Digital TV Research forecasts that Netflix will have 201 million streaming subscribers by 2023, up by 82% from 111 million at end-2017.
vMVPD and D2C revenues will reach $24 billion by 2023 – eight times the $3 billion recorded in 2017, according to the vMVPD and D2C TV Forecasts report.
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%.
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.
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.
The number of digital pay-TV subscribers in Eastern Europe will increase from 25.49 million in 2010 to 61.57 million in 2017 and onto 78.08 million by 2023.
US pay TV revenues peaked in 2015, at $101.71 billion, according to the eighth edition of the North America Pay TV Forecasts report.
Although the economic recession waned somewhat in 2017, the Latin American pay-TV sector was still affected.