The number of homes paying for IPTV in the Asia Pacific region will overtake pay satellite TV subscribers in 2018, according to Digital TV Research.
However, pay satellite TV revenues will remain higher than IPTV. The report says that IPTV revenues in the region will climb to $7.13 billion by 2020, up from $4.43 billion in 2014.
Overall, pay-TV revenues in the Asia Pacific region (22 countries) will grow by $10 billion between 2014 and 2020, reaching an estimated $41.52 billion, with cable TV remaining the highest pay TV earner, with revenues at $23 billion by 2020.
India will generate $4.15 billion of the region’s $11.06 billion satellite TV revenues in 2020.
Digital cable TV revenues will grow by 63% between 2014 and 2020 to $22.54 billion, with analogue cable TV falling from $6.20 billion to $0.56 billion.
Pay-TV revenues will more than double in seven countries (Bangladesh, India, Indonesia, Laos, Myanmar, Nepal and Pakistan) between 2014 and 2020. However, revenues will fall (due to greater competition – including OTT – and subscribers converting to bundles) during this period in Australia, Hong Kong, New Zealand, Singapore and Taiwan, with low growth expected in South Korea.
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