Asia Pacific OTT TV episode and movie revenues will reach $48 billion in 2024; up from the $21 billion recorded in 2018. According to the Asia Pacific OTT TV and Video Forecasts report, the total will increase by $5 billion in 2019 alone.
SES has announced that its newest satellite, SES-12, is now ready to serve its video, fixed data, mobility and government customers across Asia-Pacific and the Middle East.
Online video revenue, comprising net ad spend and subscription fees, will grow at an 18% CAGR across Asia Pacific between 2018 and 2023, climbing from $21 bil. in 2018 to $48 bil. by 2023.
IPTV is driving growth in Asia-Pacific, where cable has a strong footprint, according to the latest research and analysis by IHS Markit.
Three Chinese companies will top the Asia Pacific SVOD rankings by subscribers in 2023.
Zattoo TV Solutions enters the next phase of its global expansion by setting up an office in the Asia Pacific region.
According to the latest research conducted by Dataxis, FTTx will be the strongest growing fixed broadband access in Asia-Pacific, growing at a CAGR of 35% during 2012-2022.
SVOD [subscription video on demand] subscriptions are forecast to reach 546 million by 2022; double the 263 million recorded by end-2016, according to the Global SVOD Forecasts report which covers 621 platforms in 138 countries.
The Eutelsat 172B satellite is in the final stages of preparation at the Airbus Defence and Space facility in Toulouse and will be boarded onto a special flight to French Guiana on March 20.
Unlike most of the rest of the world, the Asia Pacific pay-TV sector is vibrant, with subscribers and revenues forecast to rise over the next five years.