#Set top cloudtv overview driver
#Set top cloudtv overview tv

#Set top cloudtv overview tv

For instance, Nokia and AT&T are collaborating to advance 5G technology in the 39 GHz band, by finishing fixed wireless 5G tests with AT&T's Internet TV streaming service, DIRECTV NOW. Moreover, many Telecom vendors are investing in the progress of 5G technology, to strengthen cloud TV experience. The rising adoption of 5G technology and growing advancement in wireless communication is expected to enhance the market for cloud TV. Recently in 2018, Massive, a specialist UX vendor for the OTT industry, and Kaltura, a video technology provider serving more than 27 million cloud TV users monthly, have collaborated to improve customer loyalty and conversion and reduce churn rates, as well as increase the adoption of cloud TV. By 2021, mobile video is expected to drive 24% of the Internet video traffic. The growing adoption of IoT devices is further fueling the data generated. Companies, like Netflix and Amazon prime, are using various AI platforms to revamp the way the content is monetized. By 2021, mobile video is expected to drive 24% of Internet video traffic. Companies, like Netflix and Amazon Prime, are using various AI platforms to revamp the way the content is monetized. This platform eliminates the need for multiple service providers for cable and the internet, which is one of the primary selling points offered by the OTT service providers.

Cloud TV platform can be installed on any device, such as television sets, mobile phones, tablets, media boxes, which make it a tool with ease of accessibility. Another vital factor driving the growth of the global cloud TV market is the pre-installation of cloud TV apps of smart television sets to promote adoption. Additionally, the high demand for HD resolution in content consumption is expected to drive market growth.

#Set top cloudtv overview driver

A key driver of the global cloud TV market is the ability of cloud TV to provide HD capability for internet browsing, email, online gaming, and support for popular social networking platforms such as Skype, Twitter, and Facebook. Cloud TV applications are easily installed on personal electronic devices and do not require much memory. Cloud TV is essentially a cloud-based application which streams content such as TV channels, movies, shows, music, and several others. Market Overview The Cloud TV Market was valued at USD 1.96 billion and is expected to reach USD 3.31 billion, at a CAGR of 9.12% over the forecast period. Cloud TV Market offers overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts. Japan, Japan, Tue, 10:57:22 / Comserve Inc. The MarketWatch News Department was not involved in the creation of this content.