The Cable Television Network market accounted for US$ 235.7 billion in 2020 and is estimated to be US$ 567 billion by 2030 and is anticipated to register a CAGR of 2.5%. A cable television network is a telecommunications system that distributes television programming. The market for global cable television networks is characterised by a large number of small and medium-sized players. With a rising number of cable subscribers and a growing demand for digital content, the cable television network industry is gaining traction. Each TV channel has a frequency range of 6 MHz, with the majority of that being video, audio, and control data, and the rest being unused buffer space that helps to prevent crosstalk between adjacent channels. Paid TV channels have been receiving a lot of attention around the world, and the high cost of subscriptions for HD (high-definition) channels is expected to stifle the cable television network market's growth.
The report “Cable Television Networks Market, By Type (Cable & Other Pay Television Services, Direct Broadcast Satellite Services (DBS), Closed Circuit Television Circuits, Satellite Master Antenna Systems Service (SMATV), Multipoint Distribution System Services (MDS), and Subscription Channel Services), By Application (Household and Commercial), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis, and Forecast till 2030”.
Key Highlights:
- Comcast revealed on May 1, 2019, that it had completed the acquisition of Deep Blue Communications, a market pioneer in engineering, installing, and operating commercial WiFi networks headquartered in Latham, New York.
- The introduction of two-way cable television has given cable providers the ability to reach a larger audience.
Analyst View:
The cable television network market is constantly expanding with new and improved technological implementations that are expected to generate numerous growth opportunities. Furthermore, the COVID-19 pandemic has forced people to stay at home, and television has become one of their primary sources of entertainment. As a result of these demands, the global cable television networks market is expected to expand significantly over the forecast period. On the other side, the two-way cable television system, which enables viewers of home computers to connect to a computer network by giving them access to data banks and allowing them to communicate with other internet users, is becoming more common. As a result, the cable television network system's players will have many development prospects in the coming years.
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Key Market Insights from the report:
The Global Cable Television Network market accounted for US$ 235.7 billion in 2020 and is estimated to be US$ 567 billion by 2030 and is anticipated to register a CAGR of 2.5%. The Global Cabel Television Network Market is segmented based on the type, application and region.
- By Type,, the Global Cable Television Network Market is segmented into Cable & Other Pay Television Services, Direct Broadcast Satellite Services (DBS), Closed Circuit Television Circuits, Satellite Master Antenna Systems Service (SMATV), Multipoint Distribution System Services (MDS), and Subscription Channel Services
- By Application, the Global Cable Television Network Market is segmented into Household and Commercial.
- By region, the Global Cable Television Network Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.In terms of sales and customer base, Asia Pacific dominated the cable television network market.
Competitive Landscape:
The key players operating in the Global Cable Television Network Market include Cox Enterprises Inc., Comcast Corporation, Time Warner Cable Inc., Viacom Inc., Vivindi SA, Liberty Media Corp., Discovery Communication Inc.
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