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The Cloud TV Market Size is Expected to Grow from USD 1.2 Billion in 2020 to USD 4.2 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 21.9% during the Forecast Period.
The cloud TV platform is used to deliver audio, video, rich media, and other media content over the internet. Cloud TV is delivered over end-users handheld devices, such as smartphones, tablets, and connected TVs, through a wireless connection over the internet. It offers features such as live TV, video-on-demand, and web surfing.
Mobile phones and connected TVs segment to grow at the highest CAGR during the forecast period