OTA Transmission Platform Market Value to Surpass USD 121.54 Million by 2026

According to the report published by Allied Market Research, the global OTA transmission platform market generated $92.50 million in 2018, and is estimated to reach $121.54 million by 2026, registering a CAGR of 3.4% from 2019 to 2026. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.

Surge in demand for wireless transmission, better picture quality, and improved channel presentation drive the growth of the global OTA transmission platform market. However, absence of necessary OTA infrastructure hinder the market growth. On the other hand, advent of Advanced Television Systems Committee (ATSC) 3.0 standards is expected to create new growth opportunities for market players during the forecast period.

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Based on component, the platform segment held the largest share in 2018, accounting for more than two-thirds of the total share, and is estimated to maintain its dominant position during the forecast period. However, the services segment is estimated to portray the highest CAGR of 4.7% during the forecast period.

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Based on application, the radio segment accounted for the largest share in 2018, holding nearly two-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, mobile segment is expected to register the highest CAGR of 6.0% from 2019 to 2026.

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Based on region, North America contributed the highest share, accounting for more than two-fifths of the total market share in 2018, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 6.6% from 2019 to 2026.

Leading market players analyzed in the research include Channel Master, AirTV L.L.C., Gemalto NV, GatesAir Inc., LG Electronics Inc., Harmonic Inc., Sinclair Broadcast Group Inc, One Media 3.0 LLC, TiVo Corporation, and SK Telecom Co. Ltd.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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