Pre & Post COVID-19 Market Estimates-Conditional Access System (CAS) Market 2019-2023 | Increasing Adoption of Satellite TV to Boost Market Growth | Technavio
LONDON--(BUSINESS WIRE)--Apr 20, 2020--
The conditional access system (CAS) market is expected to grow by USD 1.09 billion during 2019-2023. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth, according to the latest market research report by Technavio. Request a free sample report
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200420005336/en/
Technavio has announced the latest market research report titled Global Conditional Access System (CAS) Market 2019-2023 (Graphic: Business Wire)
Over recent years, mandatory digitization regulations in countries such as India, China, Japan, Australia, and Africa have resulted in a rapid shift from the use of cable TV connections to satellite TVs. In addition, the availability of low-cost TV packages and the increasing adoption of broadband services has significantly increased the number of pay-TV subscribers across the world. These factors are increasing the growth of the global in-house entertainment market, which in turn, is influencing the growth of the global conditional access system (CAS) market.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31752
As per Technavio, the penetration of DCAS will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2019-2023.
Conditional Access System (CAS) Market: Penetration of DCAS
Vendors in the market are increasingly offering DCAS, a less expensive alternative to cable cards. DCAS performs secure access control and is backed with data processing and encryption processing capabilities, which can be securely updated through broadcasting or communication functions. Also, DCAS permits a dynamic security solution for the data content on the TV operators’ network. Many such benefits are increasing the penetration of DCAS, which is expected to boost the growth of the global conditional access system (CAS) market during the forecast period.
“Emergence of multi-screen TVs and the growing ambiguity pertaining to regulations on satellite broadcasting will further boost market growth during the forecast period”, says a senior analyst at Technavio.
Register for a free trial today and gain instant access to 17,000+ market research reports
Conditional Access System (CAS) Market: Segmentation Analysis
This market research report segments the conditional access system (CAS) market by application (television broadcasting services, internet services, and digital radio services) by type (smartcard-based CAS and cordless CAS), and geographic landscape (APAC, North America, Europe, South America, and MEA).
The APAC region led the conditional access system (CAS) market in 2018, followed by North America, Europe, South America, and MEA respectively. During the forecast period, APAC is expected to register the highest incremental growth due to the increased adoption of internet services and smart STBs in the region.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report
Some of the key topics covered in the report include:
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200420005336/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
INDUSTRY KEYWORD: ENTERTAINMENT CONSUMER ELECTRONICS TECHNOLOGY SATELLITE TV AND RADIO HARDWARE
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 04/20/2020 06:30 AM/DISC: 04/20/2020 06:30 AM