Advanced Television Systems Committee Market Scope
Advanced Television Systems Committee (ATSC) is a non-profit organisation with the mission of developing voluntary standards for digital television technology. As new ATSC standards, such as ATSC 3.0, are adopted worldwide, the adoption of Next Gen TV is expanding at a rapid rate within the Advanced Television Systems Committee (ATSC) broadcast systems & services industry. The limitations of the obsolete ATSC 1.0 are driving the rapid deployment of ATSC 3.0. ATSC 3.0 is also the first television standard based on the Internet Protocol (IP). With major advancements in technology and ATSC 3.0, Ultra HD 4K TV, frame rates of about 120 Hz, and better TV reception are predicted. While the demand for high-quality content among consumers continues to grow, technical improvements in the broadcast business will be critical in meeting it.
The Advanced Television Systems Committee market study is segmented and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Advanced Television Systems Committee market throughout the predicted period.
Channel Master (United States), Cisco Systems, Inc. (United States), GatesAir Inc. (United States), LG Electronics Inc. (South Korea), Mitsubishi Electric Corporation (Japan), ONE MEDIA 3.0, LLC (United States), Samsung Electronics (South Korea), Vientos Alisios Co., Ltd. (Aruba), Zenith Electronics, LLC (United States) and Harmonic, Inc. (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Advanced Television Systems Committee market by Type, Application and Region.
On the basis of geography, the market of Advanced Television Systems Committee has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 13th January, 2021 - LG Electronics (Co-developer of the ATSC 3.0 Next-Generation Television Standard) Announced 2021 NEXTGEN TVS. LG's NEXTGEN TV range for 2021 Includes OLED "evo" Technology, Which Is the Next Phase in The OLED TV Development, Delivering Greater Luminosity for Brighter, Punchier Pictures.
- Growing Awareness of Next-Generation TV Systems
- Demand For Enhanced Quality Content
- Rising Adoption of ATSC Systems Among Broadcasters
- Increasing Adoption Across Emerging Regions
- High-Cost Expenses
- Skewed Player Distribution
- Fierce Competitive Pressure
- High initial Investment
Key Target AudienceAdvanced Television Systems Committee Solutions Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Advanced Television Systems Committee Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.