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.
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.