Market Insights– Playout Solutions Marketĭespite automation is holding the key to a prosperous future in every industry, the introduction of 5G technology is acting as an automation propeller.
#Wrestlemania 2018 match order pdf
Get more information on this report : Request Free Sample PDF Lucrative Regions in Playout Solutions Market Moreover, the number of OTT providers is increasing, battling for streaming rights of various sports, including cricket, hockey, and others. In addition to this, SonyLIVa, JioTV, and among others are also known to be popular live streaming services. For instance, Hotstar, India’s homegrown streaming platform, leads the country’s OTT space. Increasing access to data in rural areas has dramatically uplifted the streaming video market. India ranks second in the ownership of smartphones, entitling it as one of the largest markets for personalized sports broadcast services. Moreover, subscription-based over-the-top (OTT) platforms such as Netflix are gaining traction in Asia. The broadband proliferation is increasing across the Asia-Pacific owing to the on-demand consumer viewing.
The demand for enriched video experiences is expected to pave the way for broadcasters across the world, especially in Asia.
Such demand from users for the personalized sports broadcast services will attribute to the growth of playout solutions market Recently, Amazon obtained broadcasting rights of European Soccer Champions League matches in Germany, strengthening its sports content portfolio. In the US, increasing shift towards digital video platforms along with increasing bidding from Amazon and Facebook for sports streaming rights is changing the sports landscape in the country. The transition is mainly being driven by standalone streaming services, linear over-the-top (OTT) providers, and companies like Amazon, Facebook, and Twitter, bidding for streaming rights.
Emerging technology and innovative workflows are transforming live sports production. The sports broadcasting industry is undergoing revolutionary innovations with technological developments to provide a better experience for users. Increasing demand for personalized broadcast services is attributing to the growth of the market. The playout solutions market expected to grow from US$ 1019.6 million in 2020 to US$ 1719.2 million by 2027 it is estimated to grow at a CAGR of 7.7% from 2020 to 2027. Minimally Invasive/Non-Invasive Surgery.Aerospace & Defense Systems & Technologies.