Asia Pacific will have 467 million SVOD subscriptions by 2025, up from 267 million in 2019, according to Simon Murray’s Digital TV Research.
Global pay-TV subscriptions exceed 1 billion
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.
SVOD subscriptions soar by 38% in 2018
Gross SVOD subscriptions increased by 139 million in 2018 to 508 million – or up by 38%.
Global pay-TV subscriptions up, revenues down
Digital TV Research forecasts 60 million additional pay-TV subscribers between 2018 and 2024 to take the global total to 1.08 billion.
Global SVOD subscriptions to double
The number of gross SVOD subscriptions will increase by 91% – or 462 million – between 2018 and 2024 to reach 970 million.
OTT revenues climbed by $17 billion in 2018
Global online TV episode and movie revenues reached $68 billion in 2018, climbing from $51 billion in 2017 and up by $30 billion on 2016.
Global AVOD revenues to reach $56 billion
AVOD [advertising expenditure attributed to OTT TV episodes and movies] will more than double between 2018 and 2024 to reach $56 billion across 138 countries.
Three-quarters of pay-TV operators to gain subs
Three-quarters of the world’s pay-TV operators will gain subscribers between 2018 and 2024.
Global pay-TV to add 81 million subscribers
Digital TV Research forecasts 81 million additional pay-TV subscribers between 2018 and 2024 – up by 8%.
Global OTT revenues to more than double
Global online TV episode and movie revenues will reach $159 billion in 2024; more than double the $68 billion recorded in 2018. About $17 billion will be added in 2019 alone.