Transport Stream Monitor Market - The Growing Adoption of Handheld Devices, Such As Tablets, Smartphones, and Notebooks Among Consumers

Transport stream monitor is specially built for obtaining dependable monitoring of transport streams for broadcasters that want to provide their customers with high-quality service round the clock. It enables users to monitor compressed video, audio, and data services on any cable head-end, terrestrial broadcast, telco network, or satellite. Transport stream monitor helps in real-time local and remote monitoring of broadcast and network services. It also helps in detecting and correcting signal faults while transmission.

Increasing demand for high-quality live streaming technology is expected to drive the market for transport stream monitor significantly. Broadcasters, OTT services, and production studios have huge demand from consumers and are, therefore, creating large volume of high-quality content. Thus, changing demand of consumers for high-definition content is compelling broadcasters to adopt different delivery platforms and technologies, which is augmenting the growth of the global transport stream monitor market.

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However, stringent rules and regulations of different economies are anticipated to limit the reach of television broadcasters, which is anticipated to act as a retracting factor to the growth of the transport stream monitor market during the forecast period. Nevertheless, over-the-top television is expected to create new opportunities for the transport stream monitor market in the near future. This is largely due to the growing adoption of handheld devices, such as tablets, smartphones, and notebooks among consumers. Apart from this, rise in internet penetration is another major factor expected to boost the adoption of on-demand services across the world, thus impacting the transport stream monitor market positively.

The global transport stream monitor market can be segmented based on component, signal type, streaming type, end-user, enterprise size, and region. In terms of component, the market can be divided into hardware and services.

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The services segment can be further bifurcated into managed services and professional services. Professional services comprise consulting, system integration, and operation & maintenance. The managed services segment is estimated to account for the leading share of the transport stream monitor market throughout the forecast period. On the basis of signal type, the global transport stream monitor market can be classified into audio, video, and text/data. In terms of streaming type, the global transport stream monitor can be categorized into live streaming, linear TV, and video on demand streaming. With respect to end-user, the market can be segmented into commercial and government. Based on enterprise size, the global transport stream monitor market can be split into small & medium sized enterprises and large enterprises.