Who Are We?
We are PayCly, the most loved and one of the best IPTV Payment GatewayProviders in Southeast Asia, especially in Singapore. Despite the IPTV industry being considered high-risk, we offer our state-of-the-art services to IPTV merchants as we specialize in High-Risk Payment Gateway. Along with a payment gateway for IPTV merchants, we also provide IPTV Merchant Account.
What is IPTV?
The International Telecommunication Union defined IPTV as multimedia services such as television/video/audio/text/graphics/data delivered over IP-based networks managed to provide the required level of quality of service and experience, security, interactivity, and reliability.
In simple words, Internet Protocol Television (IPTV) refers to the transmission of television (video and audio) over data networks such as digital subscriber lines (DSL), cable modems, fiber networks, and wireless broadband using internet protocol. IPTV broadcasters either send multimedia data signals directly to viewers, or they can send the data to multicast distribution points that then retransmit the digital television signals to viewers. IPTV services are mainly subscription based.
How Is It Different From Traditional TV?
In a traditional cable or satellite TV, it’s necessary to have a copper-wired connection to watch the TV. Traditional cable TV does not support high-quality content, demanded videos, and has limited and fixed broadcasting programs. The technological age we are in is susceptible to the services they use. Even Full-HD services are not supported by cable TV due to the low bandwidth over copper. Nowadays, people demand 4K and 8K video content that is only possible over IPTV as it supports high bandwidth.
Why Do Customers Prefer IPTV over Traditional TV, Nowadays?
IPTV systems give viewers more control over television services. This control covers everything from real-time television on-demand controls to rapid service activation. A few of the cutting-edge Internet television features, including multimedia programming, worldwide television channels, anywhere television extensions, and personal media channels, are described. Along with delivering a variety of TV channels, IPTV also offers services like live television, near video on demand, time-shifted TV, TV on demand (TVoD), and others. Network security and IPTV deployments guarantee a professional experience, fostering a stimulating business climate for advertising and content providers alike.
IPTV is a safe and trustworthy method of streaming entertainment content, live feeds, and other services over an IP data network. On smart TVs, set-top boxes, and smart mobile devices like smartphones and laptops, encoded streams, broadcast TV, VOD, and interactive TV services are safely provided across a network utilizing the IP protocol.
Comparatively speaking, IPTV is a larger platform than traditional television. An IPTV merchant can supply an endless amount of high-quality content using Internet Protocol because it is not restricted to providing streamlined content like TV. With subscriber-based ISP networks, the technology is widely deployed, and high-speed service is offered via set-top boxes, fiber networks, or any other mode. Both private and corporate networks make extensive use of the IPTV network. The services, which include browsing and viewing content, are frequently categorized as live television, media, and video on demand.
How Large is the IPTV market?
According to Researchandmarket, at present, nearly 360 million IPTV users exist worldwide, and about 79 million subscribers will add globally between 2021 and 2027 to take its total to 439 million.
According to Businesswire research on IPTV, the industry is anticipated to increase from $70.5 billion in 2020 to $84.22 billion in 2021, with a 19.5% compound annual growth rate (CAGR). Further, it is anticipated to reach$152.3 billion in 2025 at a CAGR of 16%. The rise is primarily attributable to the businesses restarting operations and adjusting to the new normal as they recover from the COVID-19 impact, which had previously resulted in tight confinement measures such as social isolation, remote work, and the shutdown of commercial activities that created operational difficulties.
An important reason fueling the expansion of the internet protocol television (IPTV) market is consumers’ increased preference for video-on-demand (VoD) services. Internet Protocol TV’s innovative video-on-demand (VoD) function offers customers a variety of available videos to choose from. The Real-time Streaming Protocol is used to send the video across the internet. VoD has been incredibly popular recently, which has increased the use of smart TVs.
How IPTV Business Benefiting Merchants?
Several reports indicate that the IPTV market is booming with a notable growth rate of around 20% YOY. Internet penetration is reaching a record high. The equipment, including phones, tablets, laptops, and televisions, is made with high-quality video support. When a person has a device that supports high-quality content, the person becomes curious to get the content as soon as possible. The only high-quality video & audio content provider with seamless services is IPTV providers.
The R&M report mentioned above stated the estimated IPTV user is around 360 million. Still, other reports show the number is under-rated, and the IPTV user base has already reached a billion. The capital of the IPTV market also reached more than half a trillion.
With the technological expansion, the IPTV industry will also witness simultaneous blossoming. The industry is very profitable as video on demand is being preferred by a maximum number of users, which gives a merchant extra benefits.
In IPTV, every customer has assigned a unique IP address that enables specific advertising of products and services based on their use and region. A merchant’s IPTV business can generate a use amount by the particular advertising facilities.