Dublin, Aug. 11, 2021 (GLOBE NEWSWIRE) -- The "TV and Radio Broadcasting Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides the strategists, marketers and senior management with the critical information they need to assess the global tv and radio broadcasting market as it emerges from the COVID-19 shut down.
The global 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 the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $433.94 billion in 2025 at a CAGR of 6%.
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- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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Where is the largest and fastest growing market for the tv and radio broadcasting? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The TV And Radio Broadcasting market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider tv and radio broadcasting market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The tv and radio broadcasting market section of the report gives context. It compares the tv and radio broadcasting market with other segments of the media market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, tv and radio broadcasting indicators comparison.
Major companies in the TV and radio broadcasting market include Time Warner Inc; Walt Disney; Comcast Corp; DISH Network Corporation and Viacom Inc.
The TV and radio broadcasting market consists of revenues generated from sales of television and radio programs, from the sale of air time to advertisers, and from donations and subsidies, earned by entities (organizations, sole traders and partnerships) that operate broadcast studios and facilities for over-the-air or satellite delivery of radio and television programs. They often produce or purchase programs, which may include entertainment, news, talk shows, business data, or religious services. The TV and radio broadcasting market is segmented into radio broadcasting and television broadcasting.
Western Europe was the largest region in the global tv and radio broadcasting market, accounting for 34% of the market in 2020. North America was the second largest region accounting for 29% of the global tv and radio broadcasting market. Africa was the smallest region in the global tv and radio broadcasting market.
TV and radio broadcasting companies are deploying technologies to allow users to access their content on mobiles and website portals. Access to various platforms and devices has increased over demand for TV and radio broadcasting services. For instance, mobile OTT (over-the-top) service Go90 introduced by Verizon and BingeOn by Comcast Watchable and T Mobile are new services aimed mainly at a youth audience, enable users to watch content on mobile applications, web portals and digital boxes.
The outbreak of Coronavirus disease (COVID-19) has acted as a significant restraint on some of the TV and radio broadcasting markets in 2020 as businesses were disrupted due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity and restricted movement of goods and services with countries entering a state of 'lock down'. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, many media markets have been unaffected or benefited from this as they transmit their content remotely through digital channels. It is expected that the TV and radio broadcasting market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.
Virtual reality (VR) is increasingly being adopted by the TV and radio broadcasting industry to create potential impact on audiences. Live events such as sports and music are expected to boost the demand for VR adoption during the forecast period, by helping audiences to connect with major events through a dynamic environment. For example, NextVR, a virtual reality platform for delivering live content, streamed Daytona 500 and a democratic debate. It also partnered with an events company Live Nation to broadcast live music to music fans worldwide. Rise in demand for VR content is expected to drive the market going forward.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. TV And Radio Broadcasting Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. TV And Radio Broadcasting Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. TV And Radio Broadcasting Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. TV And Radio Broadcasting Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. TV And Radio Broadcasting Market Trends And Strategies
8. Impact Of COVID-19 On TV And Radio Broadcasting
9. TV And Radio Broadcasting Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. TV And Radio Broadcasting Market Regional Analysis
10.1. Global TV And Radio Broadcasting Market, 2020, By Region, Value ($ Billion)
10.2. Global TV And Radio Broadcasting Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global TV And Radio Broadcasting Market, Growth And Market Share Comparison, By Region
11. TV And Radio Broadcasting Market Segmentation
12. TV And Radio Broadcasting Market Segments
12.1. Global Radio Broadcasting Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Radio Station; Radio Network
12.2. Global Television Broadcasting Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Television Station; Television Network
13. TV And Radio Broadcasting Market Metrics
13.1. TV And Radio Broadcasting Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average TV And Radio Broadcasting Market Expenditure, 2015-2025, Global
14. Asia-Pacific TV And Radio Broadcasting Market
15. Western Europe TV And Radio Broadcasting Market
16. Eastern Europe TV And Radio Broadcasting Market
17. North America TV And Radio Broadcasting Market
18. South America TV And Radio Broadcasting Market
19. Middle East TV And Radio Broadcasting Market
20. Africa TV And Radio Broadcasting Market
21. TV And Radio Broadcasting Market Competitive Landscape
21.1. Competitive Market Overview
21.2. Market Shares
21.3. Company Profiles
21.3.1. Time Warner Inc
21.3.1.1. Company Overview
21.3.1.2. Products And Services
21.3.1.3. Strategy
21.3.1.4. Financial Performance
21.3.2. Walt Disney
21.3.2.1. Company Overview
21.3.2.2. Products And Services
21.3.2.3. Strategy
21.3.2.4. Financial Performance
21.3.3. Comcast Corp
21.3.3.1. Company Overview
21.3.3.2. Products And Services
21.3.3.3. Strategy
21.3.3.4. Financial Performance
21.3.4. DISH Network Corporation
21.3.4.1. Company Overview
21.3.4.2. Products And Services
21.3.4.3. Strategy
21.3.4.4. Financial Performance
21.3.5. Viacom Inc
21.3.5.1. Company Overview
21.3.5.2. Products And Services
21.3.5.3. Strategy
21.3.5.4. Financial Performance
22. Key Mergers And Acquisitions In The TV And Radio Broadcasting Market
23. Market Background: Media Market
23.1. Media Market Characteristics
23.2. Media Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Growth, By Segment, Value ($ Billion), Global
23.3. Global Media Market, 2020, By Region, Value ($ Billion)
23.4. Global Media Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
23.5. Global Media Market, 2015-2020, 2020-2025F, 2030F, Segmentation By Type, Value ($ Billion)
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/iqiv09
