HONG KONG & SINGAPORE, July 15 (Bernama-BUSINESS WIRE) -- The
Asia-Pacific pay-TV industry will grow at a 5.8% average annual rate from 2016
to 2021, according to a new report, Asia Pacific Pay-TV & Broadband
Markets, published by leading industry analysts Media Partners Asia (MPA).
MPA projects pay-TV industry sales across 18 major markets in Asia Pacific to climb from US$54 billion in 2016 to US$72 billion by 2021, rising thereafter to US$81 billion by 2025. The pace of pay-TV subscriber and revenue growth is slowing however, weakened by an economic slowdown and increasing competition from both legal and illegal alternatives. Pay-TV subscriber growth declined or substantially decelerated in Hong Kong, Indonesia, Malaysia and Singapore in particular.
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