| The ACSM 2003 report has projected a $ 50
billion franchise for Asia's cable and satellite industry by 2015
from a current estimated $ 14.3 billion.
ACSM 2003 predicts that multichannel pay TV subscriber base could
expand to 295.4 million by Y/E 2015 (40 per cent penetration). Taiwan
(92 per cent), Korea (85 per cent) and India (65 per cent) will remain
the highest penetrated markets in the region by Y/E 2015. China (142
million), India (96 million), Japan (25 million), Korea (14.4 million)
and Taiwan (6.3 million) will remain the major markets in terms of
The ASCM 2003 report estimates for India:
53 per cent
65 per cent
|Total number of subs
|Total industry revenues
$ 2.6 billion
$ 10.9 billion
|Leading digital C&S subs
By Y/E 2015, the leading markets, in terms of total industry revenues,
would converge around the region's primary axis of media power,
namely, Japan ($14.5 billion), China ($11.2 billion) and India ($10.9
billion). By Y/E 2015, the leading digital cable & satellite markets,
in terms of total subs, will be Japan (20.8 million), China (15.5
million) and India (15.2 million).
The ACSM 2003 report stated that Asia's cable and satellite industries
are beginning to develop a valuable consumer-focused and content-led
pay TV franchise, boosted by the introduction of tiered digital
video services along with aggressively bundled high-speed Internet
access and telephony.
The report maintained that this change follows the investments of
$30 billion towards the build-out of broadband HFC cable and digital
direct-to-home (DTH) satellite networks over the past decade. These
trends represent the beginning of a long-term cycle that could see
total industry revenues more than double from $14.3 billion at Y/E
2002 to $28.9 billion at Y/E 2007 and thereafter grow to almost
$50 billion by Y/E 2015.
The report also states that the revenue generation would be driven
by the adoption of addressable digital set-top boxes at affordable
prices and the expansion of Internet and telephony services, allowing
pay TV systems across Asia to offer consumers content-rich tiers
of expanded programming alongside Internet access, telephony and
The accelerated rollout of digital video services would also enable
the industry to finally resolve revenue leakage problems associated
with subscriber under reporting and piracy. At the same time, positive
trends in deregulation should take concrete shape in key markets
with strategic and financial investment likely to increase as regulatory
caps are lifted and concerns over pay TV's infrastructure-heavy
and bandwidth-focused past, are replaced by positive sentiment on
its consumer-led and brandwidth-focused future.
ACSM 2003 report on trends in the year 2002: According to
ACSM 2003, which focuses on 13 broadband pay TV markets in the Asia
Pacific, total multichannel cable & satellite video or pay TV subscribers
increased by 10 per cent Y/Y in 2002 to reach more than 166 million
(29 per cent penetration of total TV homes in the region), while
cable modem (Internet/data) customers were up 48 per cent Y/Y to
6.7 million and cable telephony (voice) users increased 59 per cent
Y/Y to 641,000.
In terms of pay TV penetration, the leading markets in Asia, at
Y/E 2002, were Taiwan (83 per cent), Korea (53 per cent) and India
(52 per cent); in terms of subs, the leading markets were China
(95 million), India (44 million), Korea (8.4 million), Japan (8.2
million) and Taiwan (5.1 million).
Digital video or pay TV subs were up 30 per cent to 6.6 million,
largely driven by significant digital DTH satellite growth in Japan,
Korea, Malaysia, Australia, New Zealand and Thailand and followed
slowly by the first year of digital cable deployment in Asia, led
by Hong Kong, China and Taiwan.
At Y/E 2002, the overall broadband cable & satellite industry was
worth $14.3 billion in total revenues (subscription and advertising),
up 25 per cent Y/Y, with video services contributing 85 per cent
($12.1 billion), Internet/data, 14.5 per cent ($2.07 billion) and
telephony, 0.5 per cent ($76 million). Subscription revenues increased
28 per cent Y/Y to $12.2 billion, while advertising showed a robust
10 per cent Y/Y growth to $2.1 billion.
In terms of total industry revenues, the leading markets, at Y/E
2002, were Japan ($4.3 billion), India ($2.6 billion), China ($2.5
billion), Korea ($1.8 billion) and Taiwan ($1.3 billion). By platform,
cable (video, voice and data) had an 85 per cent share of total
industry revenues with satellite (video) at 15 per cent.
ACSM 2003 report on trends in the year 2015: Forecasts published
in ACSM 2003 indicate that total multichannel pay TV subs could
expand to 226.7 million by Y/E 2007 (35 per cent penetration of
total TV homes in the region) and 295.4 million by Y/E 2015 (40
per cent penetration). Taiwan (92 per cent), Korea (85 per cent)
and India (65 per cent) will remain the highest penetrated markets
in the region by Y/E 2015, followed by New Zealand (64 per cent),
Singapore (61 per cent), Hong Kong (60 per cent), Japan (49 per
cent) and Australia (39 per cent).
China (142 million), India (96 million), Japan (25 million), Korea
(14.4 million) and Taiwan (6.3 million) will remain the major markets
in terms of total subs. By Y/E 2015, ACSM 2003 also projects 28.1
million cable modem subs in the region, with growth largely generated
from China, Korea, Japan and Taiwan. Over the same period, cable
telephony (including VOIP) users could grow to 6.8 million, driven
by China, Korea, Japan, Taiwan and Australia.
The report sees digital cable & DTH satellite subs rising from 6.6
million at Y/E 2002 to 32.6 million at Y/E 2007 and 72.2 million
by Y/E 2015, implying 10 per cent digital pay TV penetration of
total TV homes by Y/E 2015 and 24 per cent of the overall 295.4
million pay TV sub base.
Digital satellite growth will be driven by Japan, Korea, Malaysia,
Australia, New Zealand, Thailand and potentially, India, with total
digital DTH subs rising from a Y/E 2002 base of 6.3 million to over
17.8 million at Y/E 2007 and over 34 million at Y/E 2015.
Digital cable deployment should assume rapid growth over the next
decade, led by Taiwan, Australia, China, India, Korea and Japan
with total digital cable subs expanding from only 305,000 at Y/E
2002 to 14.8 million by Y/E 2007, and 38.2 million by Y/E 2015.
By Y/E 2015, the leading digital cable & satellite markets, in terms
of total subs, will be Japan (20.8 million), China (15.5 million),
India (15.2 million), Korea (6.95 million), Australia (3.3 million)
and Taiwan (2.9 million).
The expanded rollout of digital video together with high speed Internet
and/or telephony could boost total industry revenues to $29 billion
by Y/E 2007 and $49.5 billion by Y/E 2015 with subscription revenues
at over $44 bil. and advertising at $5.5 billion.
By Y/E 2015, content-led basic, expanded basic and premium cable
& satellite video services will remain the dominant revenue generator
for the industry, contributing 85 per cent ($42 billion) to the
total pie with cable modem services at 14 per cent ($6.8 billion)
and telephony at 1 per cent ($715 million).
By platform, cable (video, voice and data) will have a 78 per cent
share of total industry revenues by Y/E 2015 with DTH satellite
(video) at 22 per cent. By Y/E 2015, the leading markets, in terms
of total industry revenues, would converge around the region's primary
axis of media power, namely, Japan ($14.5 billion), China ($11.2
billion) and India ($10.9 billion), with Korea ($5.2 billion), Taiwan
($2.6 billion) and Australia ($1.9 billion) representing a significant