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PayTV Market Trends

  • Report ID: GMI10087
  • Published Date: Jul 2024
  • Report Format: PDF

PayTV Market Trends

The PayTV industry is witnessing several key trends amid evolving consumer behaviors and technological advancements. Firstly, the competition in the market is intensifying with both new entrants & incumbents focusing on content differentiation and exclusive partnerships to attract and retain subscribers. Content remains a critical differentiator, with original programming, live sports, and local content playing pivotal roles in subscriber acquisition & retention strategies.
 

For instance, in September 2023, The Walt Disney Company and Charter Communications, Inc. announced a comprehensive multi-year distribution agreement. This transformative deal reinstated most of Disney’s networks and stations for Spectrum’s video customers, effectively catering to the preferences of both traditional linear TV viewers and those opting for streaming service.
 

Additionally, there is a notable shift toward cord-cutting and cord-shaving as consumers increasingly opt for streaming services over traditional cable and satellite TV. This trend is driven by the growing popularity of OTT platforms, including Netflix, Disney+, and Amazon Prime Video, which offer on-demand content and personalized viewing experiences.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for PayTV was valued at USD 192.8 billion in 2023 and is anticipated to register 2% CAGR between 2024 and 2032, owing to the rapid adoption of Over-the-Top (OTT) services.

The cable TV segment in the payTV market held over 44% share in 2023 owing to its established infrastructure and widespread availability.

North America market recorded 35% share in 2023 attributed to its advanced telecommunications infrastructure for supporting cable, satellite, and IPTV services.

Comcast Corporation (Xfinity), Charter Communications, DISH Network Corporation, Rogers Communications, Altice USA, Verizon Communications Inc., and MultiChoice Group

PayTV Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 300
  • Countries covered: 1
  • Pages: 200
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