Despite adding 84 million subscribers between 2017 and 2023, subscription and PPV revenues for the world’s top 517 pay TV operators will fall by $18 billion to $183 billion.
Global pay-TV revenues peaked in 2016 at $205 billion. Revenues will fall by 11% to $183 billion in 2023, despite the number of pay-TV subscribers rising by 9%.
Pay-TV numbers in Sub-Saharan Africa will continue to grow to reach around 46% of total households, forecasted to increase their reach in African homes with more than 37 million subscribers in 2023, according to Dataxis.
Digital TV Research forecasts 95 million additional pay-TV subscribers between 2017 and 2023 to take the global total to 1.10 billion.
The Asia Pacific pay-TV sector is bucking the downward trends in much of the rest of the world.
The number of pay-TV subscribers in Asia owning a 4K set top box reached 53.6 million at the end of 2017. according to Dataxis.
21% of US pay-TV subscribers say they subscribe to an online video service through their pay-TV provider, up from 10% a year ago, according to Parks Associates.
SVoD subscriptions in Australia growing strongly, according to new analysis from Ampere Analysis.
Western European pay-TV will gain subscribers between 2017 and 2023. Although this only represents a 2.6% increase, the Western Europe Pay TV Forecasts report estimates nearly 3 million more subs to take the total to 106 million.
Digital pay TV subscriptions around the world, including cable, satellite and IPTV, exceeded one billion for the first time in 2017.