With growth fuelled by the demand for triple-play services and premium content, the Balkan market of Bosnia and Herzegovina has grown by 60% over the last five years.
Three-quarters (76%) of TV content viewers report subscribing to a traditional pay TV—cable, satellite, or telco—service, down from 86% in 2014, reveals the latest data from Horowitz Research’s State of Pay TV, OTT and SVOD.
Despite the competition from OTT video services, the worldwide pay TV market has been growing at a steady pace.
The Pay-TV market in the former USSR countries in Europe will grow at a 1.6% CAGR between 2017 and 2023 to reach 59.7 million subscribers, according to Dataxis research.
The largest pay-TV providers in the US, representing about 95% of the market, lost about 305,000 net video subscribers in 1Q 2018 according to Leichtman Research Group.
OTT video services to climb to US$51.4 billion in 2022 creating more pressure on traditional pay-TV services, according to ABI Research.
New research from Parks Associates shows that 27% of US pay-TV households agree that sports programming is the primary reason they subscribe to their pay-TV service.
52% of US broadband households have a subscription to both pay-TV and one or more OTT video services, according to Parks Associates.
According to Dataxis latest research, on 80 pay-TV/OTT and telecom players, the global revenues has reached to US$ 410 billion in 2017 for Q4.
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.