The Business Research Company’s latest report TV And Radio Broadcasting Global Market Report 2020 covers TV And Radio Broadcasting market drivers, TV And Radio Broadcasting market trends, TV And Radio Broadcasting market segments, TV And Radio Broadcasting market growth rate, TV And Radio Broadcasting market major players, and TV And Radio Broadcasting market size. The report provides in-depth analysis of the impact of COVID-19 on the TV And Radio Broadcasting industry, along with revised market numbers due to the effects of the coronavirus.
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TV And Radio Broadcasting Global Market Report 2020 is the
most comprehensive report available on this market and will help gain a truly
global perspective as it covers 60 geographies. The chapter on the impact of
COVID-19 gives valuable insights on supply chain disruptions, logistical
challenges, and other economic implications of the virus on the market. The
chapter also covers markets which have been positively affected by the
pandemic.
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The global TV and radio broadcasting market is expected to
decline from $351.1 billion in 2019 to $337.3 billion in 2020 at a compound
annual growth rate (CAGR) of -4%. The decline is mainly due to economic
slowdown across countries owing to the COVID-19 outbreak and the measures to
contain it. The market is then expected to recover and grow at a CAGR of 5%
from 2021 and reach $391 billion in 2023.
The global TV and radio broadcasting market is segmented by
type into radio broadcasting, television broadcasting, by broadcaster type into
public, commercial. Subsegments covered are radio station, radio network,
television station, television network.
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