Latin America’s pay-TV subscriber base is forecast to stay steady at 61 million up until 2028.
However, according to the latest report from Digital TV Research, this is down from the peak of 73 million in 2017.
The report notes that Brazil’s decline has bottomed out and its pay-TV total will remain at 12.5 million, or less than a fifth of TV households. Mexico has more pay-TV subscribers than Brazil despite having many fewer TV households. It has also lost subscribers since its peak year of 2016 (21 million) but will settle at 17-18 million.
Commenting on the findings of the report, Simon Murray, principal analyst at Digital TV Research, said: “There is a shift away from satellite TV to IPTV, which also provides broadband access”.
Pay satellite TV will lose nearly 4 million subscribers between 2022 and 2028. At the same time, there will be 11.5 million paying IPTV homes by 2028, up from 7.9 million in 2022.
