Pay TV Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2019 - 2025
PayTV Market Overview: During the last few decades, cable TV piracy was a major concern in the television industry. The impregnable infringement of copyrights was rampant; and in some rural areas, long cables to distribution boxes were used in order to acquire the access to content free of cost. However, the advent of PayTV has significantly contributed towards ameliorating the cable TV piracy, and there has been a perceptible penetration of PayTV in most parts of the world which is leading to a demand influx in the PayTV market that witnessed a global valuation of $216.67 billion as of 2018. Furthermore, with steady growth in the number of subscribers worldwide, the PayTV market revenue is poised to observe a compound annual growth rate (CAGR) of 3.56% during the forecast period of 2019 to 2025. APAC is found to be the most lucrative region for the vendors in the PayTV market, and the region garnered a global revenue share of 32.77% in 2018. This is mainly due to the fact that digital...