Global pay TV market expected to grow, with cable losing share

The value of the worldwide pay TV market, including cable, satellite and IPTV, is expected to grow by the end of this year to US$236 billion (€182 billion), up from US$223 billion in 2011, according got ABI Research.

ABI Research expects the pay TV market to continue to grow 19% over the next five years, generating US$281 billion in 2017.

Cable TV is likely to maintain the largest share of the market through 2017, although it is losing market share to both satellite and IPTV, notably in the US.