Even if Pay-TV struggled elsewhere, but in Asia Pacific, the sector is vibrant. As per the recent Asia Pacific Pay TV forecast, the market is expected to rise with both subscribers (up by 68 million) and revenues (up by 2.35 billion ), over the next five years.
Commenting on the forecast report, Simon Murray, Principal Analyst at Digital TV Research, said: “IPTV is the biggest pay-TV winner – adding 83 million subscribers between 2018 and 2024 to take its total to 272 million. Much of this growth will happen in China (up by 40 million) as cable subs convert to OTT or IPTV and in India (up by 28 million).”
Apart from China and India, the Indonesian market will also witness IPTV growth, contributing to Asia Pacific Pay-TV stats. However, Cable and Pay Satellite TV will continue to suffer in overall.