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Pay-TV to Penetrate Emerging Markets

Friday, June 19, 2015 5:00:00 AM PDT | VentureDeal
   Singapore  --  The worldwide pay-TV market is expected to grow significantly over the next five years, according to a market research report by ABI Research.

According to its data, half of the world's households will have access to pay-TV services by the end of 2017, reaching nearly 1 billion subscribers.

Market growth will be boosted primarily by growth in emerging markets.

The report goes on to state that it expects worldwide pay-TV to generate $307.5 billion and service revenue by 2020.

Asia-Pacific is expected to grow at a combined annual growth rate of 5%, accounting for nearly $80 billion of that 2020 forecast revenue.

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