|[February 05, 2013]
IPTV Providers Are Projected to Take an 18% Share of a $304 Billion Market by 2018, According to ABI Research
SINGAPORE --(Business Wire)--
The worldwide Pay-TV market grew at a steady pace in 2012 generating
$238 billion by end-of-year, up from $223 billion in 2011, according to
ABI Research's (News - Alert) "Pay-TV ARPU and Revenues" Market Data. The global Pay-TV
market is expected to generate $304 billion in 2018 with a CAGR of 4%.
Service revenue contributions from cable TV are proving mixed. The
Asia-Pacific region saw service revenue growth due to underlying
increase in subscriptions. However, cable TV operators in North America
are experiencing a decline in service revenue as result of a contracting
subscriber base, despite cable TV innovations such as DVR and HDTV.
Globally, IPTV (News - Alert) is gaining market share year-over-year while the rest of
the Pay-TV platforms are slowly contracting. IPTV service revenue market
share increased from 10% in 2011 to 11.5% in 2012. Cable TV market share
dropped to 47% in 2012 from 48.5% in 2011 while satellite TV market
share dropped around 1%. "Availability of super-fast broadband networks
and bundle offers from telcos over high-speed networks are driving th
growth of IPTV adoption. IPTV market share is expected to increase to
18% in 2018, to generate $53 billion in revenue," according to Jake
Saunders, VP and practice director of core forecasting.
"Based on ABI Research's global Pay-TV market share analysis, satellite
giant DirecTV ranks top in terms of Pay-TV service revenue across all
platforms. In the global IPTV sector, Verizon (News - Alert) is the top ranked IPTV
operator with the highest service revenue," said Khin Sandi Lynn,
ABI Research has recently completed a quarterly update of its "Pay-TV
ARPU and Revenues" Market Data which provides historical and
forecast data for ARPU, and service revenue forecasts for satellite,
cable, and telco TV. The study is a part of ABI Research's Pay
Database which also includes Market Data and Insights.
ABI Research provides in-depth analysis and quantitative forecasting of
trends in global connectivity and other emerging technologies. From
offices in North America, Europe and Asia, ABI Research's worldwide team
of experts advises thousands of decision makers through 70+ research and
advisory services. Est. 1990. For more information visit www.abiresearch.com,
or call +1.516.624.2500.
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