According to a new report Global Broadcast Scheduling Software Market, published by KBV research, The Global Broadcast Scheduling Software Market size is expected to reach $2.9 billion by 2027, rising at a market growth of 16.4% CAGR during the forecast period.
The Hybrid segment of the market would witness a substantial growth during the forecast period. The cloud segment acquired the second-largest revenue share and would experience the maximum growth rate during the forecast period. Factors such as the substantial shift in the consumer preferences from conventional TV channels to entertainment services and online and streaming media due to the greater inclination towards smart TVs, smartphones, and other connected devices and smartphones are responsible for the growth of the cloud segment.
The TV segment obtained the maximum revenue share in 2020. The growth of this segment is credited to a large population that is still willing to watch sports events and news on a conventional or a smart TV along with their friends and families. The major contributors of this segment are the emerging and well-established countries.
The Asia-Pacific broadcast scheduling software market would be boosted by the increasing demand due to shifting consumer needs towards the online and media through Smartphones. Also, there has been a rising demand for televisions as they are a great source of entertainment. Nowadays, as people are inclined more towards smartphones so they also prefer the online and web media which eventually fueling the growth of the regional market.
Full Report: https://www.kbvresearch.com/broadcast-scheduling-software-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of AMC Networks, Inc., Axel Technology Srl, Broadview Software, Inc., Chetu, Inc., Imagine Communications, Inc. (Harris Broadcast), MEDIAGENIX, Marketron Broadcast Solutions LLC, Schedule it Ltd., WideOrbit, Inc., and Advanced Broadcast Services Limited
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Companies Profiled
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