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.
Starz channels launch on YouTube TV in the US https://t.co/tau2uU4wvz
20 June 2018 @ 16:33:55 UTC
Sony Pictures Television Networks (SPTN) is expanding into OTT in Western Europe https://t.co/1efirQxoZT
20 June 2018 @ 16:32:59 UTC
The UK government has accepted deal terms between 21st Century Fox and Sky https://t.co/jPJ5NRzb2K
20 June 2018 @ 16:32:39 UTC
Pick the right category for you and win big at the Content Innovation Awards! #CIAwards18 https://t.co/GwFrEnVDx0 https://t.co/k3Wgtl5uxP
20 June 2018 @ 08:00:00 UTC
Viacom secures mobile distribution deal for Paramount+ with Telenor. https://t.co/jiKCXOBSuq
19 June 2018 @ 13:31:53 UTC
