Japan multiplay revenue to increase at 4% CAGR over 2022-2027

Wednesday, October 18th, 2023 
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Japan multi-play service revenue to increase at 4% CAGR over 2022-2027, forecasts GlobalData

The total multi-play service revenue in Japan is set to increase at a compound annual growth rate (CAGR) of 4% from $29.5 billion in 2022 to $36 billion in 2027, driven by the rising demand for blended services and growing number of multi-play households in the country, according to GlobalData, a leading data and analytics company.

Japan - Total Multiplay Households by category - Double-play, Triple-play, Quadruple-play - 2022-2027

Global Data’s Japan Multiplay Forecast (Q1 2023) reveals that the average monthly household spend on multi-play service bundles will increase from $55.26 in 2022 to $59.13 in 2027, primarily driven by the increasing adoption of double-play and triple-play service bundles built on fiber optic (FTTH/B) broadband services, and plans with premium benefits such as gigabit speeds, and unlimited access to music platforms.

Kantipudi Pradeepthi, Telecom Analyst at GlobalData, says: “Double-play services will remain the most popular multi-play service category through the forecast period, its share of total multi-play households will increase from 62.6% in 2022 to 66.1% in 2027. Triple-play and quad-play services, on the other hand, will see their share of total multiplay-households to grow from 15.9% and 2.7% in 2022 to 20.3% and 4.1% in 2027, respectively.”

The adoption of multi-play packages in Japan will be boosted by the growing broadband network coverage in the country, especially the increasing availability of high-speed fiber-optic broadband services.

Pradeepthi concludes: “KDDI will lead the double-play and quad-play markets, by subscription share, through the forecast period driven by its promotional service bundles inclusive of fixed broadband, telephony, pay-TV, and mobile services along with multi-channel TV broadcasts and other value-added benefits, at discounted rates. NTT, on the other hand, will continue to lead the triple-play segment in terms of households through 2027.”

Links: GlobalData