Global Pay TV Expected To Hit $1.1B In 2019
ABI Research says the worldwide pay TV market will climb to 1.1 billion in 2019 from 903.3 million in 2013. The overall pay TV market will pull in $320.3 billion in “service” revenue in 2019.
IPTV companies will nearly double to 161 million subscribers in five years from 92 million currently. IPTV will account for 15% of the overall worldwide pay TV market. It will total $37.2 billion in service revenue.
ABI says cable has been the slowest-growing segment, up 3% year-over-year with 570.2 million subscribers -- a 63% market share. Cable TV declined 1% in Western Europe in 2013 over the previous year and 1.5% in North America. Five years from now, worldwide cable TV subscribers will increase 11% -- with growth coming from Asia-Pacific and Latin American markets. Global digital terrestrial TV hit 9.5 million subscribers in 2013, with declining markets in Italy and Spain. Western Europe witnessed a 5% decline in 2013. Africa will grow digital terrestrial TV in the coming years, up to 4.8 million in 2019.