iWorld

SVoD subscriptions to see massive growth worldwide

Traditional pay-TV will only add 94 million subscribers

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2018/10/01/vod.jpg?itok=2E_dIQXc

MUMBAI: Streamers across the world are ready to pay for online video. According to a new study by analyst firm Digital TV Research, SVOD subscriptions will more than double between 2017 and 2023. While Global pay-TV and SVoD subscriptions are expected to reach 1.877 bn by 2023, traditional pay-TV(http://www.indiantelevision.com/dth/dth-operator/dish-tv) will only add 94 mn subscribers.

At the end of 2017, the number of subscribers stood at 222 mn in US which is predicted to reach to 289 mn subscriptions by 2023. But China will see the highest rate of growth by adding 171 mn subscriptions during this period to take its total to 610 mn. However, its pay TV subscription will grow by 32 mn only. India will add 49 mn pay-TV and SVoD subscriptions in this period.

Based on the new subscriptions, total subscription revenues (https://indiantelevision.com/iworld/over-the-top-services/global-ott-rev...) will increase by 11 per cent ($25.4 bn) to total $251 bn in this period. Due to cord cutting traditional pay-TV revenues will drop by $18.5 bn to $183 bn. On the other hand, SVoD’s revenue will climb by $43.7 bn to $69 bn. This revenue jump will lead to an increase in total share from 11 per cent in 2017 to 27 per cent in 2023.

The market leader US will see total revenue from $108 bn in 2017 to $105 billion in 2023. While Pay-TV subscription revenues will drop by $20 bn, SVoD additions will not be able to make up the shortfall.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/15/PUBG.jpg?itok=RVSmpKXs
Of gaming and opportunities, a look into the Indian esports ecosystem

MUMBAI: Esports is a fairly new buzzword in the country. While esports tournaments have been a part of the country’s gaming ecosystem for quite some time, in the past couple of years, the popularity has surged high enough to attract international attention and now many are scrambling to get a slice...

iWorld Gaming
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/14/filmfare.jpg?itok=LAYP1aGx
Filmfare Awards to simulcast on Facebook globally

MUMBAI: Worldwide Media, India’s leading lifestyle and entertainment content company, has entered into a strategic partnership with Facebook for its iconic Filmfare Awards Franchise. The year-long partnership will provide exclusive non-linear digital simulcast partnership to the entire Filmfare...

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/14/watcho.jpg?itok=jFP8Gig3
Watcho streams special original series for Valentine’s Day

MUMBAI: With Valentine’s Day just around the corner, Dish TV India Limited, India’s leading DTH Company is all set to premier two new shows on its OTT platform, Watcho. Watcho is giving a chance to its viewers to get immersed in the season of love through their daily episodic show ‘Love Horoscope’...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/14/mobile-world-congress.jpg?itok=FVHIeNgb
Coronavirus fallout: MWC cancelled; HK FilMart postponed

The Wuhan-originating coronavirus is leaving its impact on industry confabs in Europe and Asia. The Mobile World Congress which was scheduled to be held from 24-27 February in Barcelona was cancelled yesterday, following the pullout by a large number of partner companies, with concerns over the...

iWorld Telecom
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/13/actus.jpg?itok=JDIsZ1TL
Actus Digital to demonstrate all-in-one media platform at 2020 NAB Show

At the 2020 NAB Show, Actus Digital will demonstrate how its mandatory compliance solution is part of a much larger media intelligence platform, providing cross-organizational benefits to the operations, marketing and research, and new media departments of broadcasters and media companies. The...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/13/docubay.jpg?itok=WN8Sxvq_
DocuBay signs strategic content integration deal with PatchWall on Mi TVs

MUMBAI: DocuBay, the premium global membership video-on-demand documentary platform by IN10 Media, today announced a significant content partnership with PatchWall on Mi TV, India’s number 1 Smart TV brand. DocuBay is now available as an integrated offering for all PatchWall users, featuring high-...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/13/hike.jpg?itok=8JbsGrHD
Hike adds more cheer to Valentine’s Day; gives love back to users!

MUMBAI:  As Valentine’s Week is upon us, Hike adds to the celebration of love with a slew of newly launched love stickers and Valentine’s Day surprises for top 2,000 users. As a platform dedicated to enabling shared online experiences between friends and closed one, Hike also shared that over 1...

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/12/merki.jpg?itok=RKssDeqE
4 ink strategic partnership

MUMBAI: Merkle Sokrati, the leading data-driven performance marketing agency from the house of Dentsu Aegis Network (DAN), has inked a strategic partnership deal with TikTok - world’s leading short-video creation platform, for India. Given the platform’s popularity and content diversity, brands...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2020/02/12/ott.jpg?itok=pyQdgBvI
Nielsen’s consumer attitude insights on streaming video

MUMBAI: Streaming video is becoming increasingly crucial for Indian legacy broadcasters, as GenZ continues to spend an increasing amount of time on video apps, watching their favourite shows. But the business is not easy, burning away ginormous amounts of capital. Customer acquisition is expensive...

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories