However, according to the latest report from Digital TV Research, revenues will decline by $25 billion over the same period.
Commenting on the findings of the report, Simon Murray, principal analyst at Digital TV Research, said: “Between 2021 and 2027, 86 countries will add pay-TV subs and 52 countries will lose subscribers. Most of the countries gaining pay-TV subscribers are developing nations, with low ARPUs. The US will be the biggest loser – down by 12 million subscribers”.
IPTV will add 79 million subscribers globally between 2021 and 2027 to take its total to 439 million. Meanwhile, satellite TV will lose 10 million subscribers between 2021 and 2027.
Revenues will decline in 70 of the 138 countries between 2021 and 2027, with those in the US falling by $19 billion. Global satellite TV revenues will drop by $14 billion, with digital cable down by $10 billion. Analogue cable will lose $1 billion and IPTV grow slightly.