The Business Research Company Global TV and Radio Broadcasting Market Report 2021: Impact and Recovery of COVID-19
LONDON, GREATER LONDON, United Kingdom, September 27, 2021 /EINPresswire.com/ – According to the new market research report “Global TV and Radio Broadcasting Market Report 2021: Impact and Recovery of COVID-19” released by The Business Research Company, the TV and radio broadcasting market is expected to grow from $ 317.05 billion in 2020 to $ 347.81 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 433.94 billion in 2025 at a CAGR of 6%. Rising demand for VR content is expected to drive the TV and broadcasting market forward.
Sample Request For Global Television Broadcasting Market Report:
The television and radio broadcasting market consists of revenues generated by sales of television and radio programs, the sale of airtime to advertisers and donations and subsidies, received by entities (organizations, sole proprietorships and partnerships) which operate studios and broadcast facilities. for live or satellite broadcasting of radio and television programs. They often produce or purchase programming, which may include entertainment, news, talk shows, business data, or religious services.
Global TV and Radio Broadcasting Market Trends
TV and radio broadcast companies are deploying technologies to enable users to access their content on mobiles and website portals. Access to various platforms and devices has increased in relation to the demand for television and radio broadcasting services. For example, the OTT (over-the-top) Go90 mobile service introduced by Verizon and BingeOn by Comcast Watchable and T Mobile are new services aimed primarily at a young audience., Allow users to watch content on mobile apps , web portals and digital boxes. .
Global TV and Radio Broadcasting Market Segments:
The global television and radio broadcasting market is further segmented on the basis of type, broadcaster type, and geography.
By type: Broadcasting, Television broadcasting
By type of broadcaster: public, commercial
Sub-segments covered: radio station, radio network, television station, television network
By Geography: The global TV and radio broadcasting market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa . Among these regions, the Western European TV and radio broadcasting market accounts for the largest share of the global TV and radio broadcasting market.
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The 2021 Global TV and Radio Broadcasting Market report is part of a series of new reports from The Business Research Company that provides TV and Radio Broadcasting market overviews, analysis and forecast on size and location. Market growth for the global TV and radio broadcasting market, TV and radio broadcasting market share, TV and radio broadcasting market players, TV and radio broadcasting market segments and geographies, revenue, profiles and share market share of the main competitors in the TV and radio broadcasting market. The Radio and Television Broadcasting market report identifies key countries and segments for opportunities and strategies based on market trends and approaches of key competitors.
Read the 2021 Global Radio and Television Broadcasting Market Report from The Business Research Company for insight into the following:
Data segments: market size, global, by region and by country; Historical and forecast size, and growth rate for the world, 7 regions and 12 countries
Broadcasting and Radio Broadcasting Market Organizations Covered: Time Warner Inc; Walt Disney; Comcast Corp; DISH Network Corporation; Viacom inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Here is a list of reports from The Business Research Company similar to the 2021 Global Radio and Television Broadcasting Market report:
Global Television Broadcasting Market Report 2021 – By Type (TV Station, TV Network), Broadcaster Type (Public, Commercial), Revenue Source (Subscription Based, Advertising Based), Impact and COVID-19 recovery
Global Broadcasting Market Report 2021 – By Type (Radio Station, Radio Network), By Broadcaster Type (Public, Commercial), By Type (AM, FM, Satellite Radio, HD Radio), By Frequency Bands ( very low frequency, low frequency, medium frequency), Impact and recovery of COVID-19
Global Media Market – By Type (TV and Radio Broadcasting, Cinema and Music, News Services, Web Content, Search and Social Media Portals, Print Media, Cable and Other Subscription Programs), and by Region, Opportunities and strategies – Global forecasts to 2030
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