October 24, 2012 – The worldwide pay-TV market is growing on all major TV platforms worldwide, including cable, satellite, and IPTV, according to ABI Research’s pay-TV Market Data, which looks at average revenue per user (ARPU) and revenues worldwide.
Pay-TV service revenue is expected to reach $236 billion by the end of 2012, up from $223 billion in 2011, according to the market intelligence company, which also expects the pay-TV market to continue to grow 19 per cent over the next five years, generating $281 billion in 2017. Pay terrestrial TV services, however, are losing steam with a small drop in revenue; ABI Research notes that the French pay-TV platform TV Numeric is in receivership and likely to close at the end of the year.
Read more at Advanced Television