PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1383463
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1383463
Digital TV Stream Processing Platform Market Forecasts to 2030 - Global Analysis By Type, Application and by Geography
According to Stratistics MRC, the Global Digital TV Stream Processing Platform Market is growing at a CAGR of 17.1% during the forecast period. The complex and dynamic nature of digital television broadcasting calls for a sophisticated system called a Digital TV Stream Processing Platform. It provides the framework for distributing top-notch TV programming to audiences across a range of platforms. Moreover, video encoding, transcoding, content delivery, and metadata management are just a few of the many technologies and procedures that this platform integrates. It guarantees the uninterrupted transmission of digital TV signals, allowing consumers to enjoy their preferred shows at better resolutions and with more interactive features.
According to the Digital Marketing Institute, Digital Marketing is the use of digital channels to promote or market products and services to targeted consumers and businesses.
Market Dynamics:
Driver:
Increasing interest in streaming services
The increase in demand for streaming services can be attributed to changing consumer tastes, as consumers want the ability to watch content on demand and across multiple devices, including smart TVs, tablets, and smartphones. One of the main draws of streaming platforms is their vast content libraries, which include a multitude of films, TV shows, and original programming. Additionally, the popularity of streaming has been further boosted by the ease of an ad-free experience, the flexibility to pause, rewind, or skip content, and the removal of strict schedules.
Restraint:
Increasing complex content delivery networks
The growing complexity of content delivery networks (CDNs) is a constraint on the market for digital TV stream processing platforms. CDNs have to handle and distribute more data because of the growing number of devices and the need for high-quality streaming services. Furthermore, the stream processing platforms must handle issues with latency, scalability, and quality of service that may arise from this complexity.
Opportunity:
Rising Over-The-Top (OTT) service growth
The growth of over-the-top (OTT) services, which stream video content online, offers digital TV stream processing platforms a significant opportunity. The need for high-quality, low-latency streaming solutions are rising as more and more people cut the cord and stream content online. Moreover, by offering cutting-edge stream processing technologies that improve the streaming experience for both on-demand and live content, businesses in this sector can profit from this trend.
Threat:
Saturation of the Market and Competition
The fierce rivalry in the market for digital TV stream processing platforms may result in lower profit margins and a difficult atmosphere for new competitors. Price pressure from new competitors could cause revenue for established businesses to decline. With so many options available to consumers, market saturation can make it challenging to attract and keep customers. Additionally, to remain relevant, businesses must set themselves apart with cutting-edge features, content partnerships, or distinctive user experiences.
COVID-19 Impact:
The market for digital TV stream processing platforms was significantly impacted by the COVID-19 pandemic. The market saw accelerated growth as more viewers shifted to digital streaming platforms for content, driven by lockdowns and social distancing measures that created a spike in demand for online entertainment. On the other hand, the pandemic also caused delays in content delivery and financial difficulties for numerous platform providers. Furthermore, advertising budgets were affected by economic uncertainties, which had an effect on ad-supported streaming services.
The Encoder segment is expected to be the largest during the forecast period
The encoder segment has the largest market share in digital TV stream processing platforms. Encoders are essential to the industry because they transform audio and video files into digital formats that can be streamed, guaranteeing effective compression and delivery to consumers. Moreover, encoders are now a vital part of improving the whole streaming experience as the demand for high-quality, low-latency streaming keeps growing. The market for encoders has expanded due to the growing demand for sophisticated video compression methods and real-time content adaptation to different devices and bandwidths.
The Internet TV segment is expected to have the highest CAGR during the forecast period
The market's highest CAGR has been seen in the Internet TV segment. Over-the-Top (OTT) streaming services commonly referred to as Internet TV, have experienced substantial expansion as a result of their adaptability, availability of content on demand, and accessibility across multiple platforms, rendering them a favored option for consumers. Additionally, the switch from traditional cable TV to Internet TV, which offers more options and customization, signifies a fundamental change in the way that viewers consume content. Internet TV's significant growth and transformation of the digital TV streaming landscape are attributed to its convenience, personalization, and larger content libraries.
Region with largest share:
In the global market for digital TV stream processing platforms, North America is projected to hold the largest share. Large industry players were present, there were substantial investments in technological infrastructure, a high rate of internet penetration, and a robust demand for digital streaming services, all of which contributed to this region's dominance. Moreover, its market dominance was aided by the population's familiarity with technology and the presence of well-established streaming services and content providers in North America.
Region with highest CAGR:
In the market for digital TV stream processing platforms, the Middle East and Africa (MEA) region is projected to have the highest CAGR. Increasingly available digital streaming services to the region's diverse and expanding populace, along with expanding internet connectivity, were some of the factors propelling this growth. Additionally, a major factor in this growth was the increased availability of high-speed internet in both urban and rural areas, along with the demand for local and international content in a variety of languages.
Key players in the market
Some of the key players in Digital TV Stream Processing Platform market include: Cisco Systems, Enensys Technologies, Harmonic Inc., Amazon Web Services, ZTE Corporation, China Electronics Technology Group, Thomson Video Networks, GOSPELL, Minerva Networks, ARRIS International, Ericsson, CUORI Electrical Appliances Group Co., Ltd., Beijing Blue Topology Technology Co., Ltd., Ateme and MediaKind.
Key Developments:
In October 2023, Harmonic Inc. announced its unaudited results for the third quarter of 2023.Today we reported third quarter results that were within our guidance range, despite the challenging macro-economic and carrier spending environment, said Patrick Harshman, president and chief executive officer of Harmonic. Based on our strong backlog, our customer's multi-year growth plans, and the increasingly differentiated competitive position of our technologies and services, we remain confident in our mid- and long-term growth prospects.
In September 2023, AWS and Mission Cloud Services sign collaboration agreement. Mission Cloud Services and Amazon Web Services (AWS) have signed a multi-year deal that will see the two companies collaborate on some offerings. Mission Cloud, a company that provides its shared AWS customers with certifications, software, and other services and capabilities, will be expanding its offerings for AWS, while AWS will be listing the company's "Mission Control" cloud management platform on its AWS marketplace.
In September 2023, Cisco Systems and Splunk have entered into a definitive takeover agreement, with Cisco intending to acquire Splunk for $157 per share in cash, two companies said today. The transaction is valued at approximately $28 billion. Cisco stock fell 4.8% on the announcement. Splunk shares were halted pending news.
Types Covered:
- Encoder
- Decoder
- Multiplexer
- Compressor
- Format Converter
- Broadcast Server
- Other Types
Applications Covered:
- Cable TV
- Internet TV
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Digital TV Stream Processing Platform Market, By Type
- 5.1 Introduction
- 5.2 Encoder
- 5.3 Decoder
- 5.4 Multiplexer
- 5.5 Compressor
- 5.6 Format Converter
- 5.7 Broadcast Server
- 5.8 Other Types
6 Global Digital TV Stream Processing Platform Market, By Application
- 6.1 Introduction
- 6.2 Cable TV
- 6.3 Internet TV
- 6.4 Other Applications
7 Global Digital TV Stream Processing Platform Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.2.1 US
- 7.2.2 Canada
- 7.2.3 Mexico
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
- 7.3.4 France
- 7.3.5 Spain
- 7.3.6 Rest of Europe
- 7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 New Zealand
- 7.4.6 South Korea
- 7.4.7 Rest of Asia Pacific
- 7.5 South America
- 7.5.1 Argentina
- 7.5.2 Brazil
- 7.5.3 Chile
- 7.5.4 Rest of South America
- 7.6 Middle East & Africa
- 7.6.1 Saudi Arabia
- 7.6.2 UAE
- 7.6.3 Qatar
- 7.6.4 South Africa
- 7.6.5 Rest of Middle East & Africa
8 Key Developments
- 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 8.2 Acquisitions & Mergers
- 8.3 New Product Launch
- 8.4 Expansions
- 8.5 Other Key Strategies
9 Company Profiling
- 9.1 Cisco Systems
- 9.2 Enensys Technologies
- 9.3 Harmonic Inc.
- 9.4 Amazon Web Services
- 9.5 ZTE Corporation
- 9.6 China Electronics Technology Group
- 9.7 Thomson Video Networks
- 9.8 GOSPELL
- 9.9 Minerva Networks
- 9.10 ARRIS International
- 9.11 Ericsson
- 9.12 CUORI Electrical Appliances Group Co., Ltd
- 9.13 Beijing Blue Topology Technology Co., Ltd.
- 9.14 Ateme
- 9.15 MediaKind
List of Tables
- Table 1 Global Digital TV Stream Processing Platform Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Digital TV Stream Processing Platform Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Digital TV Stream Processing Platform Market Outlook, By Encoder (2021-2030) ($MN)
- Table 4 Global Digital TV Stream Processing Platform Market Outlook, By Decoder (2021-2030) ($MN)
- Table 5 Global Digital TV Stream Processing Platform Market Outlook, By Multiplexer (2021-2030) ($MN)
- Table 6 Global Digital TV Stream Processing Platform Market Outlook, By Compressor (2021-2030) ($MN)
- Table 7 Global Digital TV Stream Processing Platform Market Outlook, By Format Converter (2021-2030) ($MN)
- Table 8 Global Digital TV Stream Processing Platform Market Outlook, By Broadcast Server (2021-2030) ($MN)
- Table 9 Global Digital TV Stream Processing Platform Market Outlook, By Other Types (2021-2030) ($MN)
- Table 10 Global Digital TV Stream Processing Platform Market Outlook, By Application (2021-2030) ($MN)
- Table 11 Global Digital TV Stream Processing Platform Market Outlook, By Cable TV (2021-2030) ($MN)
- Table 12 Global Digital TV Stream Processing Platform Market Outlook, By Internet TV (2021-2030) ($MN)
- Table 13 Global Digital TV Stream Processing Platform Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 14 North America Digital TV Stream Processing Platform Market Outlook, By Country (2021-2030) ($MN)
- Table 15 North America Digital TV Stream Processing Platform Market Outlook, By Type (2021-2030) ($MN)
- Table 16 North America Digital TV Stream Processing Platform Market Outlook, By Encoder (2021-2030) ($MN)
- Table 17 North America Digital TV Stream Processing Platform Market Outlook, By Decoder (2021-2030) ($MN)
- Table 18 North America Digital TV Stream Processing Platform Market Outlook, By Multiplexer (2021-2030) ($MN)
- Table 19 North America Digital TV Stream Processing Platform Market Outlook, By Compressor (2021-2030) ($MN)
- Table 20 North America Digital TV Stream Processing Platform Market Outlook, By Format Converter (2021-2030) ($MN)
- Table 21 North America Digital TV Stream Processing Platform Market Outlook, By Broadcast Server (2021-2030) ($MN)
- Table 22 North America Digital TV Stream Processing Platform Market Outlook, By Other Types (2021-2030) ($MN)
- Table 23 North America Digital TV Stream Processing Platform Market Outlook, By Application (2021-2030) ($MN)
- Table 24 North America Digital TV Stream Processing Platform Market Outlook, By Cable TV (2021-2030) ($MN)
- Table 25 North America Digital TV Stream Processing Platform Market Outlook, By Internet TV (2021-2030) ($MN)
- Table 26 North America Digital TV Stream Processing Platform Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 27 Europe Digital TV Stream Processing Platform Market Outlook, By Country (2021-2030) ($MN)
- Table 28 Europe Digital TV Stream Processing Platform Market Outlook, By Type (2021-2030) ($MN)
- Table 29 Europe Digital TV Stream Processing Platform Market Outlook, By Encoder (2021-2030) ($MN)
- Table 30 Europe Digital TV Stream Processing Platform Market Outlook, By Decoder (2021-2030) ($MN)
- Table 31 Europe Digital TV Stream Processing Platform Market Outlook, By Multiplexer (2021-2030) ($MN)
- Table 32 Europe Digital TV Stream Processing Platform Market Outlook, By Compressor (2021-2030) ($MN)
- Table 33 Europe Digital TV Stream Processing Platform Market Outlook, By Format Converter (2021-2030) ($MN)
- Table 34 Europe Digital TV Stream Processing Platform Market Outlook, By Broadcast Server (2021-2030) ($MN)
- Table 35 Europe Digital TV Stream Processing Platform Market Outlook, By Other Types (2021-2030) ($MN)
- Table 36 Europe Digital TV Stream Processing Platform Market Outlook, By Application (2021-2030) ($MN)
- Table 37 Europe Digital TV Stream Processing Platform Market Outlook, By Cable TV (2021-2030) ($MN)
- Table 38 Europe Digital TV Stream Processing Platform Market Outlook, By Internet TV (2021-2030) ($MN)
- Table 39 Europe Digital TV Stream Processing Platform Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 40 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Country (2021-2030) ($MN)
- Table 41 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Type (2021-2030) ($MN)
- Table 42 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Encoder (2021-2030) ($MN)
- Table 43 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Decoder (2021-2030) ($MN)
- Table 44 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Multiplexer (2021-2030) ($MN)
- Table 45 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Compressor (2021-2030) ($MN)
- Table 46 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Format Converter (2021-2030) ($MN)
- Table 47 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Broadcast Server (2021-2030) ($MN)
- Table 48 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Other Types (2021-2030) ($MN)
- Table 49 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Application (2021-2030) ($MN)
- Table 50 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Cable TV (2021-2030) ($MN)
- Table 51 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Internet TV (2021-2030) ($MN)
- Table 52 Asia Pacific Digital TV Stream Processing Platform Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 53 South America Digital TV Stream Processing Platform Market Outlook, By Country (2021-2030) ($MN)
- Table 54 South America Digital TV Stream Processing Platform Market Outlook, By Type (2021-2030) ($MN)
- Table 55 South America Digital TV Stream Processing Platform Market Outlook, By Encoder (2021-2030) ($MN)
- Table 56 South America Digital TV Stream Processing Platform Market Outlook, By Decoder (2021-2030) ($MN)
- Table 57 South America Digital TV Stream Processing Platform Market Outlook, By Multiplexer (2021-2030) ($MN)
- Table 58 South America Digital TV Stream Processing Platform Market Outlook, By Compressor (2021-2030) ($MN)
- Table 59 South America Digital TV Stream Processing Platform Market Outlook, By Format Converter (2021-2030) ($MN)
- Table 60 South America Digital TV Stream Processing Platform Market Outlook, By Broadcast Server (2021-2030) ($MN)
- Table 61 South America Digital TV Stream Processing Platform Market Outlook, By Other Types (2021-2030) ($MN)
- Table 62 South America Digital TV Stream Processing Platform Market Outlook, By Application (2021-2030) ($MN)
- Table 63 South America Digital TV Stream Processing Platform Market Outlook, By Cable TV (2021-2030) ($MN)
- Table 64 South America Digital TV Stream Processing Platform Market Outlook, By Internet TV (2021-2030) ($MN)
- Table 65 South America Digital TV Stream Processing Platform Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 66 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Country (2021-2030) ($MN)
- Table 67 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Type (2021-2030) ($MN)
- Table 68 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Encoder (2021-2030) ($MN)
- Table 69 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Decoder (2021-2030) ($MN)
- Table 70 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Multiplexer (2021-2030) ($MN)
- Table 71 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Compressor (2021-2030) ($MN)
- Table 72 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Format Converter (2021-2030) ($MN)
- Table 73 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Broadcast Server (2021-2030) ($MN)
- Table 74 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Other Types (2021-2030) ($MN)
- Table 75 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Application (2021-2030) ($MN)
- Table 76 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Cable TV (2021-2030) ($MN)
- Table 77 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Internet TV (2021-2030) ($MN)
- Table 78 Middle East & Africa Digital TV Stream Processing Platform Market Outlook, By Other Applications (2021-2030) ($MN)
