APAC Market Statistics
Asia Pacific free-to-air services market is poised to hold revenue share of over 40.6% by the end of 2037, Exhibiting a 9.7% CAGR, it is poised to reach USD 57.6 billion by 2025 due to a growing audience and advancing technology. Rapid digital transformation is shaping the new generation of FTA service providers. The region is filled with opportunities for a remarkable boost in the development of this sector. The investment structure is also creating scopes for future funding. The free trade agreements provide access to external market leaders to capture large Asian markets. Key Players are investing to acquire media and telecommunication companies to expand their portfolio. In June 2023, Asia Satellite Telecommunications Co. Ltd. acquired a 100% share of Lightning International Limited to extend its reach to global audiences through traditional and new distribution platforms.
India is emerging to be one of the largest FTA services market by the end of the forecast year. Governmental support for the re-introduction of advanced FTA broadcasting has greatly influenced the market to grow higher. Authorities are also launching their own FTA service packages to inspire development in the market. According to a notice issued by Prasar Bharati, in August 2024, they are inviting private TV channels to allot them with DD Free Dish. Such an initiative inspires other companies to penetrate more FTA services in their networking systems, further enlarging the market.
The continuous population growth is intriguing the China free-to-air services market. The country holds greater future opportunities for investment in the integration of technologically advanced networking facilities. China government has gradually relaxed the trade regulations for foreign participants in media and broadcasting. Further allowing foreign investment in this region’s FTA services sector. FTA satellite channels such as China Central Television 4, China Global Television Network Francais, CGTN Documentary, and others are also promoting the local FTA services. Their diverse content offerings are becoming audience preference due to originality. With the growing internet penetration, more viewers are accessing FTA channels, expanding the market.
North America Market Analysis
North America free-to-air services market encompasses a variety of radio and television broadcasting options, promoting an enlarged audience. The region holds major market players such as ABC, CBS, NBC, and FOX, offering a range of programming. The Federal Communication Commission ensures to delivery of regulation-compliant broadcasting services, bringing diversity to media ownership. In this region, companies are investing in developing FTA technology for improved sound and picture quality. This leads to innovation in content presentation and increased viewer engagement.
The U.S. transitioned to digital broadcasting, which stimulated the free-to-air (FTA) services market to evolution. With enhanced quality and quality of channels, the viewer experience has been improved to grab a larger audience. The programs are now achieving record-high results of engagement. According to an IMDb report published in January 2024, the NFL’s Wild Card matchup streamed on Peacock TV, recorded the biggest live-stream event. The report further states that around 23 million viewers were engaged through the show.
Canada is also accounting for reaching noticeable heights in the growth of the FTA services market. Television broadcasting and radio channels are some of the augmenting segments in the sector, due to their popularity in cost-conscious consumers. Amazing Discoveries TV, Arraata Biyyoolessa Oromiyaa, CTV 2 Vancouver Island, and others are evolving their technologies to hold their market position. Widespread FTA broadcasts in urban and rural areas across the country are leveraging the industry.
Author Credits: Abhishek Verma
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