video on demand (SVOD) service, offers a selection of television shows over a range of devices by using Qrious analytics expertise. The analytics helps in gaining expertise on customer needs as well as how to improve/engage/retain the same viewers.
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Significant Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Cloud TV Market
- Changing Cloud TV market dynamics of the industry
- In-depth market segmentation by Type, Application etc.
- Historical, current and projected Cloud TV market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Cloud TV Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2014 to 2020 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
QYMarketResearchStore provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. QYMarketResearchStore provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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