Global pay TV market crosses 900m mark in 2013

Global pay TV market crosses 900m mark in 2013

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The global pay-TV subscriber base increased by more than 5% in 2013 from about 856 million subscribers in 2012 to a total of 901.1 million subscribers in 2013, according to a new market report.

US-based technology research company, ABI Research reports that the Average Revenue Per User (ARPU) dropped from $24.10 in 2012 to $23.80 in 2013.

“In general, the pay-TV market grew both in terms of subscribers and service revenue across all pay-TV platforms. Overall pay-TV service revenue reached almost $250 billion in 2013,” said Jake Saunders, VP and practice director of core forecasting, ABI Research.

Subscription for the High Definition TV (HDTV) services grew steadily in 2013, accounting for 41% of total pay-TV subscriber base in 2013. ABI Research forecasts that the subscriber base of HD-TV services will continue to increase to 57% of total pay-TV subscribers in 2019.

ABI Research also expects the worldwide pay-TV subscriber base will reach 1.1 billion subscribers in 2019 with increasing broadband connectivity expected to help drive IPTV market growth.

Khin Sandi Lynn, industry analyst, ABI Research noted that “The IPTV market is likely to grow at a faster pace than other platforms, with a CAGR of 9% over the next five years to reach 160 million subscribers in 2019. The global pay-TV market is expected to generate $317.5 billion in 2019.”

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Kayode Oladeinde Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929