Asia Pacific to Add 45 million Pay TV Subscribers
London, UK, March 20, 2020-The Asia Pacific Pay TV sector is the most vibrant in the world, with subscribers up by 45 million and revenues up by US$ 1.40 billion over the next five years according to Digital TV Research. Pay TV penetration will stay at around 69%.
China and India together will account for 80% of the region’s 676 million pay TV subscribers by 2025. India will add 24 million pay TV subscribers over the next five years. However, China will peak in 2021 with a slow decline thereafter. OTT penetration and competition will remain much higher in China than in India.
Simon Murray, Principal Analyst at Digital TV Research, said: “Much of this subscriber growth is down to the number of TV households increasing by 65 million between 2019 and 2025 to 978 million as populations rise and disposable income climbs. The region’s population is 4 billion – more than half of the world’s total.”