IDATE reports the global TV services market grew by 4.1 per cent in 2012. The TV service market totalled €329 billion and outperformed the consumer electronics market, which fell 7.1 per cent year-on-year to €260 billion.
The top 10 media companies in 2012 were all in the US: led by Comcast/NBC Universal, DirecTV, Time Warner, Walt Disney, News Corp, Time Warner Cable, Cox Enterprises, Dish Network, Viacom and CBS.
Europe’s digital markets altogether grew by only 0.1 per cent to €869 billion, according to IDATE, and Europe was outperformed by all other global regions.
Africa saw the highest growth, up 8.2 per cent to €176 billion, followed by Latin America, up 5.2 per cent to €272 billion, Asia Pacific, up 3.9 per cent to €913 billion, and North America – which remained the largest single market overall – up 2.5 per cent to €939 billion.
IDATE said that it expects the global Internet services market to double in size between now and 2016, growing 110 per cent from €158 billion to €332 billion. Overall, IDATE expects core digital markets globally to grow by 16 per cent from €3,169 billion to €3.663 billion.
Within internet services, IDATE expects OTT video to record the highest growth between now and 2016, followed by paid mobile applications and social networks. The biggest sectors by volume however will be cloud services, search and e-commerce.