Cable’s Share of Pay-TV Market Continues to Shrink as Telco IPTV and Satellite Surge

Market research firm Infonetics Research released excerpts from its latest Pay TV Services and Subscribers report, which forecasts and analyzes the cable TV, satellite TV, and telecommunications Internet protocol television (IPTV) services markets:

• Worldwide video service revenue, including cable and satellite pay TV and telecommunications IPTV, grew again in the first half of 2013 (1H13), to $110 billion, a 2% uptick over the second half of 2012
• Telecommunications IPTV and satellite revenue continue to rise, thanks to new subscribers and increased ARPU in the critical regions of North America and Western Europe
• Meanwhile, cable revenue market share fell another percent in 1H13, primarily due to a slowdown in subscriber growth in the lucrative North American market, where video subscribers are declining at a pace of 1.5% to 2.5% annually
• DirecTV remains the pay-TV revenue market share leader in 1H13
• By 2017, Infonetics expects the global pay-TV market to hit $270 billion, a 2012–2017 compound annual growth rate (CAGR) of nearly 5%