Cable TV has been quickly outpaced by streaming services which is causing many consumers to ditch their existing subscriptions, so the 'TV PLUS' has been unveiled as a device and service designed with modern needs in mind.
The device and service has been developed for the Swiss market and is reported to cost as much as 50% less than traditional services that are presently available. The streaming box itself will provide access to over 200 live TV channels as well as over 5,000 series and movies, while also connecting to YouTube and Netflix to further enhance the streaming capabilities.
The 'TV PLUS' service and TV box is easy to set up and can even be used in a mobile manner by letting users bring it with them wherever they go.
Why This Trend Is Growing
- Mobile TV Streaming
- Developing mobile streaming services could offer more convenience to consumers who are always on the move and provide more value to those that are looking for more economical options.
- Cost-effective Streaming Devices
- Developing low-cost streaming devices that offer a wide range of streaming options could be an opportunity for companies to capture a share of the market from traditional cable TV providers.
- Integration of Popular Streaming Services
- Integrating popular streaming services such as YouTube and Netflix into streaming devices could increase the value proposition for consumers and potentially increase adoption rates.
Industries Being Reshaped
- Media & Entertainment
- Many individuals are opting for streaming services and traditional providers could benefit from developing more cost-effective and mobile options to remain competitive.
- Technology
- Developing innovative streaming devices that integrate with popular streaming services could provide new business opportunities and increase revenue growth.
- Telecommunications
- Low-cost streaming devices and mobile TV services could be an opportunity for telecommunications companies to expand their offerings and gain a competitive edge in the market.
