The number of pay TV and over-the-top (OTT) video subscribers in South Asia is due to grow at a compound annual growth rate (CAGR) of 7.4% between 2017 and 2023, according to Dataxis.
The research firm estimates that subscribers in the South Asian Association for Regional Cooperation (SAARC) region will increase from 226 million in 2017 to 371 million in 2023.
“India is by far the biggest market among SAARC countries, accounting for 81% of the total pay TV and OTT subscriber base,” according to the report.
“The pay TV and OTT revenues in SAARC will be growing at a CAGR of 9.4%, accounting for US$18 billion in 2023. India will contribute up to 80% to the total pay TV and OTT revenues, accounting for US$14.7 billion out of the total SAARC revenues.”
The SAARC countries in the study were India, Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan and the Maldives.
46.7% of respondents said that the set-top box market will decline over the next 10 years Find out more in ‘The fut… twitter.com/i/web/status/1…
21st March 2019
BBC retains #FACup rights until 2025 digitaltveurope.com/2019/03/20/bbc…
20th March 2019
Work still needed on OTT TV quality of service, says French watchdog digitaltveurope.com/2019/03/20/wor…
20th March 2019
FOXNOW debuts in Ukraine digitaltveurope.com/2019/03/20/fox…
20th March 2019
Gravitas launches movie SVOD offering digitaltveurope.com/2019/03/20/gra…
20th March 2019
