• Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • FOCUS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
Saturday, February 27, 2021
MediaNews4U
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • FOCUS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
        • Market Analysis
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
No Result
View All Result
MediaNews4U
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • FOCUS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
        • Market Analysis
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
No Result
View All Result
MediaNews4U.com
No Result
View All Result
Home Exclusive

Asia Pacific Pay-TV Industry To Grow 5% In 2018, Exceeding US$56 Billion In Revenue: MPA Report

by Editorial
November 8, 2018
in Exclusive, Featured, Market Analysis
3 min read
Asia Pacific Pay-TV Industry To Grow 5% In 2018, Exceeding US$56 Billion In Revenue: MPA Report

Share Share ShareShare
  • China, India, Korea and Japan will power future growth, with MPA forecasting a 3% CAGR in Asia Pacific pay-TV revenue from 2018-23
  • By 2023, pay-TV revenue will total US$25 billion in China, US$16 billion in India, US$7.4 billion in Korea and US$7.1 billion in Japan
  • MPA projects the Asia Pacific pay-TV base to grow from 645 million subs in 2018 to 696 million subs by 2023, a 2% CAGR

Pay-TV revenue in Asia Pacific, comprised of subscription fees and local and regional advertising sales, will top US$56 billion in 2018 after 5% annual growth, according to Asia Pacific Pay-TV Distribution, a new report published today by leading industry analysts Media Partners Asia (MPA). The Asia Pacific pay-TV industry will continue to expand at a 3% CAGR between 2018-23 to exceed US$66 billion in revenue by 2023, according to MPA forecasts. MPA’s Asia Pacific Pay-TV Distribution report covers 17 markets across the region.

Over the next five years, the biggest gains will come from the utility-oriented China market, where pay-TV revenues are projected to grow at a 3% CAGR to reach US$25 billion by 2023, and the more accessible and commercial India market, where pay-TV revenues are set for an 8% CAGR to reach US$16 billion by 2023. That makes India the highest growth and most scalable pay-TV market in Asia Pacific. At the same time, Korea, another regional pay-TV powerhouse, will grow at a 3% CAGR to reach US$7.4 billion in revenue by 2023, according to MPA forecasts, while pay-TV revenues in Japan will climb at a 1% CAGR to touch US$7.1 billion over the same time-frame.

Elsewhere, pay-TV momentum will moderate in Indonesia and the Philippines, two of Southeast Asia’s biggest growth economies, according to MPA, while Australia, Hong Kong, New Zealand, Malaysia, Singapore and Thailand will register revenue declines ranging between a -1% to a -6% CAGR over 2018-23.

Vivek Couto
Vivek Couto

Commenting on the findings from the Asia Pacific Pay-TV Distribution report, MPA executive director Vivek Couto said: “Pay-TV stakeholders are adjusting to new realities as the industry shifts to IP-based distribution. The growth of high-speed broadband and online video is driving fundamental changes in content consumption and investment across key markets. This, together with piracy, will continue to adversely impact pay-TV industry growth. There will be more fixed broadband subs than pay-TV subs across much of Asia Pacific by 2021, while the gap between the mobile broadband subs base and pay-TV & fixed broadband subs will further widen as mobile networks emerge as a major means for mass content distribution, accelerating the shift in content consumption from households to individuals. M&A activity for the Asia Pacific broadcasting and pay-TV sectors for 2017 and the first half of 2018 reached US$10.5 billion in aggregate, with the biggest deals taking place in Australia, India and Korea. More M&A and consolidation is likely in these markets with Southeast Asia likely to join the action over 2019-20.”

MPA analysis indicates that the pay-TV subscriber base in Asia Pacific will grow by 3% in 2018 to reach 645 million subs, representing 57% of TV homes with at least one pay-TV service. The Asia Pacific pay-TV subs base will grow at a 2% CAGR between 2018-23 to reach ~696 million by 2023, according to MPA projections. Pay-TV penetration by 2023 will fall to 55% of TV homes when adjusted for multiple subscriptions, largely due to an acceleration in cable cord cutting in China.

Ex-China, net customer additions across Asia Pacific will significantly slow from 10.4 million in 2017 to 6.5 million in 2018. India will account for 47% of the growth in 2018, followed by Indonesia (12%), the Philippines (12%), Korea (10%), Pakistan (7%) and Sri Lanka (3%). The pay-TV base ex-China will grow from 267 million subs in 2018 to 288 million subs by 2023, representing a 2% CAGR, with adjusted pay-TV penetration remaining flat at 57% of TV homes.

Tags: annual growthAsia Pacific Pay-TV Distribution reportMedia Partners Asia (MPA)MPA executive director Vivek CoutoPay-TV revenue in Asia Pacific

Related Posts

Pepper Content launches AI-enabled content platform ‘Peppertype.ai’ to create content copies in seconds
Featured

Pepper Content launches AI-enabled content platform ‘Peppertype.ai’ to create content copies in seconds

by Editorial
February 26, 2021
0

Mumbai: With digital transformation radically improving and pushing boundaries, Pepper Content, a content marketplace, today announced the launch of India’s...

Read more
Nothing appoints Manu Sharma as Vice President and General Manager, Nothing India
Featured

Nothing India appoints Manu Sharma as Vice President and General Manager

by Editorial
February 26, 2021
0

New Delhi: Nothing, a new forward-thinking London-based consumer technology company, announced today the appointment of Manu Sharma, as its Vice...

Read more
Please login to join discussion
Ajit Varghese, Chief Commercial Officer, ShareChat

We expect to achieve further growth momentum from the increasing internet population: Ajit Varghese

February 25, 2021
Ruchika Varma, Chief Marketing Officer, Future Generali India Insurance

We are a brand that leads with empathy and genuinely addresses customer needs: Ruchika Varma

February 25, 2021
We at Vinod, are excited to bring back the traditions with a touch of modernity. Sunil Agarwal, Vinod Cookware

We at Vinod, are excited to bring back the traditions with a touch of modernity: Sunil Agarwal, Vinod Cookware

February 25, 2021
TAM AdEx: Ad Volumes of Retail sector on Television plunged by 35% in Y 2020 over Y 2018

TAM AdEx: Life Insurance Ad Volumes in Print witnesses 34% growth

February 25, 2021
ASCI guidelines boon or bane for Influencers?

ASCI guidelines for Influencers; boon or bane ?

February 24, 2021
Vishwanath Shetty, Pocket Aces

Branded content at Pocket Aces have observed a 50% year-on-year revenue growth: Vishwanath Shetty, Pocket Aces

February 24, 2021

Subscribe to Newsletters

Trending

Zenith India appoints Ramsai Panchapakesan as National Buying Head
Advertising

Zenith India appoints Ramsai Panchapakesan as National Buying Head

by Editorial
February 26, 2021
0

Mumbai: Zenith India has appointed Ramsai Panchapakesan in the role of National Buying Head. He will be in charge of the company’s pan-India media operations, working...

Lowe Lintas showcases TVS Scooty Pep+ in a film for the Scooty Pep+ Special edition by TVS Motors

Lowe Lintas creates campaign for Scooty Pep+ Special edition by TVS Motors

February 26, 2021
MX Player ropes in Sidd Mantri as Senior VP, Product

MX Player ropes in Sidd Mantri as Senior VP, Product

February 25, 2021
Anil Foods launched in Kerala Market

Anil Foods launched in Kerala Market

February 26, 2021
CavinKare ropes in Actor Meena Sagar as brand ambassador for H-Milk

CavinKare ropes in Actor Meena Sagar as brand ambassador for H-Milk

February 26, 2021

Contact Us :

UPLIFT MEDIANEWS4U DIGITAL PVT LTD

No. 82, Aram Nagar 2, JP Road

Versova, Andheri West

Mumbai – 400061

Umanath.V
+91-99400-17868
umanath@medianews4u.com

© 2019 medianews4u.com

No Result
View All Result
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • FOCUS 2021
  • Television
  • Advertising
    • PR
    • Mobile/Digital
      • Marketing
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column

© 2021 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In