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Pay Tv Services Market Size, Share & Trends Estimation Reports By Type Outlook (Cable TV, Satellite TV, Internet Protocol TV (IPTV), Services), By Application Outlook (Online pay, Offline pay), By Services Providers Outlook (Cable Service Provider, IPTV Service Provider, Others), By Region and Forecasts, 2022-2030.
The Global Pay TV Services Market size was valued at USD 208.7 billion in 2021 and is predicted to reach USD 240.8 billion by 2030 with a CAGR of 1.6% from 2022-2030.
Pay Tv Services Market Overview:
Pay TV services are subscription-based TV services that allow viewers to watch programming content, such as movies, sports events, and news shows, through a cable or satellite provider. Pay TV services are important because they allow viewers to access a wide range of content without having to rely on free OTA programming. Also, pay TV providers often offer exclusive content that can only be accessed through their service.
Cable TV held a major share of the global pay TV services market in 2016 due to its wide availability across regions when compared to other types of pay TV service providers such as satellite and IPTV providers. However, the growing demand for over-the-top (OTT) content among consumers worldwide is driving technological advances in this area. IPTV is expected to witness high growth during the forecast period.
Pay Tv Services market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Pay Tv Services market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Market Segments Covered in Pay Tv Services Industry Research:
Market Key Players:- ABSat
- CANAL+ GROUP
- CanalSat
- Comcable
- DIRECTV
- France Télévisions
- M6 Group
- Noos Numericable
- Orange TV
- SFR Group
Key Vendors:
1. ABSat: ABSAT TECHNOLOGIES is comprised of a diverse and eclectic group of individuals who see the world a little differently in a good way! We are a team of talented and dedicated individuals with many years of experience building user experiences. Our team consists of project managers, developers, designers and solution engineers who all care very much about helping our clients shine! Each project has a dedicated solutions engineer, project manager, designer, developers, and direct involvement from our management to ensure project quality and professionalism from start to finish. We deliver high quality, cost effective, reliable and result-oriented web solutions on time for global clients.
2.CANAL+ GROUP: Premier groupe de média audiovisuel français, le Groupe CANAL+ rassemble une communauté de talents ouverts sur le monde et présents dans plus de 50 pays pour offrir à plus de 25,5 millions d’abonnés, le meilleur de l’entertainment.Specialties in a médias, édition de contenus, and technologies de l'information.
3. Comcable:It is a premier manufacturer of end to end structured cabling solutions. Equipped with technical experts and low voltage product specialists, comCables is dedicated to delivering a World Class Experience. At comCables, we pride ourselves on delivering industry standard, quality products at competitive prices, while providing an easy place for our customers to do business.
4.DIRECTV: At DIRECTV, we believe TV is meant to be enjoyed. Everything we do is focused on delivering an entertainment experience above and beyond expectations and industry standards and advocating for excellence on behalf of our customers. A shared passion for the joy of television defines our mission to offer the content, service, and reliability that allows our customers to connect, unwind, and indulge their inner superfan by watching what they love on any screen, anywhere. We never stop innovating and continue to embrace emerging technologies.
5.M6 Group: Le Groupe M6 s’est patiemment construit grâce à une succession de belles histoires... L'atout majeur du Groupe M6 : la transversalité. L’innovation, l’audace et la proximité, restent les clés de sa stratégie et, en conséquence, de son succès.Groupe Métropole Télévision est devenu avec les années un groupe multimédia puissant, offrant une large gamme de programmes, de produits et de services disponibles sur les supports les plus divers : télévision, Internet, téléphone mobile… Seconde chaîne commerciale du marché, l’offre de M6 est complétée par W9, chaîne leader de la TNT, et depuis peu 6ter, "la télévision à partager".
By Type:
- Cable TV
- Satellite TV
- Internet Protocol TV (IPTV)
- Services
- Digital Terrestrial Broadcast
- Satellite Broadcast
- Cable Television Broadcasting
- Internet Protocol Television (IPTV)
By Service Provider:
- Cable Service Provider
- IPTV Service Provider
- Others
By Application:
- Online pay
- Offline pay
By Region:
Asia Pacific is expected to emerge as the fastest-growing regional market during the forecast period. Growth can be attributed to rising disposable income, growing adoption of digital services, and increasing smartphone penetration in emerging economies such as India and China.
North America dominated the global pay TV services market in terms of revenue share in 2019, owing to the high level of disposable income of consumers coupled with preference for premium content across all platforms. Additionally, technological advancements such as faster internet speeds are expected to further propel the industry growth in the coming years.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Belgium
- The Netherlands
- Luxembourg
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia-Pacific
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Growth Factors:
Growing Demand for High-Quality Video Content: Growing demand for high-quality video content is one of the major growth drivers for the global pay TV services market. This is because consumers are increasingly turning to premium pay TV services for access to exclusive and up-to-date content.
Increasing Broadband and Wireless Network Penetration: Increasing broadband and wireless network penetration is another major growth driver for the global toll T services market. This is because these networks are helping to expand pay TV services in many regions.
Increase in original programming: The increase in original programming aired by various pay-TV service providers is another major driver of growth for this market. This is because it helps attract new subscribers as well as retain existing ones.
Dynamics:
- Growing demand for video on demand (VOD) services
- Increasing availability of high-speed internet and digital technologies
- Growing adoption of smart TVs and mobile devices
- Increasing investment in original content production
- Emergence of new technologies such as 4K and HDR
Restraints:
- High cost of pay TV subscriptions
- Availability of free streaming services
- Growing popularity of cord-cutting and cord-shaving
- Rising competition from streaming giants such as Netflix and Amazon Prime Video
Trends:
- Growing demand for personalized and customized content
- Increasing focus on original content production
- Growing popularity of live sports and events broadcasting
- Emergence of new business models such as freemium and hybrid models
Drivers:
- Rising disposable income in developing countries
- Increasing demand for high-quality and diverse television content
- Growing popularity of binge-watching culture
- Increasing availability of high-speed internet and digital technologies
Challenges:
- Rising content acquisition costs
- Regulatory challenges in different markets
- Growing concerns about piracy and illegal streaming
- Increasing competition from non-traditional players such as social media platforms and gaming companies
Opportunities:
- Growing demand for local content production
- Increasing adoption of OTT (over-the-top) services
- Emergence of new markets in developing countries
- Growing demand for interactive and immersive content experiences.
Scope of Report :
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | USD 240.8 billion |
Growth Rate | CAGR of 1.6% from 2022 to 2030 |
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