Cloud TV Market Size

Cloud TV Market size was valued at USD 1.57 billion in 2024 and is set to exceed USD 27.11 billion by 2037, expanding at over 24.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cloud TV is evaluated at USD 1.9 billion.

The growth of the market can be attributed to upsurge demand and usage of internet and high adoption rate of 5G technology. Moreover, growing demand for live video streaming and video on demand with user interactive viewing is expected to have a positive impact on the market. Cloud TV allow users to choose the programs a user want to watch from an archive of different programs or can opt for a specific live stream. Growing adoption rate of smartphones, tablets and smart televisions are some of the key factors for the growth of the market. According to a recent data published by Global System for Mobile Communications (GSMA), currently there are 5.27 billion people that have a mobile device in the world which means that 67.08% of the world’s population has a mobile device.