Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD $12.7 Billion | USD 28.7 Billion | 8.01% | 2022 |
FrequentlyAsked Questions
A mobile television refers to seamless television video broadcasting on mobile equipment including smartphones and tablets. Moreover, a viewer can watch mobile television either through a paid subscription or through the use of internet on mobile. The video content can also be downloaded and viewed by the viewer as per convenience. The mobile TV offers both the facility of free-to-air TV services and pays TV live services.
The global mobile TV market is projected to expand over 2023-2030 due to a rise in demand for premium sports and movies & entertainment will prop up the scope of the global mobile TV market surge. The market for mobile TV is likely to gain traction in the ensuing years subject to the acceptance of free-to-air service in emerging economies.
According to study, the global mobile TV market size was $12.7 billion in 2022 and is projected to reach $28.7 billion by the end of 2030.
The global mobile TV market is anticipated to record a CAGR of nearly 8.01% from 2023 to 2030.
The Asia-Pacific mobile TV industry is set to account for a major market share in the upcoming years subject to a rise in the penetration of smartphones, the launching of OTT platforms, and demand for online videos & live streaming in countries such as India, Philippines, Japan, Singapore, Taiwan, and China. In addition to this, a rise in mobile TV and internet subscriptions in the countries such as India, Bangladesh, Sri Lanka, and Myanmar as well as South East Asian countries such as Thailand & Indonesia will boost regional market growth.
The global mobile TV market is led by players like Bell Canada (BCE Inc.), Asianet Satellite, United States Cellular (Telephone and Data Systems), AT&T Inc., Bharti Airtel Limited, Tata Sky Ltd. (TOF), Charter Communications Inc., Orange S.A., Comcast Corporation, SPB TV AG, Consolidated Communications, Cox Communications Inc., MobiTV Inc., and Verizon Communications Inc.
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