Digital TV News: GlobalData

TV streaming accounts will surpass 1 billion globally in 2020
Jun 11, 2020 – The number of online TV streaming accounts will reach 1.1 billion in 2020, surpassing traditional pay TV accounts for the first time, marking a watershed moment in the history of TV consumption, according to GlobalData.
News categories: GlobalData, Danyaal Rashid, Digital TV, Market Research, OTT, Worldwide

UK SVOD market to grow 100% over next five years
May 15, 2020 – The UK’s solid growth in SVOD adoption is set to continue over the next five years, according to GlobalData. The total number of subscriptions is expected to double between 2019 and the end of 2024, rising from 22.4 million to 44.6 million.
News categories: GlobalData, Joel Cooper, Digital TV, Market Research, OTT, UK

Falling ad revenue to hurt TV broadcasting
Apr 14, 2020 – According to GlobalData, TV broadcasters may be experiencing higher viewing numbers during this COVID-19 lockdown, but their bottom lines will be significantly hurt by falling ad revenues.
News categories: GlobalData, Danyaal Rashid, Advertising, COVID-19, Digital TV, Market Research, Worldwide

IPTV service revenue in Korea to grow at a CAGR of 4.4% to 2024
Jan 14, 2020 – South Korea’s IPTV revenue is set to grow at a CAGR of 4.4% for the period 2019-2024, according to GlobalData. The country's IPTV service revenue is expected to reach US$3.8bn with a subscriber base of 19.26 million in 2024.
News categories: GlobalData, Akash Jatwala, Digital TV, IPTV, Korea, Market Research, Subscribers

Pay-TV revenues in S. Korea to grow at a CAGR of 0.7% over 2019-2024
Dec 30, 2019 – Total telecom and pay-TV services revenue in South Korea is expected to decline at a CAGR of 0.3% between 2019 and 2024. Growth in mobile data, fixed broadband and pay-TV segments’ revenues will fail to offset other declines according to GlobalData.
News categories: GlobalData, Deepa Dhingra, Digital TV, Korea, Market Research

GlobalData expects decline in Singapore pay TV revenues
Dec 27, 2019 – The total telecom and pay-TV services revenue in Singapore is expected to increase at a compound annual growth rate (CAGR) of 3.0% between 2019 and 2024, supported by revenue growth in mobile data and fixed broadband segments, according to GlobalData.
News categories: GlobalData, Deepa Dhingra, Digital TV, Market Research, Singapore

US telecom and pay-TV service revenue to rise to $419.4bn by 2024
Nov 18, 2019 – Telecommunications and pay-TV service revenue in the U.S. will reach $404.5bn by the end of 2019, representing a 0.5% decline over 2018, according to GlobalData. Pay-TV revenue will drop from $94.4bn in 2019 to $84bn by 2024 as a result of cord-cutting trends.
News categories: GlobalData, Ivan Maldonado, Digital TV, Market Research, USA

SVoD subscriptions in N. America to grow at 9% CAGR from 2019 to 2023
Nov 12, 2019 – North America’s SVOD market will close 2019 with an estimated 147 million subscriptions, expanding at a CAGR of 9% through 2023, according to GlobalData. The US market is one of the most competitive SVoD markets worldwide.
News categories: GlobalData, Eulalia Marín-Sorribes, Digital TV, Market Research, North America, OTT, Subscribers

IPTV subscriptions and ARPU to drive pay TV growth in Japan
Oct 14, 2019 – GlobalData expects that a rise in IPTV subscriptions and increasing ARPU will drive growth in pay-TV service revenues in Japan through 2023. Fixed broadband expansion and rising adoption of OTT services will also increase revenue.
News categories: GlobalData, Hrushikesh Mahananda, Broadband, Digital TV, Japan, Market Research