The Global Digital Terrestrial Television (DTT) Market is Projected to Reach 486.2 Million Household Connections by 2024
Progressive Move Towards Digital
Transmission of TV Broadcast Drives Growth of Digital Terrestrial Television
(DTT), According to New Report by Global
Industry Analysts, Inc.
GIA
launches comprehensive analysis of industry segments, trends, growth drivers,
market share, market size and demand forecasts on Digital Terrestrial
Television (DTT). The
global Digital Terrestrial Television (DTT) market is projected to reach 486.2
million household connections by 2024, driven by the progressive move
towards digital transmission of TV broadcast by governments and TV broadcasters
across the world.
Migration
from analog transmission to digital transmission of TV broadcast has gathered
steam over the past two decades in various parts of the world. While
inadequacies of analog technology have a greater role in such migration,
unmatched capabilities of digital platform in delivering high-quality TV
transmission stood as a major driver. Digital technology facilitates
transmission of more channels and enables high-quality sound and picture
resolution while accommodating novel services not possible with other TV
technologies. Since digital technology efficiently utilizes the allotted radio
spectrum, the platform allows release of valuable spectrum for other services
such as mobile and broadband networks. Along with satellite TV and cable TV, digital
terrestrial television (DTT) represents a major format for digital TV transmission.
DTT is much
cheaper and extensive than satellite and cable TV platforms, and holds immense
potential in delivery of highly attractive, economical and multi-channel TV
service to a huge audience. DTT can seamlessly facilitate introduction of HD and
full-HD services as well as ultra-HD (UHD) services to TV viewers across the
board. DTT has already achieved huge
penetration in the domain of traditional linear TV programming in the
free-to-air (FTA) format and is also gaining traction in the non-linear,
on-demand vertical through hybrid TV platform. Ongoing governmental thrust
towards switch-off of analog transmission and launch of digital TV
infrastructure would be instrumental in future growth of the world DTT market.
A large
portion of DTT infrastructure is reliant on the DVB-T, the European technical
standard for DTT transmission. Technical superiority of DVB-T technology in
delivering a wide array of services including multi-channel SD-TV, portable/handheld/mobile
TV and HDTV, continues to fuel the adoption of DVB-T technology. DVB-T2, the
updated version of DVB-T technology, represents the most advanced DTT system in
the world and is currently gaining huge market traction. Countries where DVB-T2
is already deployed and countries that are yet to launch DTT services are adopting
the new DVB-T2 standard.
As
stated by the new market research report on Digital
Terrestrial Television, Asia-Pacific represents the largest market
worldwide. Trailing at a CAGR of 9.1 % over the analysis period, the region also
represents the fastest growing market. While massive move towards DTT by
governments in the region continues to widen the audience base for DTT,
presence of huge base of residential households has a strong bearing on the DTT
market growth in the region.
Major
players in the market include Arelis Group, ARRIS International plc, GS Group,
Koninklijke Philips N.V., Sagemcom, Sichuan Changhong Network Technologies Co.,
Ltd., STRONG Ges.m.b.H., Technicolor SA, TechniSat Digital GmbH, TELE System
Digital Srl and Televes.
The
research report titled “Digital
Terrestrial Television: A Global Strategic Business Report” announced by
Global Industry Analysts Inc. provides a
comprehensive review of market trends, issues, drivers, mergers,
acquisitions and other strategic industry activities of global companies. The
report provides market estimates and projections of Digital Terrestrial
Television in terms of dollar sales for all major geographic markets such as
the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia,
Turkey and Rest of Europe), Asia-Pacific (Australia, China, and Rest of
Asia-Pacific), Latin America (Brazil, Mexico and Rest of Latin America), and
Rest of World.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA,
All Rights Reserved.
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