OTT TV episodes and movies revenues for 22 countries in the Asia Pacific (APAC) region will reach $54 billion in 2026.
The number of pay-TV subscribers in the Asia-Pacific region is set to rise from 609 million at the end of last year to 630 million by 2026.
Asia Pacific will have 467 million SVOD subscriptions by 2025, up from 267 million in 2019, according to Simon Murray’s Digital TV Research.
The Asia Pacific pay-TV sector is the most vibrant in the world, with subscribers forecast to increase by 45 million and revenues up by $1.40 billion over the next five years.
The Asia-Pacific (APAC) region is poised to witness the highest growth in the global telecom and pay-TV market between 2019 and 2024
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.