Global pay TV market tops 924.4m subscribers

The global pay TV market is estimated to have passed 924.4 million subscribers in 2014, driven by market-leading growth in IPTV, according to ABI Research. 

The new stats claim that worldwide pay TV subscriber numbers grew by 5% in 2014, with 14% growth in IPTV and 7% growth in satellite TV.

“The growth rates of cable and terrestrial TV platforms are expected to slow to around 3%,” said Jake Saunders, VP and practice director of core forecasting at ABI Research.

Growth in the cable TV market is said to have been driven by the Asia-Pacific and Latin American markets, which were estimated to have added a combined 13 million subscribers last year. However, ABI claims there was a 1% decline in North American cable subscribers.http://www.digitaltveurope.net/322592/global-pay-tv-market-to-top-924-4m-subscribers-this-year/