Reflecting the rising importance of the telcos, IPTV is gaining subscribers in Western Europe at the expense of the other pay-TV platforms.
Eastern Europe will have 26.19 million SVOD subscriptions by 2024; up from 10.02 million recorded by end-2018.
Pay-TV revenues in Eastern Europe will peak at $6.95 billion in 2019 before slowly falling to $6.59 billion by 2024.
The number of SVOD subscriptions [for movies, linear channels and TV episodes – excluding other platforms such as sports services] in North America will climb by 110 million from 160 million in 2018 to 270 million in 2024.
On Thursday, April 11, Disney outlined its plans for its Disney+ SVOD platform. Launching in November, the company expects to reach 60-90 million Disney+ subscribers by 2024, with the US contributing a third.
The number of US traditional pay TV subscribers will fall from 105 million in 2010 to 91 million in 2018 and down to 81 million in 2024.
Latin American SVOD subscriptions are forecast to reach 51.10 million by 2024; almost double the 27.12 million recorded at end-2018.
Two operators currently dominate Latin American pay-TV, with America Movil and DirecTV/Sky accounting for nearly half of the region’s subscribers at the end of 2018.
Asia Pacific OTT TV episode and movie revenues will reach $48 billion in 2024; up from the $21 billion recorded in 2018. According to the Asia Pacific OTT TV and Video Forecasts report, the total will increase by $5 billion in 2019 alone.
The Asia Pacific pay-TV sector is vibrant, with both subscribers (up by 68 million) and revenues (up by $2.35 billion) forecast to rise over the next five years.