The global cable television network market is anticipated to grow at a moderate CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for digital content along with the tailored made content for each individual. In the last three months, many TV cable providers across the world like Disney, NBC Universal, WarnerMedia, and many others have made a shift in their organizations and have started providing streaming services such as Disney+, HBO Max, Discovery+ via cable networks. This is expected to grow the demand for the market during the forecast period.
Cable TV providers are providing popular TV shows, series, movies, documentaries, and many other things to grow the population of keen and curious subscribers. The TV providers are also using high definition (HD) broadcasting and freedom to make personalize suites for the consumers which will drive the segment growth during the forecast period. In May 2019, Comcast announced that it will acquire Deep Blue Communication who is an industry leader in engineering, installing, and managing commercial networks. Since acquisition company has decided to operate as a wholly-owned subsidiary of Comcast cables under the brand Deep Blue Communications.
There has been an emergence of a two-way cable television system which has provided cable operators opportunities to cater larger audience base. This two-way channel cable system will help consumers to interact with consumers via information systems within the system. Users can participate in public opinion polls and can see various kinds of graphics and written materials. This will fuel the demand for the market during the forecast period. Some of the key players in the global cable television network market include Cox Enterprises Inc., Comcast Corporation, Time Warner Cable Inc., Viacom Inc., Vivindi SA, and many others.
Market Coverage
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Cable Television Network Market by Services
Global Cable Television Network Market by Region
North America
Europe
Asia-Pacific
Rest of the World