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Market research firm Infonetics Research has revised its pay-TV revenue forecasts to reflect what it sees as increasing competition from OTT players.
“As a result of increasing competition from over-the-top players and the service providers themselves using broadband video as a lower-priced offering, we believe overall video services ARPU and revenue growth will be constrained and, accordingly, have reduced our 2017 pay-TV revenue forecast by 35 per cent globally, from $401 billion to just under $260 billion,” advises Jeff Heynen, principal analyst for broadband access and pay TV at the firm.
Among the findings from the Pay TV Services and Subscribers report:
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