Mobile Television Market To Propel Due To Mounting Use Of Tablets And Smartphones

2017-04-26
Published : Apr-2017

The increasing practice of smartphones and tablets universally has assisted in an increase in the mobile television market. Maximum smartphones and tablets nowadays are TV empowered and this has given rise to the noteworthy growth in the usage of mobile television applications. Due to the rampant growth in the smartphone and tablet business, the call for mobile television has also amplified. The intensifying dispersion of smartphones amongst buyers has augmented the demand for improved services. Additionally, the use of internet has amplified to 3.4 billion in the last year. The distribution of services like 5G, 4G, and 3G is also anticipated to boost the receipt of mobile television. Increase of enhanced and speedy internet services is expected to lift the demand for mobile Television in the forthcoming years.

Companies functioning in the mobile television market offer an assortment of services to consumers. These services comprise free to air services and pay TV subscription. Accordingly, there has been a noteworthy heave in the demand for first-rate services such as entertainment, movies, and live sports. These first-rate contents are in bidding owing to the surge in the implementation of VoD on native and regional stations. This has consecutively stemmed in an amplified demand for pay TV services. Because of this, the approval of mobile television is expected to escalate in the near future.

The global mobile television market is anticipated to magnify at a 9.5% CAGR from 2016 to 2024. The market was valued at $7.69 billion in the year 2015 and is estimated to upswing to a valuation of $17.02 billion by the end of 2024. Pay TV services ruled the market with a global share of 52% in 2015. The swell in pay TV services is expected to boost the acceptance of mobile TV. When it comes to the use of mobile TV services, Asia Pacific held a noticeable share in 2015 and is projected to uphold a position in the coming years.

The increase in LTE networks monies in developing economies has occasioned in an upwelling in the acceptance of mobile television in Latin America. Furthermore, the substantial growth in the area is also expected to lift the demand for smartphones in the region contributing to an enlargement in usage of mobile TV. The entrance of new players accompanied by leading global players in economies of Middle East and Africa are projected to elevate the application of mobile TV services in the region. The increase in disposable income is an additional aspect motivating the progress of the mobile television market in the region.

Read more on Technology on:

http://www.sandlerresearch.org/market-research/technology

 

 

Filed in:
More Reports
Title Price Buy Now

Online Returns in the UK – 2017

Online Returns in the UK - 2017 Summary Consumers are increasingly comfortable purchasing more products online than they intend to keep, knowing they will send a certain amount back to the retailer. This is particularly common among shoppers aged 15-24, influenced by the growing number of delivery saver schemes available such as ASOS Premier, New Look's delivery pass and Boohoo Premier. These schemes encourage shoppers to effortlessly buy and return with unlimited free and fast delivery options. Online returns channel is set to rise by 34.6% to £5,438.1m by 2022. Growing consumer confidence in the returns process and a 35% growth in online spend over the same period will drive this growth. Retailers must prepare for the rising number of returns by investing into the entire operat......
$5750

Information Technology Industry Business Outlook and Procurement Survey H1 2017

Information Technology Industry Business Outlook and Procurement Survey H1 2017 Summary GlobalData's "Information Technology Industry Business Outlook and Procurement Survey H1 2017", examines executives' opinion on the business outlook and procurement activities over July 2017-December 2017. Organizations can know about key business priorities, supplier price variations, changes in capital expenditure, and organizations' perspective on e-procurement. Additionally, it provides information categorized by region and company type. In the midst of uneven economic conditions, rising competition, and pricing pressure within the IT industry, companies are planning to increase focus on expansion in current market, improving operational efficiency, and new product development in H1 2017 (J......
$1950

Alternative Payment Solution: Circle

Alternative Payment Solution: Circle Summary Circle is a person-to-person (P2P) payment solution launched by Circle Internet Financial in 2013. Initially launched as a bitcoin-based solution, it eventually expanded its money transfer services to allow users to transact in currencies including US dollars, pound sterling, and euros. In December 2016 it discontinued bitcoin-based transactions; however, existing customers who had accounts before December 2016 can continue to transact in bitcoin through its partner, Coinbase. To transfer funds, both sender and recipient need to download the Circle app on Android or iOS phones and create an account. Funds can be loaded to the account via debit card or bank account. Users can then send money by selecting the recipient's mobile phone numb......
$350

Alternative Payment Solution: M-Pesa

Alternative Payment Solution: M-Pesa Summary M-Pesa is mobile-based fund-transfer and micro-level banking service available to customers of Safaricom, Kenya's largest mobile network. Introduced in 2007, the service has become a primary channel for fund transfers in the country. As of March 2017 it had an active customer base of 26.6 million in Kenya. Originally developed as a low-cost microfinance loan-repayment system, it was extended as an open platform to remit funds and make consumer payments, due to its rising popularity. This was largely a result of factors such as the high cost of remitting funds through banking, a lack of banking facilities, low card penetration, minimal card acceptance infrastructure, and the high costs involved with dealing with cash in Kenya. Users c......
$350

Haematology Analyzers – Medical Devices Pipeline Assessment, 2017

Haematology Analyzers - Medical Devices Pipeline Assessment, 2017 Summary GlobalData's Medical Devices sector report, "Haematology Analyzers - Medical Devices Pipeline Assessment, 2017" provides an overview of Haematology Analyzers currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of the products at various stages of development. The report reviews major players involved in the pipeline product development. It also provides information about clinical trials in progress, which includes trial phase, trial status, trial start and end dates, and, the number of trials for the key Haematology Analyzers pipeline products. This report is prepared using data sourced from in-house databases, secondary and primary......
$2500

Dental Implants – Medical Devices Pipeline Assessment, 2017

Dental Implants - Medical Devices Pipeline Assessment, 2017 Summary GlobalData's Medical Devices sector report, "Dental Implants - Medical Devices Pipeline Assessment, 2017" provides an overview of Dental Implants currently in pipeline stage. The report provides comprehensive information on the pipeline products with comparative analysis of the products at various stages of development. The report reviews major players involved in the pipeline product development. It also provides information about clinical trials in progress, which includes trial phase, trial status, trial start and end dates, and, the number of trials for the key Dental Implants pipeline products. This report is prepared using data sourced from in-house databases, secondary and primary research by GlobalData'......
$4000

Alternative Payment Solution: Blik

Alternative Payment Solution: Blik Summary Blik is a Polish mobile payment solution launched by Polish Payment Standard (PSP) in February 2015. PSP was formed in 2013 through strategic co-operation by six major Polish banks: Alior Bank, Millennium Bank, Bank Zachodni WBK, ING Bank, mBank, and PKO Bank. Blik is offered by Polish banks as an additional service within their mobile banking apps. It enables users to conduct payment transactions using a mobile phone, including online and in-store payments, cash deposits and withdrawals at ATMs, and P2P fund transfers. P2P transfers can be made through the mobile banking app by selecting the recipient from the user's mobile address book. The solution is now used by 3.5 million customers of the participating banks. Online transactions acc......
$350

Alternative Payment Solution: SOFORT

Alternative Payment Solution: SOFORT Summary SOFORT is a market leader in online banking-based payments in Germany and Austria. It was launched in 2005 as Payment Network, and renamed SOFORT in 2012. The solution is now accepted across 13 countries in Europe: Germany, Austria, Switzerland, Belgium, France, the Netherlands, the UK, Italy, Spain, Poland, Hungary, Slovakia, and the Czech Republic, with a user base of 20 million customers. The solution offers online banking-based direct payments for online purchases from domestic and international merchants. It allows customers to make payments on foreign merchant sites in their local currency, which are then deposited into merchants' accounts in their local currency. The company extended its service in 2013, introducing invoice-ba......
$350

Fixed-mobile Convergence in Middle East and North Africa

Fixed-mobile Convergence in Middle East and North Africa Summary Fixed-mobile convergence (FMC) has emerged in some competitive markets as a strategy for operators looking for new sources of growth. It is a way for operators to differentiate, bringing potential benefits from churn reduction, customer acquisition effect, and synergies. Compared to certain markets in Europe, APAC, and North America, MENA has in general seen low levels of FMC activity. However, some markets have already begun the process of convergence, or are showing signs that further development may take place. In the process of FMC, operators often start by offering price discounts, eventually typically moving to more segmented FMC bundles, with the most advanced operators seeking revenues from adjacent industrie......
$1195

Opportunities in the Global Wine Sector: Analysis of Opportunities Offered by High Growth Economies

Opportunities in the Global Wine Sector: Analysis of Opportunities Offered by High Growth Economies Summary Global Wine sector is forecast to reach US$385.2 Billion by 2021, growing at a CAGR of 4.7% during 2016-2021. Asia-Pacific is forecast to register the fastest value growth during 2016-2021, with four countries in the region projected to register double digit growth during the same period. A growing population of youngsters reaching the legal drinking age (LDA), an improving economy, and the rising middle income population across the APAC, MEA, and LATAM regions will remain the primary factors driving growth in the sector globally. Value share of Wine in the global alcoholic beverages industry is forecast to decrease during 2016-2021, driven by falling consumption in the Midd......
$3450