The Asia Pacific Cloud TV Market would witness market growth of 21.1% CAGR during the forecast period (2022-2028).
Video net reported that Liberty Puerto Rico is using single-tuner set-tops to run Social Content Navigator, although typically such a service would call for "new STBs with higher power and numerous tuners." Charter Communications introduced its cloud-based Spectrum Guide at the Consumer Electronics Show in January 2015 after being the first pay-TV provider to commit to deploying a full user interface streamed exclusively from the cloud in June 2013.
Because "all set-top devices on the Charter network" would be able to display the new UI, Charter would not have to choose between upgrading existing equipment or restricting the new UI to a "subset of its client base." Other businesses that have disclosed that they have implemented, or plan to implement, cloud-based user interfaces include Glashart Media, a unit of Dutch telecommunications provider KPN, which claimed that Cloud TV has assisted it in doubling subscribers and achieving VOD take rates of three items per subscriber per month, and iCloud.
Additionally, Deutsche Telekom's research and innovation division, Telekom Innovation Laboratories (T-Labs), has shown how Cloud TV helps it realize its objective of "virtualizing the set-top box and relocating the execution of apps to the cloud." Cable system operators have tried to build "friend, not foe" partnerships with the emergence of so-called over-the-top (OTT) streaming services by offering OTT smoothly as a part of the pay-TV service bundle.
The rapid rollout of 5G networks and the expansion of infrastructure in APAC, particularly in Japan, South Korea, Australia, Singapore, China, and India, offer tremendous opportunities for the use of the telecom cloud. Key market enterprises are being encouraged to extend their operations in this region by several supporting government programs and policies, which will advance the region's cloud tv growth.
The China market dominated the Asia Pacific Cloud TV Market by Country 2021; thereby, achieving a market value of $407.2 million by 2028. The Japan market is exhibiting a CAGR of 20.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 21.9% during (2022 - 2028).
Based on Deployment Type, the market is segmented into Public Cloud and Private Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Device Type, the market is segmented into Mobile Phones & Connected TVs and STBs. Based on Vertical, the market is segmented into Telecom Companies and Media Organizations & Broadcasters. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Cloud TV Market is Projected to reach USD 4.9 Billion by 2028, at a CAGR of 20.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SeaChange International, Inc., Brightcove, Inc., CSG Systems International, Inc., Comcast Technology Solutions, Aferian plc, Kaltura, Inc., MediaKind, IntelliMedia Networks, MatrixStream Technologies, Inc. and Minerva Networks, Inc.
By Deployment Type
By Organization Size
By Device Type
By Vertical
By Country
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