Asia-Pacific region to lead telco TV growth: ABI Research
Posted June 11, 2009on:
The Asia-Pacific region will continue to lead telco-TV subscriber growth over the next three years, according to ABI Research, which predicts a compound annual growth rate of 37 percent during the period. According to the findings, subscribers to telco TV services worldwide will grow at an estimated average CAGR of 29 percent over the next three years to reach 47mn subscribers globally by the end of 2011.
“By the end of 2008, telco TV usage continued to be concentrated in countries such as France, South Korea and Hong Kong,” said Serene Fong, industry analyst at ABI Research. “Massive countries such as China and India are still very much inhibited by the lack of sufficiently broad bandwidth but they are expected to be high growth markets in the years to come.”
As the popularity of telco TV services grows ‘nearly exponentially’ during the period, legacy satellite, cable and terrestrial platforms are expected to suffer cannibalisation of subscribers, according to the report. Nevertheless, “they will continue to retain their footholds in their key markets for some time, and we will continue to see overall growth heading north for a while, but it will become more and more constrained,” added Fong.