The global market for media transport services has almost doubled in under ten years to $16.5 billion, according to Przemek Bozek, Senior Analyst, at IHS Technology.
“The global market for media transport services reached $16.5 billion in 2013 from $8.3 billion in 2006. During this period, traditional providers from satellite, teleport and terrestrial verticals recorded a doubling of revenues while fibre and CDN markets increased by three times and six times, respectively.
Media transport industry encompasses services offered by satellite, fibre, Content Delivery Network (CDN), terrestrial operators and teleport service providers for uplink and downlink to media & entertainment companies. Collectively these five groups nearly doubled in size between 2006 and 2013. The future outlook looks very promising with an expected CAGR of 6 per cent in the next four years.