Traditional TV & Home Video - Turkey

  • Turkey
  • In Turkey, the Traditional TV & Home Video market market is forecasted to achieve a revenue of US$2.31bn by 2024.
  • This revenue is anticipated to demonstrate an annual growth rate (CAGR 2024-2029) of 2.31%, leading to a projected market volume of US$2.59bn by 2029.
  • The average revenue per user (ARPU) is expected to be US$0.04k.
  • When compared globally, the in the United States is expected to generate the most revenue, reaching US$146.60bn in 2024.
  • By 2029, the number of TV Viewers in Turkey is projected to reach 68.2m users.
  • User penetration in the Traditional TV & Home Video market market is projected to be at 75.6% by 2024.
  • The average revenue per TV user (ARPU) in the Traditional TV & Home Video market market is estimated to be US$0.04k in 2024.
  • Turkey's Traditional TV & Home Video market is experiencing a shift towards digital streaming platforms, challenging the dominance of traditional broadcast channels.

Key regions: Asia, United Kingdom, China, Germany, Japan

 
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Analyst Opinion

The Traditional TV & Home Video market in Turkey has experienced significant growth in recent years, driven by changing customer preferences and local special circumstances.

Customer preferences:
In Turkey, customers have shown a strong preference for traditional TV and home video content. Despite the rise of streaming platforms, many Turkish consumers still enjoy the experience of watching television shows and movies on traditional broadcast channels or physical media such as DVDs. This preference for traditional TV and home video is rooted in cultural factors and the desire for a shared viewing experience with family and friends.

Trends in the market:
One of the key trends in the Traditional TV & Home Video market in Turkey is the increasing popularity of local content. Turkish TV shows, known as "dizis," have gained international recognition and have a dedicated fan base both domestically and abroad. This has led to a surge in demand for DVDs and Blu-rays of popular Turkish TV shows, as well as increased viewership on traditional broadcast channels. Additionally, Turkish consumers have shown a preference for purchasing physical copies of movies and TV shows, rather than relying solely on streaming platforms. This trend can be attributed to factors such as limited internet access in some areas of the country and the desire to have a tangible collection of favorite TV shows and movies.

Local special circumstances:
Turkey has a unique media landscape, with a strong emphasis on traditional TV and home video. This can be attributed to factors such as the country's geography, which includes rural areas with limited internet access, as well as cultural traditions that prioritize shared viewing experiences. Additionally, the Turkish government has implemented regulations that support the traditional TV and home video market, such as restrictions on foreign streaming platforms and the promotion of local content. These factors have contributed to the continued growth of the Traditional TV & Home Video market in Turkey.

Underlying macroeconomic factors:
The growth of the Traditional TV & Home Video market in Turkey is also influenced by underlying macroeconomic factors. Turkey has a large and growing middle class, which has increased disposable income and purchasing power. This has allowed consumers to invest in home entertainment systems and purchase DVDs and Blu-rays of their favorite TV shows and movies. Additionally, the Turkish economy has experienced steady growth in recent years, which has created a favorable environment for the Traditional TV & Home Video market to thrive.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on Traditional TV & Home Video and OTT (over-the-top) Services. All monetary figures refer to consumer spending on digital goods or subscriptions in the respective segment. This spending factors in discounts, margins, and taxes.

Modeling approach / Segment size:

The segment size is determined through a bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the segment size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, number of internet users, and internet consumption.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant segment. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.

Overview

  • Revenue
  • Analyst Opinion
  • Users
  • Media Usage
  • Global Comparison
  • Methodology
  • Key Market Indicators
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