The Business Research Company Global Television and Radio Broadcasting Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, Feb. 9, 2022 /EINPresswire.com/ — According to “Global TV and Radio Broadcasting Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026” published by The Business Research Company, the Broadcasting and radio market size is expected to grow from $374.55 billion in 2021 to $401.25 billion in 2022 at a compound annual growth rate (CAGR) of 7.1 %. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities that resulted in operational challenges. The market is expected to reach $504.0 billion in 2026 at a CAGR of 5.9%. Rising demand for VR content is expected to drive TV and radio broadcast growth in the future.
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The global television and radio broadcasting market includes revenue generated from the sales of television and radio programs, the sale of airtime to advertisers, and donations and grants, earned by entities (organizations, individual companies and partnerships) that operate broadcast studios. and 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 Market Trends
Companies in the TV and radio industry are deploying technologies to allow users to access their content on mobiles and website portals. Access to various platforms and devices has increased relative to the demand for television and radio broadcasting services.
Segments of the global TV and radio market
The global TV and radio market is segmented:
By type: Broadcasting, Television broadcasting
By type of broadcaster: public, commercial
By Application: Residential, Government, Airports, Hospitals, Institutes, Others
Sub-Segments Covered: Radio Station, Radio Network, Television Station, Television Network
By Geography: The global radio and television broadcasting market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe represents the largest share.
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The Global TV and Radio Broadcasting Market Report 2022 is part of a series of new reports from The Business Research Company that provides TV and Radio Broadcasting market overviews, size and forecast analysis and forecasts. Market Growth for Global TV and Radio Broadcasting Market, TV and Radio Broadcasting Market Share, TV and Radio Broadcasting Market Segments & Geographies, TV and Radio Broadcasting Market Players, Revenue, Profiles and market shares of the main competitors in the TV and radio broadcasting market. The TV and Radio Broadcasting Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s 2022 Global Television and Radio Broadcasting Market Report includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: AT&T Inc., Charter Communications Inc., CBS Corporation, Twenty-First Century Fox, Inc., Liberty Global, DISH Network Corporation, Comcast Corporation, Discovery Inc., The Walt Disney Company, and Liberty Media Corporation.
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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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets.