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Free to Air Services Market Trends

Report ID: GMI9960
Published Date: Jun 2024
Report Format: PDF

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Free to Air Services Market Trends

Many countries are transitioning from analog to digital broadcasting, which offers improved signal quality and the ability to broadcast more channels. This shift is driven by government mandates and technological advancements. FTA broadcasters are integrating their services with online streaming platforms to offer a hybrid viewing experience. This approach caters to the growing demand for on-demand content while maintaining traditional broadcast methods. With advancements in data analytics, FTA broadcasters are adopting targeted advertising techniques to deliver personalized ads, improving ad effectiveness and revenue potential.

The increasing popularity of smartphones and tablets is driving the growth of FTA content consumption on mobile devices. Broadcasters are developing dedicated mobile apps and optimizing content for smaller screens to cater to this trend. For example, DTH service offered by TATA Group, known as TATA Play, offers an app where the user can view TV programs on their phone. The platform also offers a hybrid viewing experience by integrating subscriptions of various online streaming platforms with its package. There is a growing focus on regional programming to cater to local tastes and preferences. This includes broadcasting content in regional languages and focusing on region-specific issues and events.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for free to air services was worth USD 116.1 billion in 2023 and will expand at 9.5% CAGR between 2024 and 2032 owing to the increasing adoption of digital television and the rising demand for cost-effective entertainment options.

The television segment will register 9% CAGR through 2032, propelled by the widespread accessibility of televisions and longstanding viewer preference for traditional broadcast content.

Asia Pacific industry captured 40% market share in 2023 due to the region's large and diverse population, rapid urbanization, and increasing disposable incomes.

Key players operating in the free to air services industry are Australian Broadcasting Corporation, British Broadcasting Corporation, China Central Television, Columbia Broadcasting System, Die ARD, Fuji Television Network, Inc., Nine Entertainment Co. Holdings Limited, Nippon Hoso Kyokai (Japan Broadcasting Corporation), Public Broadcasting Service, and Seven West Media Limited among others.