According to ABI Research, the worldwide pay-TV market grew at a steady rate of 4 per cent in 2014 to reach 923.5 million subscribers. “Despite the growth in subscriber base, weak currency exchange rates resulted in a slower increase of pay-TV market service revenue. Worldwide the pay-TV market generated $257 billion in 2014 and is expected to surpass 1.1 billion subscribers in 2020 with a CAGR 2.7 per cent,” comments Jake Saunders, VP and Practice Director of Core Forecasting.
Cable and terrestrial TV markets had
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