Latin America will have 100.35 million SVOD subscriptions by 2025, or more than double the 42.15 million recorded at the end of last year, according to Digital TV Research.
The pay-TV sector is expected to add a further 35 million more subscribers over the next five years, according to Digital TV Research.
Subscription video-on-demand services in Western Europe are expected to grow by around 45 million subscribers in 2020, with the Covid-19 outbreak providing a significant boost to the figures.
The number of pay-TV subscribers in Western Europe will fall to below 100 million by 2025.
Having peaked at $112 billion in 2015, pay-TV revenues in Canada and the US are set to fall by $50 billion to $62 billion in 2025.
Digital TV Research has upgraded its forecasts for new entrant streaming service Disney+.
The amount of revenue derived from subscription–video-on-demand in the African market is expected to increase by six times the current value by 2025.
Africa will have 47.26 million pay-TV subscribers by 2025, up from 30.70 million at end-2019. Nigeria will contribute 10 million subscribers by 2025 – having overtaken South Africa in 2020.
Five global platforms will have a total of 529 million SVOD subscribers by 2025.
Digital TV Research estimates that pay-TV subscribers increased by 26 million in 2018 across 138 countries. This took the number of pay-TV subscribers beyond 1 billion.