Global pay TV subscriber base to surpass 1.1 billion in 2020
According to ABI Research (www.abiresearch.com) the worldwide pay TV market grew at a steady rate of 4% in 2014 to reach 923.5 million subscribers.
“Despite the growth in subscriber base, weak currency exchange rates resulted in a slower increase of pay TV market service revenue. Worldwide the pay TV market generated US$257 billion in 2014 and is expected to surpass 1.1 billion subscribers in 2020 with a CAGR 2.7%,” says Jake Saunders, vice president and practice director of Core Forecasting.
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