Multiplay service revenue in South Korea is expected to grow at a compound annual growth rate (CAGR) of 2.4% from $6.9 billion in 2021 to $7.7 billion in 2026, driven by the steady rise in the number of multiplay households and growth in the average monthly multiplay household spending, according to GlobalData, a leading data and analytics company. GlobalData’s South Korea Multiplay Services Forecast (Q1 2022) reveals that the number of multiplay service households in the region will … [Read more...] about South Korea multiplay service revenue to grow at 2.4% CAGR over 2021-2026, forecasts GlobalData
GlobalData
South Korea pay-TV revenues to reach $6.9 billion by end of 2026, forecasts GlobalData
Pay-TV services revenue in South Korea is expected to grow marginally at a compound annual growth rate (CAGR) of 1.14%, from US$6.5 billion in 2021 to US$6.9 billion in 2026, mainly supported by the IPTV segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s South Korea pay-TV Forecast reveals that IPTV services will be the only pay-TV service segment to achieve revenue growth, while DTH and Cable TV service segments will see their revenues decline over the forecast … [Read more...] about South Korea pay-TV revenues to reach $6.9 billion by end of 2026, forecasts GlobalData
Netflix falls short of expectation as market approaches post-peak stream, says GlobalData
Netflix is clearly losing dominance in the subscription video on demand (SVoD) market, according to GlobalData. The leading data and analytics company notes that the streaming company’s market share in the US was 25%, and this will fall to 16% by 2026. Charlotte Newton, Thematic Analyst at GlobalData, comments, “It is clear that we are now post-peak stream as life goes back to normal. Streaming services are either throwing money at the problem, chasing a dwindling number of subscribers, or … [Read more...] about Netflix falls short of expectation as market approaches post-peak stream, says GlobalData
GlobalData: Asia Pacific pay-TV service revenue growth to remain stagnant through 2026
The Asia-Pacific pay-TV services market is expected to see sluggish growth in revenue from US$62.5bn in 2021 to US$64.7bn in 2026, reflecting a meagre CAGR of 0.7%, mainly due to the continued decline in cable TV subscriptions and a drop in average spend per pay-TV account in the region, forecasts GlobalData, a leading data and analytics company. GlobalData’s Asia-Pacific pay-TV Forecast Model (October-2021) indicates that pay-TV subscriptions will increase at a marginal CAGR of 1.4% over the … [Read more...] about GlobalData: Asia Pacific pay-TV service revenue growth to remain stagnant through 2026
China pay-TV services market to remain stagnant between 2021 and 2026, forecasts GlobalData
The pay-TV services revenue in China is expected to grow at a sluggish compound annual growth rate (CAGR) of 0.6% from US$35.1bn in 2021 to US$36.2bn in 2026, due to a steady decline in cable TV subscriptions and drop in overall pay-TV average revenue per subscription (ARPS), according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s China Pay-TV Forecast indicates that cable TV subscriptions are expected to decline at a CAGR of 0.9% between 2021 and 2026 while … [Read more...] about China pay-TV services market to remain stagnant between 2021 and 2026, forecasts GlobalData
GlobalData: Australia’s SVOD service revenue to reach US$3.2B in 2026
Subscription video on demand (SVOD) service revenue in Australia is expected to increase at a compounded annual growth rate (CAGR) of 10.3% from US$1.9bn in 2021 to US$3.2bn in 2026, driven by solid growth in SVOD subscriptions and unique SVOD households, and steady rise in average monthly revenue per unique SVOD household, according to GlobalData, a leading data and analytics company. GlobalData’s Australia Subscription Video on Demand (SVOD) Forecast reveals that the SVOD subscriptions in … [Read more...] about GlobalData: Australia’s SVOD service revenue to reach US$3.2B in 2026