Asia Pacific Cloud Tv Market Size & Outlook, 2023-2030
The cloud tv market in Asia Pacific is expected to reach a projected revenue of US$ 2,102.8 million by 2030. A compound annual growth rate of 30.4% is expected of Asia Pacific cloud tv market from 2024 to 2030.
Revenue, 2023 (US$M)
$327.4
Forecast, 2030 (US$M)
$2,102.8
CAGR, 2024 - 2030
30.4%
Report Coverage
Asia Pacific
Asia Pacific cloud tv market highlights
- The Asia Pacific cloud tv market generated a revenue of USD 327.4 million in 2023.
- The market is expected to grow at a CAGR of 30.4% from 2024 to 2030.
- In terms of segment, public cloud was the largest revenue generating deployment in 2023.
- Public Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 327.4 million |
| Market revenue in 2030 | USD 2,102.8 million |
| Growth rate | 30.4% (CAGR from 2023 to 2030) |
| Largest segment | Public cloud |
| Fastest growing segment | Public Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Public Cloud |
| Key market players worldwide | Brightcove Inc, Dacast, Kaltura Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.3% of the global cloud tv market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,102.8 million by 2030.
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Cloud TV Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dacast | View profile | 11-50 | San Francisco, California, United States, North America | https://www.dacast.com |
| Kaltura Inc | View profile | 580 | 860 Broadway, 3rd Floor, New York, NY, United States, 10003 | https://www.kaltura.com |
| Brightcove Inc | View profile | 648 | 281 Summer Street, Boston, MA, United States, 02210 | https://www.brightcove.com |
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