The US television market fell a steep 9% in 2013 despite the usual last-minute rally during the holiday season in the fourth quarter, which failed to compensate for low demand among Americans throughout the year, according to a new report from IHS Technology (NYSE: IHS).
More than 1.7 billion devices capable of accessing OTT broadband content such as Netflix and Hulu are set to ship by the end of 2013.
The global installed base of conditional access (CA) clients in set-top boxes is expected to exceed 1 billion units for the first time in 2014.
The bad news for the television market is that nearly three-quarters of US consumers are not interested in buying a smart TV during the next 12 months.
The value of the European cable industry grew more than 5% in 2012 and future growth potential remains robust, according to a new report from IHS, produced in collaboration with Cable Europe.
“Studios are now in a position to go direct-to-consumer with Over-the-Top services. HBO is well placed to seed the UK market,” according to Guy Bisson, director of TV at IHS Electronics & Media.
Amid a plunge in subscribers for cable, and now satellite providers, IPTV was the only segment of the US pay-TV market to achieve growth in the second quarter.
Small to medium-sized channels could opt for over-the-top delivery alone between five and ten years, according to a new report from IHS Screen Digest.