Cloud TV Market Set to Surpass USD 6.7 Billion by 2030, Driven by Surge in Streaming Demand and Technological Advancements


Posted June 23, 2025 by Mohan9989

The global Cloud TV Market, valued at USD 3.9 billion in 2024, is poised for significant expansion, projected to reach USD 6.72 billion by 2030.

 
The global Cloud TV Market, valued at USD 3.9 billion in 2024, is poised for significant expansion, projected to reach USD 6.72 billion by 2030, growing at a CAGR of 11.5% during the forecast period (2025–2030), according to the latest industry report.

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Cloud TV is revolutionizing content delivery by shifting away from traditional broadcast models towards cloud-native platforms that enable seamless, personalized, and on-demand video streaming. This evolution is powered by growing global internet penetration, increasing smart device adoption, and a consumer preference for flexible, bingeable viewing experiences.

Key Market Insights:

Over 85% of households in developed nations now own at least one smart TV.

Video streaming accounts for 65% of global consumer internet bandwidth usage.

The average user subscribes to 4.5 different streaming platforms.

Cloud infrastructure spending by media firms exceeded USD 25 billion in 2024.

Free Ad-supported Streaming TV (FAST) witnessed 40% user growth, reaching 1.5 billion monthly active users.

Market Growth Drivers:

The explosive demand for on-demand content, driven by evolving viewer habits.

Rapid advancement in cloud infrastructure and 5G deployment, enabling high-quality, low-latency streaming.

Integration of interactive features, including cloud gaming, shoppable content, and targeted advertising.

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Challenges & Opportunities:

While the market faces challenges such as infrastructure gaps in emerging regions and subscription fatigue, new opportunities abound in AVOD/FAST models, AI-powered personalization, and green cloud infrastructure investments.

Segment Insights:

Hybrid cloud models are the fastest-growing segment due to their balance of flexibility and security.

Platform as a Service (PaaS) is accelerating Cloud TV innovation by streamlining application development.

Advertising-based revenue models are outpacing others, driven by the surging popularity of free, ad-supported streaming content.

Regional Highlights:

North America dominates with a 38% market share, fueled by mature infrastructure and major players.

Asia-Pacific is the fastest-growing region (25% share), led by booming smartphone usage and local content platforms.

COVID-19 Impact:

The pandemic was a pivotal catalyst, dramatically increasing streaming adoption and accelerating the digital transformation of traditional broadcasters, setting the stage for long-term market growth.

Latest Trends:

Rise of Free Ad-supported Streaming TV (FAST)

Integration of cloud gaming with smart TVs

AI advancements in content automation and moderation

Sustainability push with green data center initiatives

Key Industry Players:

Amazon Web Services (AWS)

Microsoft Azure

Google Cloud Platform

Akamai Technologies

Kaltura

Brightcove Inc.

Amagi

Harmonic Inc.

Cloudflare

Roku Inc.

As the boundaries between television, gaming, e-commerce, and social media continue to blur, the Cloud TV market stands at the forefront of a new era in digital entertainment. The next five years will be defined by innovation, collaboration, and a race to capture the attention of the global streaming audience.
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Categories Media , Software , Technology
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Last Updated June 23, 2025